VGP and Allianz Real Estate, acting on behalf of several Allianz Group companies, announced a successful eighth closing with its 50:50 joint venture, VGP European Logistics. The transaction comprised of four logistic buildings, including two buildings in a new VGP park and another two newly completed logistic buildings which were developed in parks previously transferred to the Joint Venture. The four buildings are located in Germany (three) and in the Czech Republic (one).

Panattoni is launching Wrocław Campus 39, its largest project in Lower Silesia. The developer has already leased almost 85,000 sqm of the park to two tenants – 78,000 sqm of which will be used for e-commerce. Currently, 160,000 sqm is under construction, half of which will be ready in September this year. Campus Wrocław 39 will eventually offer 200,000 sqm and is to be BREEAM ‘Excellent’ certified.

MSL Logistics, a supplier of pharmaceuticals’ logistics services, has expanded its leased space within CTPark Chitila by 6,660 sqm. 

In the last week of June, CTP will join the group of 25 Dutch companies included in the AScX index, which is derived from Amsterdam’s Small Cap Index. This will further increase the company’s investor visibility.

The industrial and logistics market is booming across the region with e-commerce and logistic companies being the main drivers of growth from the tenant side. Laurent Jechoux, Business Director at Czech industrial developer Contera talked to Property Forum about current projects, market trends and the company’s entry into the office market.

Logicor, owner and operator of logistics real estate in Europe, announced the launch of a new office in Prague, Czech Republic. The office has been operational since 1 May 2021.

Panattoni is to increase the supply of warehouse space in Bielsko-Biała, an industrial area bordering Silesia and Małopolska. The developer has started construction work on another park in the region - Panattoni Park Bielsko Biała IV. Three buildings with a combined area of 96,000 sqm are under construction, all of which are to be completed this year. The entire project is being developed in line with the Go Earthwise with Panattoni policy for sustainable development, which means that the project is to be certified under BREEAM for a rating of ‘Very Good’. The company’s three other parks in the region have now been fully leased out.

According to Cresa Poland analysts, modern class A warehouses are now far more superior than out-of-town facilities built 10-15 years ago. They provide top-grade space in terms of location, accessibility and warehousing solutions.

Futureal’s HelloParks continues its development in the western agglomeration of the Hungarian capital, next to the M1 motorway, in Páty. This is the largest project in the history of the company and will complement HelloParks Fót in the North and HelloParks Maglód in the East, next to the airport. The total pipeline of Futureal Group’s industrial and logistics property development company, HelloParks, has now reached 900,000 sqm of GLA around Budapest.

VGP has signed two lease agreements with OKAY, the Czech electronics and furniture retailer. The company has leased more than 50,000 sqm of warehouse space in VGP parks Vyškov and Prostějov. The new hall in Vyškov is already under construction and will be handed over in September this year, at which point the park will reach 100% occupancy. The building in Prostějov will be ready for use from January 2022. Both projects are being carried out under BREEAM Sustainable certification, level Very Good.