ARTICLES LABELLED WITH TAG industrial

Panattoni has announced the official opening of a new logistics centre for Action in Bieruń near Tychy. The 60,800 sqm facility has been built as a BTS project and in record time. The project has been BREEAM certified at the ‘Excellent’ level, obtaining the highest score so far at this level among Polish facilities in this category (77.1%). Ultimately, more than 200 people will be employed in the facility.

A furniture manufacturer is settling into the MLP Poznań West logistics centre. MLP Group is to develop over 26,000 sqm for the tenant. The client was assisted by a team of specialists of the leading commercial real estate consultancy JLL during the transaction.

The main themes on Slovakia´s office, retail and industrial markets in the fourth quarter of 2021 were supply-side shortfalls and rising prices. However, the office market saw one of its strongest quarters yet as take-up soared. Cushman & Wakefield published its Q4 2021 snapshots for Slovakia’s office, retail and industrial sectors.

More companies from the medical industry have decided to establish part of their operations in 7R City Park Warsaw Airport III, which is under construction in Osmańska Street in Warsaw. ITP S.A. and Stryker will move into the facility at the end of the year, and Komtur will join them in early 2023. Earlier, Polfa Warszawa announced the launch of its research and development centre in the 7R warehouse located on Osmańska Street.

Over €5.7 billion - this is how much investors spent on commercial real estate in Poland throughout 2021, of which in the last quarter alone, the amount attained over €2.2 billion. The latest report prepared by BNP Paribas Real Estate Poland indicates that the past year was marked by a further strengthening of the logistics and industrial sector, making up for losses by retail and the continued battle against Covid's shortage of breath in the office sector.

CTP has completed the takeover and delisting offer for Deutsche Industrie REIT-AG (DIR), which provides immediate scale in Europe’s largest economy. Germany now represents about 15% of CTP’s portfolio and becomes its third-largest market by gross asset value after the Czech Republic (42%) and Romania (21%).

Food retailer SPAR will expand its logistics centre in Czeladź. The facility at MLP Czeladź will be placed in service later this year. Currently, SPAR occupies an area of 8,800 sqm used as a warehouse, cold and freezing rooms, office and staff amenity space. The SPAR logistics centre will be expanded by another 11,200 sqm, the vast majority of which will be used for warehousing, cold storage and freezing purposes. An additional facility will be dedicated to a modern office, which will be expanded by 250 sqm. This phase is scheduled for completion in the third quarter of 2022.

7R starts the construction of 7R Park Mysłowice. When finished, the logistics park will have two buildings with a total rentable area of over 59,000 sqm. The first stage of the project will be completed in July 2022.

Poland’s investment market continued to attract significant investment activity in 2021 with an annual transaction volume of €5.9 billion. A record number (166) of transactions were closed by 80 active investors, according to Avison Young’s annual investment market summary. The company expects that 2022 will see the great comeback of the office sector through increased interest in core and core+ assets in both Warsaw and regional cities.

Total demand amounted to 237,475 sqm in Q4 2021, indicating a 115% increase over Q4 2020 and making 2021 a record year in terms of total demand, according to the Budapest Research Forum’s latest industrial market snapshot.