ARTICLES LABELLED WITH TAG industrial

Industrial developer VGP has completed a new warehouse spanning 32,768 sqm in its Timișoara-based park, with more than half of its surface already leased by Continental Tires. 

CTP Clubhaus in Bucharest, for which ADP provided sustainability consulting and certification services, has won the BREEAM Award for the most sustainable non-residential building.

Costin Nistor, Managing Director of Fortim Trusted Advisors, spoke with Property Forum about the agency’s goal to achieve at least 20% growth in 2024 after launching new business lines and focusing on segments with development potential in the commercial and residential areas.

Hauser, a refrigeration furniture and technology supplier, has leased new premises in Garbe Park České Budějovice. Development company Garbe is now arranging a permit for customising spaces for the client. 

Hungarian property investor Faedra Group has successfully raised €17 million, with the proceeds set to finance the group's new local logistics-industrial developments in the coming years.

According to the report by Savills and Statista (statista.com), the European AI market is expected to reach €76.5 billion this year, up by 25.9% compared to 2023. The annual growth rate is expected to be 15.9% until 2030. These numbers confirm that artificial intelligence is gaining traction across industrial sectors, and data centres will be no exception. 

The Industrial parks investor Accolade has issued green bonds in the Czech currency. The planned issue of CZK 1.5 billion (€120 million) has been sold out within a week.

Weerts Logistics Park (WLP), which has a Belgian-Hungarian ownership background, has reached the highest point for the first phase of 22,000 sqm of the new logistics project spanning 55,000 sqm that is developed in the neighbourhood of Debrecen, in Ebes.

Romanian developer Transilvania Construcții is recording a 45% increase in the demand for offices within its industrial portfolio in Romania.

Sorin Preda, CEO and Founder of Global Vision, talked to Property Forum about the company’s ongoing industrial developments in Romania, the focus of investments in large cities and the future of development marked by the regional nearshoring trend.