ARTICLES LABELLED WITH TAG industrial

Wing has acquired Airport City Logistics Park near Budapest’s Liszt Ferenc International Airport, comprising approx. 44,000 sqm of modern warehouse buildings and 8,000 sqm of office area. Through the transaction concluded with CPI Property Group, Wing further strengthens its position in the Budapest industrial and logistics market. The transaction was carried out at a record low, 5.6% yield. 

Czech investment group RSJ and developer Panattoni have agreed on the construction of a new industrial park outside the city of Hradec Kralové. The 35,000 sqm warehouse will be located at one of the exits of the D11 motorway.

Romanian developer Global Vision will invest €70 million in Bucharest Airport Park near Otopeni Airport. The first development phase of the new logistics project will kick off this year and the first warehouse could have a leasable area up to 10,000 sqm, depending on demand, said Sorin Preda, Global Vision’s CEO, according to zf.ro.

Panattoni has begun the construction of a 42,000 sqm logistics centre for Rohlig Suus Logistics at Panattoni Park Poznań West Gate I in Tarnowo Podgórne. At the same time, work has started on a speculative facility with an area of ​​18,000 sqm, which is intended for a variety of tenants. 

EQT Exeter has appointed Savills as property manager for its very first investment in the Czech Republic. The portfolio of industrial assets comprises 140,000 sqm and is located close to Ostrava, Logistics Park Nošovice with effect from July 2021 and Ostrava Airport Multimodal Park in Mošnov with effect from December 2021.

Prologis has acquired additional development land near its existing logistics park in Ostredek, Czech Republic. Located on the other side of the highway running through the site, the addition of another 7.15 hectares with potential development space of 27,000 sqm will take the total park area to 196,000 sqm. This will allow the park to provide even more development opportunities beyond the 8,880 sqm building DC1 currently under construction.

Panattoni is extending a production campus for K-Flex in Uniejów. After having developed almost 60,000 sqm in four buildings, the developer is now to deliver a further 6,500 sqm. The leading producer of thermal and acoustic insulation materials will already be using a 15 m high storage facility in March 2022. This will allow K-Flex to service the growing needs of its construction clients from Europe, Asia and the USA. Both companies are now planning further stages to the extension of the complex in Uniejów.

CTP has closed a €700 million four-year green bond under its €8 billion euro medium-term note (EMTN) programme. Total demand for the issue peaked at circa €1.3 billion, reflecting the solid reputation CTP has built with investors in corporate green bonds in the 15 months since the company entered the capital markets for funding.

P3 Group announced the issuance of its inaugural senior unsecured RegS dual-tranche green bonds across 4- and 7-year tenors, in an aggregate principal amount of €1 billion. The bonds, which will be traded on the Euro MTF Market and listed on the official list of the Luxembourg Stock Exchange, will bear a fixed coupon of 0.875% for the 4-year tenor, and 1.625% for the 7-year tenor, and are expected to be rated BBB by S&P, in line with the corporate rating.

CTP’s portfolio of industrial and logistics spaces in Romania reached 2.1 million sqm in January 2022, with representatives of the company suggesting that the country can become a logistics hub for the region.