Over 650,000 sqm of logistics and industrial space were rented last year in Romania, almost 40% more than in 2019, a Dunwell analysis shows.

CTP is expanding its industrial park north of the Serbian capital, CTPark Belgrade North, following the purchase of a 28,500 sqm warehouse and adjacent land for further development from Austrian-based real estate developer Eyemaxx. As a result, the overall capacity of CTPark Belgrade North now stands at 50,000 sqm, with the landbank enabling to achieve about 115,000 sqm of leaseable space at the location.

In response to growing demand for logistics space on the domestic market, ConvergenCE has prepared a ready-made product in Tárnok, Hungary where the construction of an 8,000 sqm logistics hall can be started immediately.

Arvato Supply Chain Solutions has leased 15,600 sqm at Panattoni Park Poznań IV in Komorniki in Poland. The logistics operator handles the online sales of one of the leading international companies in the fashion segment. Panattoni Park Poznań IV, after the completion of expansion work, now covers almost 87,000 sqm.

Paweł Sapek, Senior Vice President, Regional Head CE & Country Manager of Prologis talked to Property Forum about the state of the warehouse market, the changing expectations and demands of tenants and new challenges for the nearest future. 

CTP announced that it had successfully leased a total of 450,000 sqm in Romania in the 2019–2020 period, including to some of the most important players in key industries such as retail, e-commerce and automotive.

Panattoni is launching its latest large investment in Western Pomerania. Panattoni Park Koszalin with a total area of 65,000 sqm will be built in the Słupsk Special Economic Zone. The construction work on Panattoni’s first multi-tenant park in the city is to start next year.

Consolidating its position in the Polish logistics market, Accolade Group has added new projects with a future area of almost 250,000 sqm to expand its locations. The size of its portfolio has reached 1 million sqm, partly thanks to one of the largest financial transactions in the industrial real estate segment in Poland. The total value of the Polish portfolio has reached almost €700 million.

Aareal Bank has arranged and underwritten the refinancing of two logistics and industrial parks in premium locations in the Czech Republic on behalf of CTP. Aareal Bank acted as Mandated Lead Arranger, Sole Lender as well as Facility and Security Agent. The facility comprises a total commitment of approximately € 403.5 million with a loan term of 10 years.

The Ostrava City Council has approved the plan to build Panattoni Park Ostrava Airport near Leoš Janáček Ostrava Airport. The project aims to attract both leading domestic and global companies. It promises investments totalling around CZK 4 billion and up to 2,000 new jobs for the whole region. Panattoni, as the developer, will use the large existing industrial zone with high-quality transport infrastructure. The industrial premises with an area of 115,000 sqm will have minimal environmental impact. Construction should begin during 2022.