City Park Hostivař in Prague 10 has been acquired by a Western European investment company, represented by BNP Paribas Real Estate. The name of the buyer and the purchase price has not been disclosed.

2020 has been dominated on the commercial real estate market in Poland by the pandemic, whose impact varied from sector to sector though. The pandemic has, however, given rise to or accelerated a number of developments, some of which are likely to stay with us for longer. Real estate advisory firm Savills explores future trends in its preliminary summary of 2020 and its outlook for the next 12 months.

After a year serving as a Non-Executive Director at 7R, Chris Zeuner has been appointed Chief Investment Officer and board member of the company. In his new role, effective from January 1st, he will be responsible for 7R’s further expansion which includes plans to enter new European markets

P3, the long-term owner and developer of warehouse facilities in Europe, expands its portfolio by two urban plots located within the Warsaw agglomeration, on which P3 Warsaw I and P3 Warsaw II parks will be built. Thus, urban logistics is yet another direction of the developer's intensive activities undertaken in Poland.

CTP welcomes Serbia’s leading electronics retailer, Tehnomanija, to Serbia’s largest industrial park, CTPark Belgrade North. The company has leased a newly built, 20,000 sq, logistics warehouse to support the large-scale expansion of its e-commerce activities.

Panattoni is to build a warehouse and production centre for OneDayMore in Poznań. The producer of muesli, porridge and other similar food products and snacks will occupy more than 8,600 sqm in the new urban logistics park in Poznań, where it intends to start a new production line – vegetable-based meat substitutes.

7R has just started building a last mile urban warehouse in Gdynia, expanding its 7R City Flex network. It will be the first logistics facility in Gdynia to be built in the direct vicinity of the port and close to the city center.

Global real estate services firm Cushman & Wakefield has summarized Q3 2020 on the Polish industrial market.

TERG S.A., owner of the Media Expert brand has leased 26,100 sqm in Logicor Stryków logistics park for office and warehousing purposes.  

European Logistics Investment BV (ELI) has acquired two warehouse facilities located in Wrocław. ELI, together with its partner Panattoni, plans to further develop the site in order to deliver City Logistics Wrocław North totalling 45,000 sqm of logistics space.