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Romania Chinese choose CTPark

Warehouse & industrial
Topband Smart Europe, a Chinese company that manufactures controllers for power tools, white goods and BMS systems, has started operations at CTPark Timişoara. The tenant's production facility occupies app. 11,000 sqm.

Topband entered the Romanian market in 2021. The factory in CTPark Timişoara was chosen for, among other reasons, the possibility of further expansion. The production plant will supply the European markets. Topband Europe has already signed cooperation agreements with more than 10 international customers in the white goods and power tools sectors.

Romania and Central and Eastern Europe in general provide an industrial base, skilled workers, attractive labour costs and good connections to Western European countries, making the region a hot spot for nearshoring. Asian companies are locating production closer to their European customer base, choosing CTPark Timişoara as the place to expand.
Anamaria Munteanu, senior business developer, CTP Romania

CTPark Timişoara is located 6 km from Timişoara International Airport and 1 km from the A1 motorway and the Timişoara ring road. The development is being built on an area of app. 20 ha and can ultimately offer around 180,000 sqm of leasable space.

Latest news

Warehouse & industrial

SAUDI ARABIA Panattoni signs $500m Saudi deal

schedule 31 October 2024
Opr./edited by NN

Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.

Material partner

Poland Brownfield rather than greenfield – a model for sustainable development at City Point Targówek

schedule 07 October 2024
Eurobuild CEE

Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure expansion often requires the development of greenfields, with adverse impacts on both local ecosystems and communities. A sustainable alternative is to revitalise brownfield urban sites, as exemplified by City Point Targówek, a project led by Peakside Capital Advisors.

Investment & finance

Russia Warimpex withdraws from Russia

schedule 31 October 2024
Opr./edited by JC

Warimpex Finanz- und Beteiligungs has sold its last remaining project in Russia, the Airportcity St. Petersburg, and is therefore no longer active in the Russian market.

Retail & leisure

Romania Physical retail dominates

schedule 31 October 2024
Opr./edited by ANZ

The results of the CBRE European Retail Occupier Survey 2024 suggest the retail sector and regional economy overall approach the end of a challenging period. The study includes responses from over 60 global retailers with a store network of over 130,000 locations, and shows that 71 pct of retailers planning to increase their number of physical stores intend to do so in markets where they are already present.

Office & mixed-use development

Poland The largest office deal in Łódź

schedule 31 October 2024
Opr./edited by ANZ

A pharmaceutical company has leased 6,000 sqm in the GTC-owned Sterlinga Business Center office building in Łódź. This is the largest office deal in Łódź in 2024.

Investment & finance

Poland Trinity One office complex in Warsaw purchased by Longvilliers

schedule 30 October 2024
Opr./edited by ANZ

Revetas Group has announced the successful disposal of the Trinity One class-A office complex in Warsaw to Longvilliers. The terms of the transaction were not disclosed.

Office & mixed-use development

Poland Warsaw office market stable

schedule 30 October 2024
Opr./edited by ANZ

Cushman & Wakefield has summarised the situation on the Warsaw office market for Q3 2024. Office take-up, both in leasing volumes and transaction numbers, was comparable to that recorded in the same period in 2023. Meanwhile, muted development activity, falling vacancy rates and shrinking land availability are likely to encourage investors to launch redevelopment projects.

Investment & finance

Poland Poland can win nearshoring investment

schedule 30 October 2024
Opr./edited by JC

Poland’s highly skilled workforce, growing pool of environmentally compliant buildings and developed IT services market make it an attractive destination for foreign investors who want to shorten their supply chains, according to experts on nearshoring at law firm DLA Piper.

Office & mixed-use development

Poland BGK stays in Varso

schedule 30 October 2024
Opr./edited by ANZ

Bank Gospodarstwa Krajowego has decided to extend its lease agreement for 13,600 sqm of office space in Varso Place. The company occupies five floors of the building.

Property and Facility Management

Poland Studio B under new management

schedule 30 October 2024
Opr./edited by JC

Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district. The property is owned by Stena Real Estate.

Warehouse & industrial

Poland AI controlled centre for Auchan

schedule 30 October 2024
Opr./edited by JC

Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the  customers from the updated internet platform.

Investment & finance

Poland Refinancing near Pruszków

schedule 30 October 2024
Opr./edited by ANZ

BNP Paribas Bank has granted MLP Group financing in the total amount of EUR 21.5 mln. The funds raised will be used to refinance the construction of a 34,600 sqm warehouse facility at the MLP Pruszków II logistics centre.

Warehouse & industrial

Czech Republic The sixth Garbe park in the Czech Republic

schedule 29 October 2024
Opr./edited by ANZ

Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.

Warehouse & industrial

Poland Huge warehouse is now up and running

schedule 29 October 2024
Opr./edited by ANZ

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

Warehouse & industrial

Romania Pallady hub in Bucharest fully operational

schedule 29 October 2024
Opr./edited by ANZ

Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.

Warehouse & industrial

Poland XBS has leased 90,000 sqm

schedule 28 October 2024
Opr./edited by JC

XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.

Warehouse & industrial

Poland A brand new home for Toyota

schedule 28 October 2024
Opr./edited by JC

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.

Investment & finance

Romania OUP gains millions from leasehold sales

schedule 28 October 2024
Opr./edited by JC

One United Properties has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 mln in the last 18 months. The total GLA of the assets is 20,851 sqm.

Warehouse & industrial

Europe Operating costs in industrial halls decrease in Prague

schedule 25 October 2024
Opr./edited by ANZ

According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct. 

Public buildings

Poland MHP awarded with ULI prize

schedule 25 October 2024
Opr./edited by ANZ

The Museum of Polish History in Warsaw, designed by the WXCA studio, was one of seven winners of the ULI Global Awards for Excellence 2024, awarded by the Urban Land Institute. Presented in the Arts and Culture category, the award is one of the highest international honours in the real estate and urban planning industry. 

Latest in Warehouse & industrial

schedule 31 October 2024

Panattoni signs $500m Saudi deal

Panattoni Saudi Arabia and Bahrain-based GFH Financial Group (GFH) have today announced the creation of a strategic partnership for the development of 500,000 sqm of logistics facilities in Saudi Arabia.

schedule 30 October 2024

AI controlled centre for Auchan

Panattoni is constructing a fully robotic BTS distribution centre for Auchan Polska. The centre in Wilcza Góra near Warsaw is to service the  customers from the updated internet platform.

schedule 29 October 2024

The sixth Garbe park in the Czech Republic

Garbe Industrial Real Estate CEE has received the building permission for the construction of two industrial facilities in Pohořelice, located approx. 30 kilometers south of Brno. The new development, consisting of two halls measuring 20,000 sqm and 11,000 sqm, is set to begin construction imminently, with plans to make the properties available within eight months.

schedule 29 October 2024

Huge warehouse is now up and running

The Neon logistics centre, developed for Hermes Fulfilment by Panattoni, has been opened. The area of the investment in Konin Żagański amounts to over 250,000 sqm.

schedule 29 October 2024

Pallady hub in Bucharest fully operational

Logicor has completed the first two buildings in Logicor Bucharest III Pallady Logistics Park, the first last mile logistics hub in the city.

schedule 28 October 2024

XBS has leased 90,000 sqm

XBS Logistics and XBS Pro-Log of the XBS Group have leased over 90,000 sqm in total across four industrial parks near Warsaw.

schedule 28 October 2024

A brand new home for Toyota

Panattoni has completed the construction of a new 50,300 sqm park in Bolesławiec. The first tenant in the development is to be Toyota Boshoku Poland.

schedule 25 October 2024

Operating costs in industrial halls decrease in Prague

According to the Savills Global Warehousing Costs 2024 analysis, Prague is the only European city where the total costs associated with operating premium industrial properties decreased year-on-year, by 1.8 pct. 

schedule 24 October 2024

Czech industrial rents hold steady

Industrial Research Forum announced Industrial Market Figures for Q3 2024. Space under construction in Czech Republic is significantly larger than new supply so far in 2024.

schedule 22 October 2024

CTPark Warsaw West opened

Raben Group has moved into its newest warehouse and shipping centre in the CTPark Warsaw West complex near Warsaw.

schedule 22 October 2024

Cordon Electronics joins MLP Pruszków II

Cordon Electronics Polska has signed a lease for approx. 5,100 sqm of space in the MLP Pruszków II warehouse complex. The company is set to fully occupy the new facility from December this year.

schedule 21 October 2024

Panattoni Park Tricity East V is fully leased

Panattoni has leased nearly 15,000 sqm to KMC Services at Panattoni Park Tricity East V. With this deal, the 50,000 sqm building constructed in the first stage of the development has been fully commercialised.

schedule 17 October 2024

Parker Lane Poland has chosen MLP

Parker Lane Poland, specializing in resale solutions for the fashion and off-price industries, has leased approx. 3,600 sqm of space at the MLP Pruszków I logistics center. The company will move into the facility within the next few weeks.

schedule 16 October 2024

Fortaco Factory is ready

Panattoni has completed a production plant for the Fortaco Group in Knurów, Silesia. The newly opened factory, with an area of over 34,000 sqm, will provide jobs for around 200 people and help consolidate Fortaco’s operations while optimizing logistics.

schedule 14 October 2024

Valmet Automotive extends its premises in Żary

Panattoni has launched development of a new BTS centre in Żary for Valmet Automotive. Construction work on the project began in September 2024 to extend an existing production plant by an additional 8,800 sqm.

schedule 07 October 2024

SIG is staying with Prologis

SIG, a supplier of construction products, has renewed its lease for 4,400 sqm of warehouse and office space in Prologis Park Wrocław.

schedule 04 October 2024

CTPark Warsaw West is ready

CTP has obtained an occupancy permit for buildings WARS02 and WARS05, with a total area of 110,000 sqm. The facilities are part of the CTPark Warsaw West complex. The space will be occupied by Raben Group. The location in Wiskitki, near Warsaw, will be its 36th branch in the country.

schedule 03 October 2024

InPost in MDC2 Kraków South

Polish parcel dispatch company InPost has leased 11,000 sqm at MDC2 Park Kraków South. The BTS project is to be built on a site prepared exclusively for the tenant.

schedule 02 October 2024

GLP grows in Silesia

GLP has commenced construction of its second logistics centre in Gliwice. The facility will ultimately offer 57,000 sqm of warehouse and production space, located adjacent to the Katowice Special Economic Zone.

schedule 02 October 2024

E-commerce stays with Hillwood

Hillwood is extending its cooperation with an American e-commerce giant in Łódź Górna. The tenant has extended its lease agreement for more than 36,000 sqm of warehouse space and 2,000 sqm for offices at Hillwood's Łódź Górna logistics centre. 

Edition 10 (292) September 2024

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