ARTICLES LABELLED WITH TAG industrial

German developer Garbe Industrial Real Estate has set up a new company in Romania. Under the leadership of CEE Managing Director Martin Polák and Country Head Andrei Jerca, GARBE Industrial Real Estate Romania will expand its activities in this market and implement its own property developments. 

CTP has signed a lease with Czech company BOUKAL for almost 3,500 sqm of modern space at CTPark Chomutov in the Czech Republic, with plans to create dozens of new jobs and strengthen the regional economy.  

Czech property consultancy 108 Real Estate has announced the opening of a new office in Zagreb covering Slovenia, Serbia and Croatia as part of its expansion in the Balkans.

Industrial developer CTP recorded a rental income of €488.4 million in the first nine months of the year, up 15.9% y/y, while the annualized rental income amounted to €702 million, with occupancy rate at 93%. 

Industrial developer Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, located near Bucharest. 

GARBE Industrial Real Estate CEE has received a building permit for two industrial premises in Pohořelice, 30 km south of Brno. The construction of the two halls is starting almost immediately and to be available for the tenants within eight months.

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development in Lower Silesia is to be Toyota Boshoku Poland.

The modern, developer-led warehouse stock in the Czech Republic reached almost 12.2 million sqm in the third quarter of 2024. Approximately 163,500 sqm were delivered to the market within 9 industrial parks across the country. This represents an 11% decrease compared to the same period last year and an increase of 64% quarter-on-quarter, reports Industrial Research Forum in its Industrial Market Figures for Q3 2024.

Total demand for industrial spaces in Hungary fell 11.5% to 483,000 sqm in the first three quarters versus the same period of last year. Net take-up, meanwhile, was up 3% to 384,980 sqm in the same interval, according to the Budapest Research Forum (BRF).

Lion’s Head Investments has purchased three logistic parks from BPD in Sofia, Varna and Ruse for €71.4 million, in one of the biggest deals closed on the Bulgarian market in recent years.