ARTICLES LABELLED WITH TAG logistics

Industrial developer CTP has achieved its full allocation of €4.25 billion in green bonds to support its portfolio of sustainable business parks. The funding was raised from eight green bond issuances from October 2020 to January 2022.

pbb Deutsche Pfandbriefbank has provided a €113 million investment loan facility to CTP, which will be drawn down in phases. CTP will utilise the proceeds for the refinancing of a logistics portfolio in the Czech Republic. pbb acted as arranger and sole lender under the facility.

CEE's modern industrial and warehouse space exceeded 59 million sqm in H1 2023. In twelve months, over 7,6 million sqm was completed, expanding the market by 16%, and currently, an additional 5 million sqm is under construction. With a 19% share of the total size, the Czech Republic is the second largest market in the region, the first is Poland with 52%. The demand is decreasing, but the nearshoring trend presents new opportunities. Cushman & Wakefield presents its latest findings. 

Polish warehouse developer 7R is implementing a decarbonization plan. This plan aims to reduce the company's carbon footprint by 42% by 2030 and systematically decarbonize individual warehouse projects. At the same time, 7R is joining SBTi and publishing another ESG report.

M Core is continuing its strategy of developing SBU (Small Business Unit) warehouses under its Multipark brand. The company has recently signed two projects in Poland, in Zabrze and Bydgoszcz. 

Savills Investment Management has signed two lease agreements at Park Szczecin Trzebusz totalling almost 30,000 sqm. The new tenant of the warehouse centre in Szczecin is Autodoc Logistics. Furthermore, one of the current tenants, Hegen Europe, has decided to expand its space as part of the logistics park within the Savills IM portfolio in Poland.

Dm-drogerie markt has signed an agreement to lease new warehouse space in Prologis Park Prague-D1 Ostředek. The new dm distribution centre will cover an area of 21,000 sqm and will also include offices. 

Industrial parks should become a powerful driver of the economy and a driving force for the development of the Ukrainian industry and its inclusion in the European system. The state has created the prerequisites for this: in addition to tax incentives, the draft budget for 2024 provides UAH 1 billion (€26 million) for a program to support industrial parks. Iryna Nastych summarised the situation in an article prepared by the Ukrainian Real Estate Club for Property Forum. She analysed how the segment of industrial parks has received a boost in development despite the war, what is the synergy between the state, business and local communities, and what prevents more active development of this area.

A new city area CTZone is under construction in Ostrava, which will be the centre of business opportunities and residential housing. Behind the ambitious project is CTP, which is simultaneously developing several other activities in the Ostrava region. 

GLP has started construction of a new warehouse in Niepołomice near Kraków. The sole tenant of GLP Kraków III Logistics Centre will be MCG EastBridge, a new brand from the Maszoński Logistic portfolio, marking the largest lease transaction in terms of square footage on the Polish warehouse market in H1 2023.