ARTICLES LABELLED WITH TAG logistics

Panattoni has sold its fully-leased Silesia East logistics park near Katowice in the south of Poland, to Palmira Polska Sp. z.o.o, the Polish subsidiary of Frankfurt-headquartered investor and asset manager Palmira Capital Partners. The 32,000 sqm Grade A complex is part of a major logistics hub around Katowice, the capital of the Silesia region, which borders the Czech Republic and Slovakia and lies at the heart of the industrial and manufacturing centre of Central and Eastern Europe. The parties agreed not to disclose the value of the transaction.

Panattoni proceeds with another development for Flex, a global supplier of equipment and technology. The lease agreement covered a total of 28,000 sqm at Panattoni Park Łódź A1, where the company will occupy both warehouse and office space. 

Logport Development and Invesco Real Estate have teamed up and, via a forward funding structure, committed to developing a 37,900 sqm Grade A last-mile logistics facility, Logport Prague West, strategically located adjacent to the Prague ring road. The transaction was mediated by Cushman & Wakefield. Logport Prague West, where construction started in September 2022, has already attracted the first tenants to move in during the summer of 2023. The entire commercial zone is scheduled for completion in Q1 2024.

How will the current macroeconomic situation affect investment activity and further development within individual sectors, from offices to industrial and logistics complexes to retail real estate? All this is shown in CBRE's latest analysis of the Czech commercial real estate market, which also provides an updated outlook for 2023.

Logistics company Uniq Logistic is moving into the Reino IO Łódź warehouse on Ofiar Terroryzmu Avenue in Widzew. The tenant will occupy more than 12,000 sqm of warehouse space. Uniq Logistic was represented in the negotiation process by Axi Immo.

Panattoni will deliver 21,000 sqm to Trivium Packaging, a global manufacturer of metal packaging, as early as 2023. It will be the biggest completed development for a single customer in the developer's Kraków portfolio. 

Warsaw II is a complex of buildings that the company is acquiring as part of the implementation of the Logistics Network Architecture strategic project. The halls will be ready at the end of 2023. Panattoni will deliver the facility.

JLL Romania advised Euroest Car, a company specialising in the import and distribution of original car parts, in leasing 9,500 sqm in CTPark Bucharest Chitila, a Class A industrial park owned by CTP Romania in the northwest of Bucharest.

According to a report prepared by Newmark Polska, at the end of the third quarter, Poland’s total warehouse and industrial stock reached almost 27.4 million sqm, representing a 19.3% increase year-on-year. New supply in the year to date exceeded 3.58 million sqm, up by 15.6% compared to 2021’s total.

The First Real Estate Fund of IAD Investments (Prvý realitný fond) enlarged its Slovak part of the portfolio with a logistics hall with an administrative building in the Pharos location near Bratislava Airport.