ARTICLES LABELLED WITH TAG logistics

Prologis has added another 14,000 sqm of warehouse and office buildings to its newest logistics park, Prologis Park Budapest – Sziget II. 

Poland, which is the fifth largest warehousing market in the EU, has the opportunity to take over a significant share of the investment and production and logistics processes moving from Asia.

Despite the dwindling economy in Europe, the logistics market in CEE countries has still a bright future ahead, claimed the participants of the logistics panel at CEE Property Forum 2022 in Vienna.

GLP announced that its GLP Warsaw III Logistics centre in Kobyłka is now fully leased, only four months into operation.

Macquarie Capital Principal Finance (Macquarie) has provided €123.4 million in the form of a senior secured loan to DL Invest Group. The three-year facility will be funded using capital from Macquarie’s balance sheet. 

Any uncertainly around the future of Europe’s economy this year has so far failed to dampen demand for logistics space, with take up in H1 already 12% ahead of last year’s record. According to Savills, this is mainly due to the uplift in take-up of space in the Germany (4,61 milion sqm) and UK (3,93 milion sqm), while Poland (3,83 milion sqm) stands third among analysed countries.

Four companies - Westwing, PF Logo Express, CEVA Logistics, and British American Tobacco - have decided to extend leases in the P3 Poznań logistics park. The combined area of these leases is 94,400 sqm.

Panattoni has just completed its logistics centre in Kojetín and handed it over to multinational e-commerce company Amazon for use. It is the first fully-fledged multi-storey distribution centre in the Czech Republic and is currently the most modern logistics hall in the country thanks to its equipment and environmentally friendly approach as well as its high energy self-sufficiency. The value of the building is more than CZK 5 billion (over € 202 million). The project was financed by Accolade.

The green logistics complex VisionPark in Bratislava received the permit for construction at the end of August. The permit is for three halls with 16,000 sqm area. The developer of the new logistics park based on sustainable principles is DOAS and the leasing agent is 108 Agency Slovakia.

There is a new modern industrial & logistic warehouse with 5,000 sqm of space in Hradec Králové which is already leased by the logistic company Geis. The building has been completed by developer CTP as their first warehouse in CTPark Hradec Králové. With the cooperation of the city, the developer has also built a new traffic light-controlled intersection nearby and now also plans to finish a second, larger warehouse in the park in the 2023 spring, the company announced.