PL

MLP plans third park in Germany

Warehouse & industrial
EUROPE MLP Group has signed a conditional agreement to purchase a 12.5 ha site for MLP Business Park Niederrhein in Schwalmtal near Mönchengladbach.
This will be the third MLP’s third development in Germany with the other ones including MLP Business Park Berlin I and MLP Logistics Park Unna. The park will eventually comprise four buildings with a total leasable area of around 55,800 sqm.

Latest news

Warehouse & industrial

Germany Another logistics park near Hamburg

schedule 25 November 2022
Opr./edited by ANZ

Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchased 33,000 sqm of land in Lüneburg, and plans to invest EUR 33 mln in the project.

Retail & leisure

Italy Forum Palermo rejuvenated

schedule 25 November 2022
Opr./edited by ANZ

Multi, a platform for integrated real estate management services, has recently refurbished and extended Forum Palermo, the largest shopping centre in north-west Sicily.

Retail & leisure

Romania Sinsay expands in Romania

schedule 25 November 2022
Opr./edited by ANZ

New Sinsay stores will be opened in retail parks located in Timisoara and Vaslui. These are the next points of this brand in Romanian commercial facilities, which are being developed by the Polish company Scallier. 

Office & mixed-use development

POLAND Wunderman flies into Nowy Rynek

schedule 24 November 2022
Opr./edited by NN

Wunderman Thompson Technology has leased app. 2,000 sqm in building E of the Nowy Rynek office building developed in Poznań by Skanska.

Hotels

CEE REGION Lagoon life comes to CEE capitals

schedule 24 November 2022
Nathan North
deputy editor

Forty Management has announced that it is soon to begin work on its Central District Lagoon City hotel and mixed-use complex in Bucharest, while the launches of similar projects are pending in Prague and Budapest and that it is seeking a site for one in Warsaw.

Warehouse & industrial

CZECH REPUBLIC Panattoni fills Teplice South park

schedule 24 November 2022
Opr./edited by NN

The last remaining space in Panattoni Park Teplice South in the Czech Republic’s northern Ústí nad Labem Region has been taken up by Maersk, Raben and Exyte Technology – more than 23,000 sqm.

Investment & finance

CENTRAL EUROPE CPI set to merge S Immo into Immofinanz

schedule 23 November 2022
Nathan North
deputy editor

Immofinanz has received approval from its supervisory board to enter into negotiations with its main shareholder CPI Property Group for the acquisition of a controlling stake in S Immo.

Warehouse & industrial

Poland C. Hartwig Gdynia expands in TriCity

schedule 23 November 2022
Opr./edited by ANZ

C. Hartwig Gdynia, a Polish freight forwarding company of the global Rhenus Group, has expanded its lease to occupy a total of 16,100 sqm of warehouse and office space in the Pomeranian Logistics Centre.

Warehouse & industrial

Poland Panattoni grows in Silesia

schedule 23 November 2022
Opr./edited by ANZ

Panattoni has purchased a site in Ruda Śląska, in the centre of the Silesian metropolitan area. The building permit acquired allows for the construction of a park with a total area of 65,000 sqm.

Warehouse & industrial

Romania Diehl Controls opens third European plant

schedule 23 November 2022
Opr./edited by ANZ

CTP has secured German company Diehl Controls, a hi-tech manufacturer, as the first tenant of its new 50,000 sqm business park in Brașov in central Romania. Diehl’s plant will create 200 jobs initially, rising to over 600 by the end of 2027.

Investment & finance

ROMANIA CA Immo exits Romania with largest ever deal

schedule 22 November 2022
Nathan North
deputy editor

Austrian real estate company CA Immo has announced its exit of the Romanian market as it finalises the sale of its seven-building office portfolio in Bucharest to local company Pavăl Holding, the owner of the Dedeman chain of DIY stores.

Warehouse & industrial

Romania New tenant in CTPark Timisoara Ghiroda

schedule 22 November 2022
Opr./edited by ANZ

Kuchinox Polska has leased 4,000 sqm of A-class production hall with office space in the logistics park CTPark Timisoara Ghiroda in Romania.

Retail & leisure

Romania Strong retail market in Romania

schedule 22 November 2022
Opr./edited by ANZ

Cushman & Wakefield Echinox, the exclusive affiliate of Cushman & Wakefield in Romania, has presented its study on different retail market segments activity in Romania. The cumulative turnover of the 6,000+ stores operated by large retailers increased by 20 pct, more than the inflation rate and the national consumption growth.

Office & mixed-use development

Serbia GTC X opens in Belgrade

schedule 22 November 2022
Opr./edited by ANZ

GTC X is the newest building of the GTC Group in Belgrade. It brings to the market 17,700 sqm of first-class office space in Block 41, located along Milutin Milanković Boulevard in New Belgrade, the Serbian Silicon Valley.

Investment & finance

Europe Increased sale and leaseback activity 

schedule 21 November 2022
Opr./edited by ANZ

Despite a slowdown in commercial real estate (CRE) markets, a tough macroeconomic backdrop and tighter lending conditions are set to make property an increasingly attractive means to raise capital, according to new research from Colliers. Corporates can explore a variety of methods to monetise real estate assets, with sale and leaseback emerging as one of the most attractive.

Warehouse & industrial

Poland DTW Logistics in Panattoni

schedule 21 November 2022
Opr./edited by ANZ

Panattoni broadens its client base from the TSL sector. DTW Logistics has leased over 25,000 sqm in Panattoni Park Warsaw West and is to start using the space from April 2023.

Green projects

Poland Photovoltaics works for Warsaw Unit

schedule 21 November 2022
Opr./edited by ANZ

Ghelamco has completed its first three photovoltaic farms as part of its programme to achieve energy neutrality, announced in May 2022.  The installations, with a capacity of nearly 3 MW, were built in three locations in the Opole region.

Office & mixed-use development

Poland Ocean Office Park with a new tenant

schedule 21 November 2022
Opr./edited by ANZ

SalesManago, a company creating e-commerce technology solutions, is set to become the single occupant of the new office building in Ocean Office Park in Krakow's Zabłocie district. The company expects to move into its new premises in August 2023. 

Warehouse & industrial

Poland More space for solar systems

schedule 21 November 2022
Opr./edited by ANZ

BayWa r.e., renewable energy services provider, has leased additional space at GLP Kraków Airport Logistics Centre, to support its rapidly expanding business in Poland. It will now occupy more than 14,000 sqm of industrial and office space.

Warehouse & industrial

Poland Accolade’s 7 years in Poland

schedule 18 November 2022
Opr./edited by ANZ

Accolade came to Poland seven years ago and currently owns 26 of the country’s 45 parks, both completed and under construction, spanning nearly 1.5 mln sqm

Latest in Warehouse & industrial

schedule 25 November 2022

Another logistics park near Hamburg

Garbe Industrial Real Estate is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. The developer has purchased 33,000 sqm of land in Lüneburg, and plans to invest EUR 33 mln in the project.

schedule 24 November 2022

Panattoni fills Teplice South park

The last remaining space in Panattoni Park Teplice South in the Czech Republic’s northern Ústí nad Labem Region has been taken up by Maersk, Raben and Exyte Technology – more than 23,000 sqm.

schedule 23 November 2022

C. Hartwig Gdynia expands in TriCity

C. Hartwig Gdynia, a Polish freight forwarding company of the global Rhenus Group, has expanded its lease to occupy a total of 16,100 sqm of warehouse and office space in the Pomeranian Logistics Centre.

schedule 23 November 2022

Panattoni grows in Silesia

Panattoni has purchased a site in Ruda Śląska, in the centre of the Silesian metropolitan area. The building permit acquired allows for the construction of a park with a total area of 65,000 sqm.

schedule 23 November 2022

Diehl Controls opens third European plant

CTP has secured German company Diehl Controls, a hi-tech manufacturer, as the first tenant of its new 50,000 sqm business park in Brașov in central Romania. Diehl’s plant will create 200 jobs initially, rising to over 600 by the end of 2027.

schedule 22 November 2022

New tenant in CTPark Timisoara Ghiroda

Kuchinox Polska has leased 4,000 sqm of A-class production hall with office space in the logistics park CTPark Timisoara Ghiroda in Romania.

schedule 21 November 2022

DTW Logistics in Panattoni

Panattoni broadens its client base from the TSL sector. DTW Logistics has leased over 25,000 sqm in Panattoni Park Warsaw West and is to start using the space from April 2023.

schedule 21 November 2022

More space for solar systems

BayWa r.e., renewable energy services provider, has leased additional space at GLP Kraków Airport Logistics Centre, to support its rapidly expanding business in Poland. It will now occupy more than 14,000 sqm of industrial and office space.

schedule 18 November 2022

Accolade’s 7 years in Poland

Accolade came to Poland seven years ago and currently owns 26 of the country’s 45 parks, both completed and under construction, spanning nearly 1.5 mln sqm

schedule 17 November 2022

Panattoni to revitalise Kladno

Panattoni is to develop an 88,500 sqm industrial complex on a brownfield site in Kladno’s Poldi district, about 30 km west of Prague.

schedule 17 November 2022

QeOPS larger in CTPark Bucharest

CTP, developer of industrial and logistics space in Romania, has extended its partnership with QeOPS, one of the leading providers of e-fulfillment services and customized logistics solutions. With this expansion, QeOPS has increased its occupied warehouse space in CTPark Bucharest to approx. 15,000 sqm.

schedule 17 November 2022

Ideal Idea’s new project fully commercialized

City Park Wrocław II, the new facility built in the small business units model, is the latest development by Ideal Idea. It is currently being built adjacent to the Wrocław airport and is already fully let, long before the completion of construction.

schedule 17 November 2022

More profit and zero vacancy

MLP made more than PLN 0.5 bln in net profit in the first three quarters of 2022, a result more than 2.6 times better than that reported a year earlier. The vacancy rate at the group's properties is close to zero.

schedule 15 November 2022

NRF moves in to Panattoni’s Park Tricity West II

NRF, the Dutch-based manufacturer and supplier of spare parts for the automotive, rail and marine sectors, has leased 32,000 sqm of modern warehouse and office space in Panattoni’s Park Tricity West II. 

schedule 15 November 2022

Panattoni sets the bar higher

Panattoni had almost 6 mln sqm of industrial space under certification at the end of Q3. Half a million sqm of this is certified under BREEAM with a rating level of Excellent, further 4.6 mln sqm is currently under assessment. Panattoni is also applying for the highest possible rating of Outstanding for one of its latest projects.

schedule 14 November 2022

Peakside JV raises PLN 500 mln from Bank Pekao

A joint venture between Partners Group and Peakside Capital Advisors has signed a portfolio loan facility agreement with Bank Pekao, comprising of an investment loan and VAT loan. A facility of up to PLN 500 mln in total was provided under the agreement. The funds have been used to finance the acquisition of three logistics properties in and around Warsaw, and the redevelopment of the City Point Targówek park.

schedule 09 November 2022

A new place for old batteries

Commercecon has completed the construction of a plant for SungEel Hitech Poland. Battery recycling for the automotive industry will start soon in Bukowice, Lower Silesia.

schedule 09 November 2022

Cosentino Poland moves to Poznań

A global provider of interior design products is joining MLP Poznań West as a new tenant. Cosentino Poland will occupy a total of over 4,100 sqm of modern space that will also include a showroom. The facility is slated for handover in early 2023. 

schedule 09 November 2022

7R Park Goleniów II in new hands

7R has completed the sale of 7R Park Goleniów II to Macquarie Asset Management. The BTS format warehouse, which is under development in Goleniów near Szczecin, comprises 62,500 sqm of modern logistics space and 3,100 sqm of office space. It is fully leased to German e-commerce company Fiege. 

schedule 09 November 2022

An ever-increasing Kraków Airport Logistics Centre

Construction of the last hall at GLP Kraków Airport Logistics Centre is underway. Cummins will be the main user of the new facility, which is being constructed within the GLP logistics park in Modlniczka near Kraków. The building is expected to be ready next spring.

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