White Star Logistics, a joint venture between White Star Real Estate and Bain Capital Credit, is commencing the development of a 55,000 sqm logistics center in Raszyn. Within the investment, whose commercialization began at the beginning of the year, three buildings will be constructed in stages. 

The fourth quarter was one of the best in recent history, with property deals in Romania at €342 million, compared to €40 million in the same period of last year, according to real estate consultancy Colliers. The overall investment transactions volumes edged close to €900 million, which is roughly similar to the result of 2020. 

Colliers advised Bosch Termotechnika s.r.o., an international manufacturer of heating and hot water heating equipment, in the sale of its industrial manufacturing facility in Město Albrechtice, located in the Moravian-Silesian Region in the Czech Republic close to the Polish border.

The leasing of industrial and logistics spaces in Romania hit a record of 1 million sqm during 2021, with net take-up accounting for 80% of all traded volumes, according to real estate consultancy Cushman & Wakefield Echinox. 

MDC2  – a developer of warehouse and industrial space operating on the Polish market – announced a new key hire in their Development Team. Ewa Zawadzka was appointed a Director, Head of Development effective February 1, 2022.

The post-pandemic times are bringing many changes in the demands and expectations of clients. There is also a strong demand for better tools and resources. Therefore the Colliers Czech Republic appointed a new Head of the Industrial and Investment teams.

Last year the number of new green buildings and the "greening" of existing ones continued to grow dynamically in Budapest, Colliers reports.

Panattoni has started an 87,300 sqm BTS facility in Stargard in north-western Poland. The facility will be used by TEDi, a  German retail chain, which has over 2,500 stores in Europe. The project, which should be completed in October this year, will support the further development of TEDi in the country, where the company doubled the number of its outlets in 2021.

Panattoni has begun constructing 8,700 sqm for InPost within the Central European Logistics Hub in Łódź. In 2021 alone, Panattoni completed logistics centres of nearly 100,000 sqm for InPost within eleven locations. Due to Panattoni’s completed projects both within city limits and on their borders, the end consumer receives quicker service including in small towns.

HelloParks, a member of Futureal Group, has already handed over its first 46,000 sqm warehouse in Maglód which is operating with more than 80% occupancy. Preparations for the next 45,000 sqm phase (MG3) have begun. The new building is planned to be handed over in Q4 2022