ARTICLES LABELLED WITH TAG logistics

Polish fashion producer LPP has leased 42,000 sqm in CTPark Bucharest West, which takes the total occupied area in the project to 131,000 sqm. 

Panattoni has launched construction work on Panattoni Park Poznań XIV in Głuchów, a new logistics hub in the Wielkopolska region. Gasa Group and Markat Plus are confirmed as the park's first tenants, with construction set for completion in February 2025.

At the recent Expo Real, leaders from the Society of Industrial and Office Realtors (SIOR) shared insights into emerging trends in the commercial real estate market, highlighting shifts in market sentiment, key industry trends, and the organization’s strategic membership growth across Europe. In a discussion with Property Forum, Robert Thornburgh, CEO of SIOR, Iain Finnegan, European Region Chapter President and founder of Finnegan Menton, and Matthew Leguen de Lacroix, Head of Business Development for SIOR in EMEA, discussed the evolving industrial and office investment landscape.

In a recent conversation with Property Forum at Expo Real, Karel Stránský, CTP’s newly appointed Group Business Development Director, shared his vision for advancing CTP’s growth in high-potential regions and expanding its solutions across markets. Joining CTP after a long career serving industrial tenants, Stránský discussed his immediate goals and what trends are set to reshape the logistics and warehousing industry by 2025.

Industrial developer CTP has handed over a new 100,000 sqm logistics centre in Hungary to British retailer Tesco.

Panattoni will begin construction of a new park in the Silesian Voivodeship in December – Panattoni Park Sosnowiec V. The project will ultimately include two buildings with a total area of over 52,000 sqm. The first tenant is Hebe, for whom a build-to-suit distribution centre will be developed as part of the facility. 

P3 Logistic Parks has begun construction of a new warehouse with a total area of nearly 27,000 sqm at P3 Poznan Park for ochama, the European omni-channel retail brand of JD.com.

The Polish industrial and logistics market demonstrated resilience in the first three quarters of 2024. During this period, 2.1 million sqm of new warehouse space was delivered, expanding the sector’s total stock to nearly 34 million sqm (+9% Y/Y). Currently, 1.9 million sqm are under construction (-22% Y/Y), marking the second-lowest development activity since early 2018. Despite challenges, leasing activity remained stable at 3.8 million sqm, with a vacancy rate of 8.0% (+30 bps Y/Y) at the end of September 2024, says Axi Immo. 

According to the latest report from Cushman & Wakefield, Poland recorded the second-highest industrial take-up in Europe between January and September 2024. Looking ahead, robust demand, coupled with a decline in speculative construction, is likely to tighten the availability of warehouse space for lease.

Panattoni has been granted a €75 mln loan by Citibank (London Branch). The funds are to finance Panattoni Park Sulechów III.