Macquarie Asset Management has acquired the final asset in a €190 million logistics real estate portfolio in Poland on behalf of Bayerische Versorgungskammer (BVK), Germany’s largest pension fund.

European Logistics Investment (ELI) has begun construction of its newest warehouse scheme located in Tychy – one of the main logistics areas in the Silesia region in Poland. The project has been awarded the BREEAM certificate at the Excellent level. Park Tychy, developed together with its partner Panattoni, will feature two building complex with 100,000 sqm of logistics space. The first building has already been 100% pre let.

Some companies are choosing to relocate production plants from Asia to Poland to diversify business activity and shorten supply chains. On the other hand, western firms are setting up factories in Poland to bring operating costs down and take advantage of a range of benefits with which individual regions want to attract investors, say experts from Cresa Poland.

Real estate developer Element Group has announced the acquisition of a new land plot of 2.7 hectares, close to A1 highway, at the entrance of Pitești city, in southern Romania. 

Property Forum’s upcoming online event will focus on Romania's dynamically growing industrial and logistics market. Leading landlords, tenants and advisors will come together to discuss the potential of the local market from an international perspective. They will touch up on all the key trends driving the market right now, including e-commerce, city logistics, sustainability and many more.

M7 Real Estate, on behalf of its M7 CEREF II Fund, acquired two urban logistics schemes from 7R. Avison Young represented the seller as the exclusive agent throughout the transaction.

Global logistics solution provider Mainfreight has started operations on a new distribution hub in Timișoara Industrial Park (II), a project jointly developed by Globalworth and Global Vision. 

Colliers recently secured the largest agent-involved transaction in the history of the Czech industrial market. Senior Associate Lukáš Svobodník brought Sportisimo to Hrušov in Ostrava, where Contera began construction of a logistics complex for the sporting goods retailer. This new distribution centre of the Czech company will offer jobs to 700 people. The 90,000 sqm hall, with a clear height of up to 25 meters, a rare feature in the Czech Republic, is now one of the country’s biggest logistics halls.

Brothers Adrian and Dragoș Pavăl, founders and owners of DIY chain Dedeman, are investing in a new logistics project in Pantelimon, near Bucharest. 

French BIC Group, the maker of stationery, lighters and shavers, is reportedly looking to open a regional distribution centre near Bucharest, according to profit.ro.