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ROMANIA Carrefour renews huge lease at P3 Bucharest A1

Warehouse & industrial
French supermarket chain Carrefour has renewed its 85,000 sqm lease in the P3 Bucharest A1 warehousing park – one of the largest ever deals of its kind on the Romanian market.

CBRE advised the owner and manager of the complex, P3 Logistic Parks, during the negotiations.

We are in the stage of consolidations, of large centralised warehouses – and we expect more and more XXL warehouses to take shape, both in Bucharest and in other key areas of the country.
Razvan Iorgu, the managing director of CBRE Romania

P3 Bucharest A1, which is situated on the northwest section of the Bucharest ring road, has a total area of around 380,000 sqm in 14 warehousing buildings.

Latest news

Retail & leisure

AFI to open retail centre in AFI City project

schedule 08 March 2021
Opr./edited by AH

AFI has announced that it is to open a 4,500 sqm shopping centre for its AFI City project, with operations to start from the beginning of 2022.

Residential

Poland Resi4Rent opens another Warsaw building

schedule 08 March 2021
Opr./edited by AH

Rental apartment platform Resi4Rent has added a building on ul. Taśmowa with over 370 apartments to its Warsaw portfolio.

Events

POLAND The search for a (tennis) star!

schedule 27 January 2021
Eurobuild Conferences

The champion for many years was Michał Małaszyński of APP-Projekt, while the last two years have been dominated by Krzysztof Stempień of Cresa. But who will be carrying off the trophies from the Eurobuild CEE Annual Tennis Tournament this year?

Warehouse & industrial

Poland Accolade grows in Zielona Góra

schedule 08 March 2021
Opr./edited by AH

Accolade is constructing a 45,700 sqm warehouse building in its business park in Zielona Góra.

Warehouse & industrial

CZECH REPUBLIC Contera starts work on Sportisimo mega-shed

schedule 08 March 2021
Nathan North
deputy editor

Czech industrial developer Contera has started work on one of the largest industrial halls in the Czech Republic, in Contera Park D1 in Ostrava.

Retail & leisure

ROMANIA KiK off into Funshop Park Focșani

schedule 08 March 2021
Nathan North
deputy editor

German clothes store chain KiK is to open a 640 sqm store in Funshop Park in Focșani, about 190 km north-east of Bucharest.

Office & mixed-use development

Infinity will take till 2023

schedule 05 March 2021

Construction work has begun on the Infinity office building in Wrocław. has begun.

Office & mixed-use development

Raiffeisen in Monopol

schedule 05 March 2021
Opr./edited by AH

Raiffeisen Bank International AG is moving into the Monopol office centre in Warsaw.

Warehouse & industrial

Romania VGP enters Bucharest

schedule 05 March 2021

Industrial developer VGP has purchased 25 ha to the north of Bucharest where it intends to develop VGP Park Bucharest.

Green projects

POLAND Panattoni goes for climate-neutrality by 2025

schedule 05 March 2021
Nathan North
deputy editor

Panattoni has announced a commitment to achieving climate-neutrality for all of its projects by 2025.

Investment & finance

CZECH REPUBLIC CTP to float in Amsterdam

schedule 05 March 2021
Opr./edited by NN

Czech industrial developer CTP has announced its intention to float on the Euronext Amsterdam stock exchange.

Office & mixed-use development

ROMANIA Sony stays in Bucharest Business Park

schedule 05 March 2021
Opr./edited by NN

Sony has renewed its lease in Bucharest Business Park for another five years.

Hotels

Timișoara City Center now open

schedule 04 March 2021

Optim Project Management has completed the construction of the 6,715 sqm ibis Timișoara City Center hotel on behalf of Hotel Development.

Property and Facility Management

Hungary CovergenCEE works for HB Reavis

schedule 04 March 2021

HB Reavis appointed ConvergenCE to lease 8,000 sqm in Agora Tower in Budapest last year, followed by an additional 6,000 sqm in Agora HUB in February.

Office & mixed-use development

Poland Abris stays on at Grzybowska Park

schedule 04 March 2021

Private equity firm Abris Capital Partners has extended its lease for office space in the recently refurbished Grzybowska Park.

Office & mixed-use development

POLAND Gdański Business Center almost fully leased

schedule 04 March 2021
Opr./edited by NN

Savills Investment Management leased almost 24,000 sqm to ten companies in the Gdański Business Center office complex in Warsaw in 2020 – almost a quarter of its total area.

Warehouse & industrial

POLAND Medical devices from Panattoni Park Tricity North

schedule 03 March 2021
Opr./edited by NN

A medical device manufacturer has leased more than 4,000 sqm in Panattoni Park Tricity North.

Retail & leisure

HUNGARY Etele Plaza ready for tenants

schedule 03 March 2021
Nathan North
deputy editor

An occupancy permit has been issued for the Etele Plaza shopping centre in Budapest’s XI district.

Investment & finance

Czech Republic Prague remains dominant

schedule 03 March 2021

The investment volume in the Czech Republic came to EUR 797 mln in H2 2020 with 60 pct of the H2 transaction volume (EUR 478 mln) invested in Prague, according to the latest figures from Savills.

Office & mixed-use development

Poland First building opens in Ocean Office Park

schedule 03 March 2021

Cavatina Holding has received an occupancy permit for the first building in its Ocean Office Park in Kraków's Zabłocie district. 

Latest in Warehouse & industrial

schedule 08 March 2021

Accolade grows in Zielona Góra

Accolade is constructing a 45,700 sqm warehouse building in its business park in Zielona Góra.

schedule 08 March 2021

Contera starts work on Sportisimo mega-shed

Czech industrial developer Contera has started work on one of the largest industrial halls in the Czech Republic, in Contera Park D1 in Ostrava.

schedule 05 March 2021

VGP enters Bucharest

Industrial developer VGP has purchased 25 ha to the north of Bucharest where it intends to develop VGP Park Bucharest.

schedule 03 March 2021

Medical devices from Panattoni Park Tricity North

A medical device manufacturer has leased more than 4,000 sqm in Panattoni Park Tricity North.

schedule 03 March 2021

Barbora expands into Ożarów II Logistics Centre

Barbora, the owner of the e-grocery store Barbora.pl, has leased 6,000 sqm of warehouse and office space in the Ożarów II Logistics Centre on Warsaw’s western outskirts.

schedule 03 March 2021

AST Supplies prints its mark in Panattoni park

Laser printer supplier AST Supplies has leased over 1,300 sqm of warehouse and office space in Panattoni Park Warsaw Janki III.

schedule 02 March 2021

Panattoni comes to Zgorzelec

Panattoni Development Europe is to purchase a 13.2 ha plot in Zgorzelec on south-western Poland for a warehouse development.

schedule 01 March 2021

ELI to build City Logistics Kraków I

European Logistics Investment (ELI) and its strategic partner Panattoni are to deliver a 37,000 sqm warehouse complex in Kraków’s Nowa Huta district.

schedule 26 February 2021

No Limit for 7R Park Sosnowiec

Logistics company No Limit has leased space in 7R Sosnowiec in Silesia for its new headquarters.

schedule 26 February 2021

TCC enters the region

US developer Trammell Crow Company (TCC) has announced that it is to enter the European warehouse market.

schedule 26 February 2021

Good year for accolade

The Accolade Portfolio has risen in value to EUR 700 mln with rental income up by 35 pct y-o-y.

schedule 26 February 2021

Examining the rise of urban logistics

Over the last decade, the supply of industrial space has more than tripled from 6.3 mln sqm at the end of 2010 to almost 21 mln sqm in 2020, according to the 'Logistics Avenue: city logistics market in Poland’ report published jointly by JLL and Segro.

schedule 25 February 2021

Mobexpert moves into Constanța Business Park

Romanian furniture producer and retailer Mobexpert has leased a 2,000 sqm logistics unit in Constanța Business Park, which is being developed by Globalworth and Global Vision.

schedule 24 February 2021

InPost comes to Prologis Park Chorzów

InPost, which owns the Paczkomaty network of parcel lockers, is to open a new 6,000 sqm logistics centre in Prologis Park Chorzów.

schedule 24 February 2021

Panattoni to build 8th Warsaw city logistics project

Panattoni has announced its latest city logistics project in Warsaw: City Logistics Warsaw VI in the city’s Targówek Fabryczny district.

schedule 24 February 2021

XXXLutz leases from WDP

Austrian furniture and decoration retailer XXXLutz has leased 6,000 sqm in WDP Industrial Park Dragomireşti on Bucharest's western outskirts.

schedule 22 February 2021

Electrolux happy in MLP Pruszków I

Household appliances manufacturer and distributor Electrolux has renewed its occupancy at the MLP Pruszków I logistics park on Warsaw’s western outskirts.

schedule 22 February 2021

Panattoni to transform former coal mine site

Panattoni Park Nýřany Terminal Two is to be built on a former coal mine and industrial site in the Plzeň region.

schedule 21 February 2021

Strong year for Romanian warehousing

Around 1 mln sqm of warehouse and industrial space was leased over 2020 in Romania with around 649,000 sqm delivered to the market according to figures from Cushman & Wakefield Echinox.

schedule 21 February 2021

Warehouse market still strong

In 2020, takeup for warehouses reached 4.8 mln sqm, with supply expanding by more than 2 mln sqm and almost 1.9 mln sqm remained under construction according to figures from JLL.

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