ARTICLES LABELLED WITH TAG industrial

MLP Group, a developer operating on the warehouse property market in Poland, Germany, Austria and Romania, has added a further 10 ha to the land bank of its MLP Poznań West project. The target project area has thus increased to about 150,000 sqm, making it one of the region’s largest logistic sites.

MDC², a warehouse and industrial developer operating on the Polish market, has secured a new development which will accommodate a distribution centre located in Central Poland near Łódź. MDC2 Park Łódź South is strategically located in Głuchów, south of Łódź, at the junction of A1 motorway and the National Roads no. 91 and 12. MDC2 Park Łódź South will add 65,000 sqm of modern/environmentally sustainable logistics space which completion is planned for Q3 2022.

Frontier Park Wrocław is a warehouse park, ultimately covering approx. 9,300 sqm of flexible warehouse and production space with adjacent office parts. Twelve Small Business Units with an area of 300 sqm are currently under construction on a 2-hectare plot in Bielany Wrocławskie.

Romanian developer Element Industrial will invest over €25 million in the development of ELI Park Brăila, a new logistics park that will have a gross leasable area of 50,000 sqm. 

The industrial and logistics market in Romania continues to grow in terms of leasing activity and supply of new projects, with some 800,000 sqm in new stock under development at present.  

Panattoni has completed a factory in Kalisz for Leviat – a global specialist in innovative solutions for the construction sector. The 40,000-square-metre investment replaces the company’s existing plant in the central Poland city. As a result, it will increase its production capacity and will be able expand its activities.

CTP has started the construction of a new warehousing facility for GEIS Global Logistics at CTPark Prešov South. A new 5 500 sqm facility will help GEIS strengthen its position in the Eastern part of the country, with the premises strategically located in the third-largest city of Slovakia.

CTP has recently finalised two strategic acquisitions in Bulgaria as part of its two-year, €300 million expansion plan to further grow its presence in the country.

In addition to manufacturing capabilities and an R&D centre, HELLA, a global manufacturer of lights and electronic components for cars, is now building a state-of-the-art testing laboratory in the Ostrava region. The lab will be located at CTPark Ostrava Hrabová, where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle.

‘Big Box’ mainstream logistics assets continue to display strong fundamentals but with pricing pressures driving down yields and new themes emerging, other industrial sub-sectors now offer alternative opportunities to investors, according to a new report by Savills Investment Management.