ARTICLES LABELLED WITH TAG industrial

Havi Logistics will open in the coming months a 21,000 sqm distribution center in Chitila Logistics Hub, a project jointly developed by Globalworth and Global Vision near Bucharest. 

The industrial and logistics market is booming across the region with e-commerce and logistic companies being the main drivers of growth from the tenant side. Laurent Jechoux, Business Director at Czech industrial developer Contera talked to Property Forum about current projects, market trends and the company’s entry into the office market.

Logicor, owner and operator of logistics real estate in Europe, announced the launch of a new office in Prague, Czech Republic. The office has been operational since 1 May 2021.

Futureal’s HelloParks continues its development in the western agglomeration of the Hungarian capital, next to the M1 motorway, in Páty. This is the largest project in the history of the company and will complement HelloParks Fót in the North and HelloParks Maglód in the East, next to the airport. The total pipeline of Futureal Group’s industrial and logistics property development company, HelloParks, has now reached 900,000 sqm of GLA around Budapest.

VGP has signed two lease agreements with OKAY, the Czech electronics and furniture retailer. The company has leased more than 50,000 sqm of warehouse space in VGP parks Vyškov and Prostějov. The new hall in Vyškov is already under construction and will be handed over in September this year, at which point the park will reach 100% occupancy. The building in Prostějov will be ready for use from January 2022. Both projects are being carried out under BREEAM Sustainable certification, level Very Good.

GLP closed the acquisition of Goodman Group’s CEE portfolio less than a year ago. With the integration complete, the company is developing a number of large-scale projects. Błażej Ciesielczak, the CEO of GLP Central and Eastern Europe talked to Property Forum about the growth of the logistics market and shared the company’s expansion strategy for the region.

REICO has launched a new real estate fund. REICO ČS Long Lease is a special mutual fund focused mainly on retail clients. Its main investment criterion is buildings with leases secured for at least 10 years, in the logistics, manufacturing, retail and office sectors. The fund is intended as a complement to the investment portfolio mainly to conservative to medium-risk clients who want to increase the return of their real estate component.

Warehouse owner and developer P3 Logistic Parks says it leased over 35,800 sqm of logistics and office space in Romania in Q1 2021. The company renewed contracts for more than 22,500 sqm of spaces, while the rest was represented by new leases.  

Panattoni is opening the doors for a global provider of the technologically advanced orthodontic devices and dental prosthetics to the market of the EMEA region. The developer is now building the company’s first European production centre. The project to be built in Wrocław comprises an area of around 40,000 sqm and is scheduled to open in January 2022. As a result, up to 2,500 people will find employment. The factory is to be built following the principles of sustainable development and is to be certified under LEED for a rating of 'Gold'.

GLP has leased 20,000 sqm of logistics space across two logistics parks in Czech Republic and Slovakia. The company is developing further GLP Parks in Ostrava and Brno, with an additional two developments in the pipeline for next year.