ARTICLES LABELLED WITH TAG industrial

Construction is underway for 7R's inaugural Green Saver product in Kąty Wrocławskie, Poland, aimed at reducing both CO2 emissions and operating costs. 7R Park Wrocław West II has just secured a total of PLN 87 million (€20.3 million) in financing from Bank Pekao S.A.

Industrial demand has shifted from logistics service providers to manufacturing companies. CBRE is reporting a year-on-year increase of 22 percentage points to a 53% share of total demand in the Czech Republic.

IAD's Prvý realitný fond real estate fund has acquired through its real estate company Logis Rugvica d.o.o. a plot of land intended for development in the Sveta Helena area, near the Croatian capital Zagreb. With this project, Prvý realitný fond is successfully starting its activities on the Croatian market.

CTP has expanded the Polish capital’s warehouse market by more than 67,000 sqm through the delivery of two new buildings at CTPark Warsaw South. This completion means the industrial and logistics complex in Mszczonów, near Warsaw, is now almost 90 per cent complete.

The development pipeline of logistics centres is still powerful around Budapest but some of the players seek other opportunities near regional industrial cities. However, landlords need to adapt to market changes while adjusting their rental conditions. Property Forum asked Gábor Halász-Csatári, Head of Industrial & Logistics Agency at Cushman & Wakefield about the latest trends in meeting demands and the pivotal role of fulfilment services in Hungary.

The newest, and first in Central and Eastern Europe, factory is being built in Świdnik by the Trilux Group, a global lighting supplier. The 23,000-square-meter plant, which meets BREEAM certification criteria, will be built by Panattoni. 

CTP has completed a 10.5-year lease for 11,800 sqm at CTPark Zabrze in Poland to Electro Cable Group. This is the first investment in Poland by Electro Cable Group, which is the largest Ukrainian producer and exporter of power, control, and data cables.

The retail sector accounted for 58% of the total investment transaction volume that reached €500 million during 2023 in Romania, according to data from iO Partners in collaboration with JLL.

Industrial developer CTP has sold €750 million worth of green bonds with a 6-year maturity and a fixed coupon of 4.75%. The offering was oversubscribed 5.5 times and recorded a total order book of more than €4.1 billion at its peak.

P3 Logistic Parks recorded in Romania industrial lease deals with a combined surface of more than 170,000 sqm during 2023 in P3 Bucharest A1 industrial park, with occupancy rates driven by retail and logistics companies.