ARTICLES LABELLED WITH TAG industrial

French-owned international retailer Auchan Retail is poised to increase its commercial capacity in Hungary with a new, integrated logistics centre at Üllő Airport Logistics Centre near Budapest. The 87,200 sqm, greenfield facility will be the largest of its kind ever built in Hungary and is being developed by Goodman. The new hub will be key to Auchan Retail’s strategy to develop a multi-channel offer for Hungarian customers.

A 20,000 square meter logistic centre was taken over by SEG Automotive's domestic unit, which specializes in the development and production starter motors and generators. The technologically advanced warehouse – featuring indoor GPS-tracking – is the largest interconnected hall in the region.

CTP and DSV, the fifth biggest global transport and logistics companies, signed a leasing agreement for approximately 40,000 sqm in CTPark Bucharest West. CTP invested about €12 million in the development of the new logistics spaces occupied by the Danish company in the first days of February.

Panattoni Europe is expanding Central European Logistics Hub. The new tenant at the developer’s largest distribution centre is the Media Expert chain, which will take up a facility with approx. 73,300 sqm of space. Construction works will start in Q2 of 2018.

In 2017, the Polish industrial market continued to develop at a high level. The intense activity among developers, who delivered over 2.3 million sqm to the market, and among tenants who leased nearly 4.6 million sqm, led to another record for both sides – according to the latest report by Colliers International.

Prologis has signed four lease agreements totalling 62,700 square metres at its parks in Chorzów and Dąbrowa Górnicza, bringing its Silesian portfolio to 98 percent occupied.

This year, CTP will finish the developments began in 2017 in its parks situated near Cluj-Napoca and Timișoara and will continue the development of the logistics park located in the vicinity of Pitești.

The MLP Group has handed over a ready for use, 24,700 square meter warehouse facility to Żabka Polska S.A., located in the MLP Gliwice logistics park.

P3 has a strong pipeline of Romanian projects for 2018, the company announced. P3 plans to open new locations in Bucharest and the western part of the country.

Power Systems giant Rolls-Royce has appointed Cushman & Wakefield to an expanded role supporting its global property requirements following a competitive tender process.