CTP announced that it had successfully leased a total of 450,000 sqm in Romania in the 2019–2020 period, including to some of the most important players in key industries such as retail, e-commerce and automotive.

CTPark Ostrava is currently home to 75 companies with 9,000 people employed there and the site continues to attract new firms looking for suitable sites for production space. The offer of such space in the Moravian-Silesian Region has grown by 70% year-on-year. The site owner, CTP, has now concluded agreements with Brembo, Hyundai Steel and Škoda Vagonka on new operations at the park. More than five hundred new jobs will be created in the region as a result.

CBRE Global Investors in collaboration with general supplier Demaco have handed over the new premises in Nýřany to their client Faurecia represented by the industrial agency of Colliers International Czech Republic. Faurecia Seating Plzeň opened its plant in this location in 2013 and earlier this year, and the automotive supplier agreed on an expansion within the existing location. The new premises will be used for manufacturing automotive seating for BMW, Opel, Volkswagen and other brands. The site can also offer space for another expansion.

CTP welcomes Serbia’s leading electronics retailer, Tehnomanija, to Serbia’s largest industrial park, CTPark Belgrade North. The company has leased a newly built, 20,000 sq, logistics warehouse to support the large-scale expansion of its e-commerce activities.

GRP Sp. z o.o., the owner of Morski Park Handlowy, has expanded its relationship with Cushman & Wakefield, which will represent the owner in leasing office space in the complex.

Rockwell Automation, a global manufacturer and supplier of industrial automation and IT solutions, has extended its lease of warehouse and office space in Katowice. In the process of negotiating the new contract terms, the company was represented by CBRE, while the owner of the building - Aviva Investors - was advised by experts from JLL.

Panattoni is developing another modern and ecologically sustainable cross-docking terminal for DB Schenker. The 6,000 sqm centre is to be built within the Rzeszów-Dworzysko Science and Technology Park. It will be equipped with a range of solutions to protect the environment as well as intelligent systems to optimise logistic operations. The developer is to hand the centre over in January 2021 and the development has already been accredited as an innovative centre by the Rzeszów Regional Development Agency.

Global logistics company Hellmann Worldwide Logistics is strengthening its position in the Czech Republic. At one of the largest industrial parks in the country, CTPark Bor, the company is expanding its total warehouse space. Besides the existing 20,000 sqm site that Hellmann currently operates, an additional area of almost 12,000 sqm will be added by the end of the year. Hellmann uses the CTPark Bor for worldwide distribution but with a strong focus on the German market.

The cosmetics, food supplements and parapharmaceuticals company Green Net has leased 2,500 sqm in Chitila Logistics Hub, developed by Globalworth and Global Vision. The leasing process was carried out virtually.

The office market in Bucharest continues to grow, with 124,000 of modern office space delivered in the first nine months of the year ​​388,000 sqm more in the pipeline, according to Cushman & Wakefield Echinox. The commercial stock of office buildings in Bucharest reaches about 2.9 million square meters with an additional 150,000 sqm of owner-occupied stock.