ARTICLES LABELLED WITH TAG logistics

News Budapest’s industrial market records strong demand
27
Oct
2021

Budapest’s industrial market records strong demand

by Property Forum
Total demand on the Budapest industrial demand amounted to 143,530 sqm in Q3 2021, indicating a 19% decrease year-on-year, according to the BRF’s latest industrial market snapshot.
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News Hines Global Income Trust acquires Eastgate Park in Prague
27
Oct
2021

Hines Global Income Trust acquires Eastgate Park in Prague

by Property Forum
Hines Global Income Trust has acquired Eastgate Park. This property is the 17th industrial asset in the Hines Global portfolio and is 99% leased.
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News Arete buys 45,000 sqm land in Plzeň for redevelopment
26
Oct
2021

Arete buys 45,000 sqm land in Plzeň for redevelopment

by Property Forum
Cushman & Wakefield’s sales team managed the sale of approximately 45,000 sqm of land in the area of Borská pole in Plzeň for its client, Precision Castparts Corp. The purchaser, Arete, is aiming to redevelop the area.
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News Patria buys newly-built logistics property in Southern Bohemia
25
Oct
2021

Patria buys newly-built logistics property in Southern Bohemia

by Property Forum
Patria Logistics-Retail Fund, managed by Patria Investment Company, successfully finalised the purchase of the Plana Logistics Park (PLP), located in Plana nad Luznici, Southern Bohemia. PLP is the third property acquired to the Fund and increases the total number of real estate assets owned and controlled by PIC to eight.
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News M7 acquires last-mile logistics asset in Budapest
25
Oct
2021

M7 acquires last-mile logistics asset in Budapest

by Property Forum
M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has fully deployed the capital raised on behalf of M7 CEREF II, its value-add fund targeting logistics and office investments in key Central European markets. The final acquisition is Pallag 43, a modern, last-mile logistics asset in the north of Budapest acquired from a private investor for €9.6 million.
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News Highest achievable industrial rent in Prague might reach €6.00 soon
25
Oct
2021

Highest achievable industrial rent in Prague might reach €6.00 soon

by Property Forum
Prime headline rents have increased slightly to a new level of €5.20 sqm/month in the Czech Republic and €5.50 sqm/month in the Greater Prague region during Q3 2021. The Industrial Research Forum published its fresh industrial market figures.
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News CTP expects accelerated yield compression
19
Oct
2021

CTP expects accelerated yield compression

by Property Forum
Accelerated yield compression is expected for year-end 2021 after Q3 2021 valuations, CTP announced in a portfolio update.
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News CTP buys seven industrial buildings in Romania
18
Oct
2021

CTP buys seven industrial buildings in Romania

by Property Forum
CTP, the industrial and logistics developer, has acquired seven buildings covering 153,000 sqm from Olympian Parks Group for an undisclosed sum. The assets are located in Brașov, Timișoara, and the south of Bucharest, which are some of the cities with the biggest stock of warehouses.   
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News Panattoni gets BTS project in Świebodzin certified
15
Oct
2021

Panattoni gets BTS project in Świebodzin certified

by Property Forum
Panattoni has been awarded a BREEAM rating of ‘Excellent’ for the second time. A recently completed BTS development in Świebodzin with an area of 200,000 sqm has successfully undergone environmental certification. In three categories, the project achieved a rating of 'Outstanding'. Among other things, the developer conducted a thorough life-cycle cost (LCC) analysis that covered a 60-year period and installed 3,873 solar panels as well as an intelligent building management system (BMS) and water-saving systems cutting usage by almost 55%. The building has four levels where 30 million separate goods can be stored and is served by 3,000 transport robots.
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News VGP enters the Budapest market
14
Oct
2021

VGP enters the Budapest market

by Property Forum
VGP enters the Budapest market by purchasing a 38 ha development site at the strategic location of Üllő, adjacent to Budapest Liszt Ferenc International Airport. The development potential of VGP Park Budapest Aerozone is approx. 125,000 sqm.
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Latest news


New leases

  • Moto-Profil, distributors of automotive parts and accessories, has extended its cooperation with Prologis. Since 2010, the company has been developing its logistics operations at Prologis Park Chorzów, where it benefits from a warehouse of nearly 60,000 sqm.
  • A manufacturer of protective clothing and health and safety accessories, Procera, has become a new tenant of the Hillwood Częstochowa - Miasto park (southern Poland). The company will occupy nearly 4,500 sqm of warehouse and office space.
  • Europe Distribution Group has signed a lease agreement for 7,500 sqm at the MLP Wrocław logistics park. The lease includes 7,300 sqm of warehouse space and 200 sqm dedicated to office and staff facilities. The transaction was facilitated by the real estate advisory firm Sawitar Estate Broker.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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