ARTICLES LABELLED WITH TAG logistics

P3 will add a hostel and retail space to its existing P3 Bucharest Park development, located on the A1 motorway, creating the first mixed-use project on the Romanian market.

Prologis has begun construction of two build-to-suit (BTS) facilities totalling 40,000 square meters in Prologis Park Wrocław IV.

Panattoni Europe is building 90,000 sqm of space across three parks the outskirts of Poznań – in Jaryszki (Panattoni Park Poznań VII), Komorniki (Panattoni Park Poznań IV), and Swadzim (Panattoni Park Poznań IX), with 200,000 sqm more planned. The developer is also investing in Cuiavia-Pomerania. Construction works at Panattoni Park Toruń II with more than 62,500 sqm are about to start in the coming July. The distribution centre will be put into operation as soon as Q1 2020.

Hines, on behalf of Korean investors represented by IGIS Asset Management, has completed the acquisition of the Zalando Lounge distribution centre in Ameryka near Olsztynek. Hines will be the asset and property manager, providing a comprehensive service for IGIS and investors represented by IGIS.

SEGRO, acting on behalf of SELP, has completed the purchase of 7R Park Wrocław in Biskupice, a warehouse project located in one of the key logistics hubs in Poland. With this acquisition, SEGRO doubles its portfolio in the Lower Silesia region.  

Developments in Serbia, the newest country in the CTPark Network, are fully underway. CTP is developing Class A properties around the capital Belgrade and other regional cities to respond to the growing demand in this new CEE business hotspot.

Hines has advised Mirae Asset Global Investments, a Seoul-based investment manager that offers comprehensive investment services, on acquiring two logistics centres near Wrocław and Konin, with the total area of 163,135 square meters. MAGI acquired them from Blackstone by purchasing shares in special purpose vehicles which owned the investment and appointed Hines as the local asset manager of the portfolio throughout the investment horizon.

Panattoni Europe has laid the cornerstone for the largest logistics centre of Carrefour Poland in the country. It is going to be a BTS facility featuring in excess of 63,600 sqm. The project will be delivered in Central Poland in Rawa Mazowiecka. Completion of construction works is anticipated towards the end of 2019.

During Q1 2019, some 168,300 sqm of warehouse space was completed on the Czech industrial market. In year on year comparison, this was a 20% decrease, but in longer term comparison, the completions level was 25% above 5-year average, according to Colliers International.

Dedeman Group and Element Industrial announce entering into a partnership to jointly invest in the development of Eli Park 1 logistic and industrial project, located in Chitila-Buftea area, which is transforming in a new proximity logistic hub for Bucharest.