CTP has started the construction of its new 46,600 sqm industrial and logistics park in Toruń, Poland. On a plot of more than 14 hectares, adjacent to key traffic arteries, the developer will build two facilities with a total area of more than 46,600 sqm. CTPark Toruń will be an urban warehouse with flexible lease modules for small businesses - known as CTBox and CTFlex. The first phase of the development is scheduled for completion in the last quarter of 2025.

Panattoni has fully commercialised another development – Panattoni Park Toruń. Stork, a company that provides logistics for clients from the food industry, has leased over 11,000 sqm and is to serve the Eastern European market from the centre. 

NEPI Rockcastle has entered into an agreement to acquire 100% of the shares in Atrium Copernicus, the entity that owns Atrium Copernicus Shopping Center in Toruń, Poland, from Atrium Retail Ltd. 

Centerscape Investments has closed the acquisition of a retail park portfolio from Hunter REIM. Avison Young represented the seller in the transaction.

Three new tenants have leased space in Panattoni Park Toruń II: global logistics operators Dachser and Hellmann Worldwide Logistics Polska as well as a wholesale distributor of FMCG products. The companies will be moving into the complex in Q3 this year. Panattoni has now delivered more than 300,000 sqm in the region.

Panattoni Europe expands its portfolio in the Kuyavia-Pomerania region. The cornerstone has been laid under Panattoni Park Toruń II with planned space of 57,500 sqm. The two-building complex is being built in the north-eastern part of Toruń and has already secured its first tenant – a logistics operator, set to take up 5,000 sqm. Stage one of the investment process – a hall featuring close to 16,500 sqm – will be completed by next March.

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.

A Plaza Centers subsidiary has signed a non-binding letter of intent with an unnamed investment fund regarding the sale of the Torun Plaza shopping and entertainment centre in Poland. The LOI binds the purchaser to a strict timeline for undertaking a comprehensive due diligence process which would result in the transaction being completed by the middle of September 2017.