ARTICLES LABELLED WITH TAG warehouse

Any uncertainly around the future of Europe’s economy this year has so far failed to dampen demand for logistics space, with take up in H1 already 12% ahead of last year’s record. According to Savills, this is mainly due to the uplift in take-up of space in the Germany (4,61 milion sqm) and UK (3,93 milion sqm), while Poland (3,83 milion sqm) stands third among analysed countries.

Four companies - Westwing, PF Logo Express, CEVA Logistics, and British American Tobacco - have decided to extend leases in the P3 Poznań logistics park. The combined area of these leases is 94,400 sqm.

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.

At the beginning of October, Michał Białas will take the position of Head of Business Development at 7R warehouse developer. The new head of business development in the company has many years of experience in the real estate sector, specializing in structuring, financing and transaction execution. At 7R, he will be responsible for the development of the real estate portfolio and tenants, as well as the implementation of the company's development strategy in key markets.

The Polish logistics operator has signed leases for approximately 20,500 sqm of additional space in MLP Pruszków II and MLP Łódź, two logistics parks in the MLP Group’s portfolio. Following the handover of the new facilities, Uniq Logistic will occupy a total area of close to 44,000 sqm. The tenant was advised on both transactions by real estate agency AXI IMMO.

Generali Real Estate has completed the acquisition of MDC2 Park Kraków South, a logistics development project in Poland, located in Skawina, Kraków area, on behalf of the pan-European Generali Real Estate Logistics Fund managed by Generali Real Estate S.p.A Società di gestione del risparmio. The development will be carried out in collaboration with MDC2, a warehouse and logistics space developer operating on the Polish market. The price has not been disclosed.

This month, the new printing and logistics facility of midocean was officially opened. The company took up 40,500 sqm at Panattoni Park Ruda Śląska III, from where it will serve customers in almost all of Europe.

Groundworks have started at this new business park in the southern part of the Hungarian capital. The first phase is scheduled to be open in June 2023. 

GLP announces the lease of a 40,000 sqm facility at GLP Wroclaw V Logistics Centre to SHEIN, a global e-commerce company. The new facility will open by the end of the year and serve as its Central and Eastern European distribution hub.

Panattoni has sold a BTS facility developed in Stargard, Northwestern Poland that will be used by TEDi. The 87,000 sqm building was purchased for €53 million by a German investor, based in Dortmund.