News - Panattoni builds for DHL Express at Brno’s airport
27
Nov
2019

Panattoni builds for DHL Express at Brno’s airport

by Property Forum
DHL Express has leased a modern hall with a total area of 3 700 sqm at Brno’s airport. The construction, which should be completed in Q1 2020, will be carried out by Panattoni Europe.
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News - Prologis signs 160,000 sqm lease agreement in Poland
25
Nov
2019

Prologis signs 160,000 sqm lease agreement in Poland

by Property Forum
Prologis has signed one of the largest leasing transactions in Europe this year. Long-term partner EURO-net will lease 160,000 square meters at Prologis Park Janki.
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News - CTP builds new factory in Novi Sad
20
Nov
2019

CTP builds new factory in Novi Sad

by Property Forum
CTP is building a new turbine factory for BMTS at CTPark Novi Sad which will be handed over in April 2020. A considerable part of the facility will be equipped with all the necessary features for R&D activities.
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News - Romania’s industrial market could feel major effects from a hard Brexit
20
Nov
2019

Romania’s industrial market could feel major effects from a hard Brexit

by Property Forum
The UK is the 5th or 6th biggest export destination for both Romania and the country’s major trading partners – Germany, Italy and France. Thus, a negative Brexit scenario would have significant second-round effects via Romania’s other trading partners which do a significant amount of business with the UK. According to Colliers International’s estimates, the stock of modern industrial space is still expected to grow considerably in the next three years (by 2023).
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News - Polish industrial market on course for further growth
20
Nov
2019

Polish industrial market on course for further growth

by Property Forum
The Polish industrial market remains in very good health, with warehouse supply hitting a record high and robust occupier demand. Cushman & Wakefield summarised the third quarter of 2019 on the industrial market in Poland in its latest report.
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News - Polish industrial market on its way to 18 million sqm
18
Nov
2019

Polish industrial market on its way to 18 million sqm

by Property Forum
2.5 million sqm was leased in the first three quarters of 2019 and by the end of the year, demand will most likely exceed 3 million sqm. 2019 has seen developers deliver two million sqm to market, with a total stock now stands at almost 18 million sqm. JLL summarised the situation on Poland's industrial market at the end of Q3 2019.
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News - CTP plans new speculative developments in Hungary
18
Nov
2019

CTP plans new speculative developments in Hungary

by Property Forum
CTP has significantly expanded its portfolio both across the region and in Hungary in recent years. In response to brisk local demand, the company plans to prepare speculative developments of premium industrial space totalling 150,000 sqm in the Hungarian market in 2020. These projects will affect nearly all the industrial parks of local CTP.
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News - Panattoni builds an additional 53,000 sqm in Lublin
13
Nov
2019

Panattoni builds an additional 53,000 sqm in Lublin

by Property Forum
Panattoni continues its investments in Lublin. The planned Panattoni Park Lublin III will consist of four Class A warehouse halls totalling 53,110 sqm. Construction works began last October and the first tenants include well-known logistics operators. They have taken up 12,000 sqm in total.
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News - Colliers to manage Element Industrial’s Bucharest park
13
Nov
2019

Colliers to manage Element Industrial’s Bucharest park

by Property Forum
Colliers International Romania has been assigned to offer property management services for the first phase of the industrial park ELI Park 1, with a total area of 20,000 sqm. This is the first project built by Element Industrial, a Romanian developer of industrial and logistics spaces, and the fourth logistics park managed by Colliers. Thus, the total industrial portfolio managed by Colliers in Bucharest and in the big regional cities reaches 130,000 sqm, out of a total of over 500,000 sqm that includes office buildings as well.
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News - CTP launches new product in Romania
13
Nov
2019

CTP launches new product in Romania

by Property Forum
CTP has launched a new product on the Romanian market - Premium Business Units. These multifunctional units combine office, production, storage and showroom space into one. With areas between 1,000 and 3,000 square meters, they address the needs of those companies that want to optimize their flows and grow their businesses. Adapted to meet the needs of each company, these are premium facilities to modern standards and are aimed at entrepreneurs who are currently in outdated or improper buildings and want to optimize and improve their image and results.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.

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