ARTICLES LABELLED WITH TAG industrial

News - Global Vision and Globalworth attract first tenant in Mureș project
17
Mar
2023

Global Vision and Globalworth attract first tenant in Mureș project

by Property Forum
Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total. 
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News - Accolade ranks among the largest funds in CEE
16
Mar
2023

Accolade ranks among the largest funds in CEE

by Property Forum
Accolade Industrial Fund achieved a return of 9.33 percent in euros and 8.49 percent in crowns last year. It thus met the expected appreciation even in unpredictable economic conditions. Other figures, such as the increase in rent collections, a portfolio value of over €1.5 billion and the ownership of 1.6 million sqm of premium industrial space, also show that the fund has performed well, the fund announced.
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News - Glavbolgarstroy invests €6 mіllіоn in new concrete factory near Pazardjik
14
Mar
2023

Glavbolgarstroy invests €6 mіllіоn in new concrete factory near Pazardjik

by Property Forum
Glavbolgarstroy has inaugurated a fасtоrу for  pre-stressed reinforced concrete structures near Раzаrdzhіk, Bulgaria. The newly–opened plant provides 63 jobs, with a capacity of 80,000–140,000 square metres of built–up area per year, and a wide selection of frame construction schemes. The іnvеѕtmеnt amounts €6 mіllіоn (ВGN 10 mіllіоn).
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News - Garbe Industrial Real Estate continues to expand in Europe
09
Mar
2023

Garbe Industrial Real Estate continues to expand in Europe

by Property Forum
Garbe Industrial Real Estate is moving ahead with its Europe-wide expansion, benefiting from the persistently strong demand for logistics space. For the 203 assets under its management with around 5.7 million square metres of lettable area (including open space), the company achieved rent increases averaging 11.7 percent through indexation provisions and by negotiating new lease agreements. The occupancy rate of the portfolio equals 98 percent. Moreover, the company responded to demand across Europe by delivering new sustainably designed logistics properties.
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News - TitanX expands at  CTPark Opole with nearly 27,000 sqm
08
Mar
2023

TitanX expands at CTPark Opole with nearly 27,000 sqm

by Property Forum
Titanx Engine Cooling, a supplier of cooling systems for commercial vehicle manufacturers, is ramping up its production and distribution capacity at CTPark Opole in the Silesian region of southwest Poland by leasing an additional 27,000 sqm of space. The new capacity will help meet strong demand from customers in its key German, Polish and Czech markets.
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News - HelloParks to build huge logistics centre near Budapest
07
Mar
2023

HelloParks to build huge logistics centre near Budapest

by Property Forum
HelloParks, a subsidiary of Futureal Group announced a fourth major industrial development in the Budapest logistics market. This time the firm will start construction on the southern outskirts of the Hungarian capital. The new 60,000 sqm industrial property in Alsónémedi is the biggest industrial project in the firm's history and is scheduled to open in Q2 2024.
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News - Globalworth reports €16.1 million net loss due to revaluation
06
Mar
2023

Globalworth reports €16.1 million net loss due to revaluation

by Property Forum
Property investor Globalworth has reported a net loss of €16.1 million in 2022 compared to a profit of €47.5 million in 2021, while the value of its commercial portfolio remained effectively unchanged at €3.2 billion. 
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News - CTP records net rental income gain of 38.3% in 2022
03
Mar
2023

CTP records net rental income gain of 38.3% in 2022

by Property Forum
Industrial developer CTP's net rental income amounted to €452.1 million in 2022, which was an increase of 38.3% year-on-year, while like-for-like rental growth was 4.5% last year, mainly driven by reversion on expiring leases and renegotiations, and supported by the 2021 indexation of 1.7%. The company's annual profit decreased by 22.4% from €1,025.9 million in 2021 to €796.5 million in 2022.
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News - P3 Romania leases 98,500 sqm in 2022
02
Mar
2023

P3 Romania leases 98,500 sqm in 2022

by Property Forum
Industrial developer P3 Logistic Parks has secured leasing contracts for over 98,500 sqm of logistics and office space in Romania during 2022 over higher demand from the retail, logistics and transport sectors. 
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News - CTP to add PV power station in Bucharest project
27
Feb
2023

CTP to add PV power station in Bucharest project

by Property Forum
Industrial developer CTP Romania will install a photovoltaic power station with a capacity of 1.5 MW in its CTPark Bucharest project as part of its investments in green energy. 
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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