News CTP completes first warehouse in Hradec Králové

CTP completes first warehouse in Hradec Králové

by Property Forum
There is a new modern industrial & logistic warehouse with 5,000 sqm of space in Hradec Králové which is already leased by the logistic company Geis. The building has been completed by developer CTP as their first warehouse in CTPark Hradec Králové. With the cooperation of the city, the developer has also built a new traffic light-controlled intersection nearby and now also plans to finish a second, larger warehouse in the park in the 2023 spring, the company announced.
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News Prague is an outlier in warehouse costs and rents

Prague is an outlier in warehouse costs and rents

by Property Forum
Warehouse costs increased on average by 8.4% globally and by 6.7% in Europe, with Prague being an outlier, recording an increase of 35.8% in a year due to exceptionally low vacancy. The nationwide vacancy rate fell back to 1.4% in Q2 2022 and this is the lowest level in the market´s history, says Savills in its latest report.
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News GLP leases 22,000 sqm near Budapest to Alza

GLP leases 22,000 sqm near Budapest to Alza

by Property Forum
GLP, a leading investor and developer of logistics warehouses and distribution parks, has signed a long-term lease agreement with online retailer 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.
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News VGP leases 49,000 sqm in Olomouc to Hella Group 

VGP leases 49,000 sqm in Olomouc to Hella Group 

by Property Forum
VGP has gradually leased over 49,000 sqm of warehouse space in its VGP Park Olomouc to Hella Autotechnik Nova. The first contract was signed last November. It has now signed another contract with the concern for space that is still under construction. The transaction was announced today by VGP.
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News Demand for warehouses in the Czech Republic breaks records in 2021

Demand for warehouses in the Czech Republic breaks records in 2021

by Property Forum
Clients interested in new industrial premises in the Czech Republic had very little to choose from last year. Thanks to record demand, which reached a record 2.39 million sqm in gross terms for the whole year, vacancy rates fell to 1.63%, a historic low. The result was also affected by a lower volume of completed industrial properties, mainly due to the impact of anti-pandemic measures. However, this changed at the end of the year when a record 800,000 sqm of industrial space was under construction. The urgent need to meet tenants' enormous demand is also evidenced by the fact that the share of speculative development has once again increased after a longer period of inactivity, 108 Agency reported today.
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News Panattoni leased  3.2 million sqm in Poland in 2021

Panattoni leased 3.2 million sqm in Poland in 2021

by Property Forum
Panattoni revealed that in 2021 there was a huge increase in the space it leased on the Polish market. Over the year, the developer signed approx. 300 lease agreements for more than 3.2 million sqm of space – 1 million sqm more than the previous year. Panattoni’s facilities were chosen by such companies as Zalando, LPP, Media Expert, Carrefour, DHL, DB Schenker, InPost, Solaris and Action. In total, the developer completed 1.85 million sqm of BREEAM certified space last year, while another 2.8 million sqm is under construction.
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Latest news

New leases

  • Catering products supplier Bidfood Farutex has become the first tenant of DC4 building at Prologis Park Wrocław III, having leased 9,795 sqm. Farutex will move into its new space in August 2023.
  • Warsaw's Renova shopping mall, located in Targówek and owned by Napollo, has just opened the first outlet of the Mother Earth brand in Warsaw. The outlet will be located on the ground floor of the mall.
  • Gdańsk's Galeria Zaspa has gained a new tenant. Clothing brand Sinsay has taken nearly 600 sqm of space in the facility.

New appointments

  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.
  • Magda Twarowska joins Logicenters Poland, the logistics arm of NREP, as Head of Commercial. She will be responsible for managing tenant relations and leasing activities, covering the standing assets and projects held by NREP NSF IV portfolio company, BIK S.A.


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