ARTICLES LABELLED WITH TAG land

Panattoni has bought 14.8 hectares of land in Central Poland to build Panattoni Park Stryków IV. The project, which will feature 74,000 sqm at full build-out, will be developed at the intersection of the A1 and A2 motorways. Construction kick-off is planned for Q3 2020.

Hillwood acquired new industrial land in Czestochowa where is intends to develop Hillwood Logistics Centre Częstochowa-Miasto, a modern park consisting of 2 warehouses totalling ca. 64,000 sqm GLA.

MLP Group has purchased a land property located in Widzew district in the Southeastern part of Łódź where it plans to construct MLP Łódź, an 80,000 sqm modern logistics and distribution centre.

Marvipol Development special purpose vehicles have concluded two preliminary property sale agreements with LaSalle Investment Management KVG. The initial sale price is approx. €29.6 million net.

Alpha Bank Romania has sold a 60,000 sqm plot of land in Timișoara to German retail chain Lidl and two other investors. The Romanian bank previously planned to develop a shopping centre there, Ziarul Financiar reported.

Panattoni has acquired a 14.4-hectare site at ul. Miedziana to build City Logistics Katowice. Construction works at the park, anticipated to feature 70,000 sqm at full build-out, will commence before year-end.

CA Immo has sold a 62,000 sqm land plot close to Budapest Airport to Földfém Kft. and intends to fully focus on the office market in the future. CA Immo was represented by CBRE and Hungarian law firm Cerha Hempel in the transaction.

Neonica has finalized the sale of a plot of 1.65 ha, located at 95 Tuwima Street in Łódź. The buyer is Apartamenty Tuwima Sp.z o.o. Experts from JLL represented the vendor in the transaction process.

Major real estate developers continued to be active in Bucharest throughout 2019, providing the land needed for new projects consisting of over 6,000 apartments and 130,000 square meters of offices. Overall, in 2019, 24 major transactions were made in Bucharest with land intended for the development of residential, office or mixed projects, some of them having the potential to include a hotel component, according to Cushman & Wakefield Echinox.

Skanska has acquired about 26,200 square meters of land in Bucharest, Romania, from Intero Property Development Estates SRL. The total investment amounts to €24 million.