ARTICLES LABELLED WITH TAG logistics

Cushman & Wakefield has released a report summarizing the first quarter of 2022 on the Polish industrial market. According to its data, total warehouse take-up in the first three months of this year reached 1.56 million sqm while the development pipeline hit a record 4.8 million sqm.

The pan-European developer, which entered the Hungarian market a relatively short time ago, sees a lot of opportunities in the countryside to build logistics centres for different end-users. Property Forum asked László Kemenes, Managing Director of the Hungarian branch about the company's plan for expansion and tackling the current general difficulties in the property industry.

LOCONI Intermodal S.A. has leased almost 2,000 sqm of office and warehouse space and nearly 80,000 sqm of space for transport on the premises of the railway cargo terminal within an OKAM project located at Jagiellońska Street, in the Warsaw district of Żerań. Walter Herz, the leading agent for the commercialisation of the project, represented the owner in the lease process.

Seldom does a “one size fit all” approach work in ESG, says Adam Targowski MRICS, CTP’s recently appointed Group Head of ESG. He talked to Property Forum in detail about the meaning of these three magic letters for him and the company.

pbb Deutsche Pfandbriefbank has provided a €118 million credit facility to REICO ČS NEMOVITOSTNÍ, the biggest open-ended real estate fund on the Czech market, managed by REICO, an investment company of Česká spořitelna. The facility will be used to fund the acquisition of two newly built logistic properties in Upper Silesia as well as for the refinancing of an office building in Warsaw.

GLP, a leading investor and developer of logistics warehouses and distribution parks, has signed a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse at Sziget Logistics Centre, Hungary. Construction is already in progress, and the building is due to be finalized in Q3 2022.

A new logistics park will be built in Ziar nad Hronom in central Slovakia by autumn 2023. The developer Contera will construct it here for € 22 million. The first big tenant is already assured too, it will be the electronics wholesaler Fast Plus, writes logistikadnes.sk. 

Panattoni is planning to deliver a complex of almost 70,000 sqm just 10 km from the centre of the city. A leading provider of modern logistics services in Poland is its first tenant, leasing around 9,000 sqm.

Cushman & Wakefield’s latest DNA of Real Estate research, covering trends in prime rents and yields across Europe, highlights further strengthening in leasing and investment markets in the first quarter of 2022 as economies fully reopen from the pandemic.

Maersk, one of the global transport and logistics leaders, has joined the group of tenants at 7R Park Łódź East I. The company will use 18,500 sqm of modern logistics and warehouse space with office facilities. Maersk will start its operations at 7R Park Łódź East I in June.