ARTICLES LABELLED WITH TAG logistics

Transactions in the logistics sector have been dominating the Prague market this year. In the first half of 2018 alone, the take-up was 24% higher than in the full year 2017, precisely 226,600 sqm. During the same period, the overall gross take-up reached in Prague 408,000 sqm, showing an increase of 56 %. Besides the logistics sector, more than 90,000 sqm was taken by production and 76,000 sqm by distribution. The biggest new deal in Prague in the logistics sector was done by cargo-partner ČR, which signed a lease agreement for 12,450 sqm located in a stand-alone industrial building in the Logicor Prague Airport logistic park. The company will start operating from the new premises at the beginning of 2019. Cushman & Wakefield facilitated the lease of the premises.

Logistics company PartnersPol Group ordered 22,200 square meters of modern warehouse space in MLP Teresin. The delivery of the finished facility to PartnersPol Group is planned for January 2019. AXI IMMO acted as an intermediary in this transaction.

Belgian industrial and logistics developer WDP has acquired the CTPark Cluj I logistic park from CTP. The park, which was delivered last year, is leased by retailer Profi.

Dunwel has brokered a 20,000 sqm transaction between Ursus Breweries and WDP in Buzău, Eastern Romania.

LiNK Hradec Králové, the first of a number of planned industrial and logistics projects by LinkCity Czech Republic and Cromwell Property Group, has been completed.

The company managing a food supermarket chain has leased additional 11,300 sqm, doubling the warehouse space used in MLP Lublin. The additional space is slated for delivery at the end of April 2019.

Belgian logistics property developer Warehouses de Pauw (WDP) plans to invest €75 million in four properties on three different sites in Romania by the end of 2019.

Prologis has completed the sale of a high-quality portfolio of buildings and land in Europe and the United States to a Singapour-based Mapletree for $1.1 billion.

What is the size of the e-commerce marketplace in the CEE region? How much more might online sales activity grow in the coming years? What are the implications for the demand for the logistics and retail real estate arenas in the CEE-6 countries? The latest research by Colliers International assesses these key questions that will shape the marketplace for real estate space in these sectors going forward. 

Prologis celebrated the topping out of the first facility at its new Prologis Park Łódź. The roof progress means construction of the 16,500 square meter building is on track for completion in early 2019. The park has the development potential for three facilities totalling 93,000 square meters.