Warehouse &amp; industrial

HUNGARY Prologis Targeted Europe Logistics Fund (PTELF) has acquired the app. 69,000 sqm M1 Business Park in Hungary owned by the Austrian developer CA Immo (a 51 pct stake) and Union Investment .

Panattoni to extend Faurecia Gorzów factory

16 March 2015

POLAND Panattoni Europe has started the 12,000 sqm extension work on a factory in Gorzów for the automotive parts manufacturer Faurecia.

New logistics demand to come from Eastern and Southern Europe

16 March 2015

EUROPE Although Western European economies, including the UK and Germany, accounted for 54 pct of the total European logistics property investment across the continent last year, their dominance may soon change as currently nine out of Europe's top ten countries for GDP growth forecasts are located in eastern and southern parts of the continent, according to Savills.

Segro gears up for DPD project

12 March 2015

POLAND Construction work on a new BTS, 9,000 sqm warehouse in the 167,000 Segro Logistics Park Poznań in Komorniki is set to begin this spring. The new cross-dock terminal, which is scheduled to be completed in Q4 2015, will serve the logistics company DPD.

Third Prologis Park Szczecin warehouse underway

12 March 2015

POLAND Prologis has started the construction work on a 27,650 sqm Class A warehousing property at Prologis Park Szczecin in northwest Poland.

Coalco to build giant warehouse parks

10 March 2015

RUSSIA Coalco, a company owned by Russian billionaire Vasily Anisimov, has plans to develop two industrial parks south of Moscow.

Global real estate investment falls as China slows down

10 March 2015

WORLD Global real estate investment fell in 2014 for the first time in five years, slipping back 6.3 pct to USD 1.21 tln, according to the latest research by Cushman & Wakefield.

Radius to build 100,000 sqm Leroy Merlin distribution centre

09 March 2015

RUSSIA DIY retailer Leroy Merlin and warehouse developer Radius Group have signed an agreement for the development of a 100,000 sqm distribution centre in the South Gate industrial park south of Moscow.

CEE industrial property market gains momentum

05 March 2015

Eurobuild CEE

CEE REGION As much as 90 pct of the CEE industrial stock is currently being occupied, while there is also a growing interest in both leasing and constructing new space across the region, according to the latest report by C&W.

Rhenus takes up more Szczecin warehousing space

03 March 2015

Tomasz Szpyt-Grzegórski

POLAND Logistics company Rhenus has enlarged its app. 14,000 sqm Prologis Park Szczecin lease by additional 7,200 sqm of space.

Dedra to stay in Pruszków logistics park

02 March 2015

Tomasz Szpyt-Grzegórski

POLAND Machine tool manufacturer Dedra Exim has renewed its app. 10,000 sqm lease agreement in the MLP Pruszków I logistic park near Warsaw.

Prologis signs 13,700 sqm Bratislava leases

23 February 2015

SLOVAKIA Prologis has signed two new lease deals for space in its 260,000 sqm Prologis Park Bratislava which is now nearly completely leased out.

Record high warehouse supply in Russian regions

19 February 2015

RUSSIA In 2014, app. 700,000 sqm of modern warehouse space was delivered across the Russian regions (all major markets excluding Moscow and St Petersburg), according to CBRE. The number marks the highest supply since 2009.

Pilkington expands in Chmielów

19 February 2015

POLAND Pilkington Automotive Poland is expanding its automotive glass factory in Chmielów in the Tarnobrzeg Special Economic Zone to app. 90,000 sqm.

Goodman portfolio grows by 40 pct

16 February 2015

CEE REGION Goodman has closed the first half of its 2015 financial year in Central and Eastern Europe with app. 697,000 sqm of assets under management, which is up 40 pct on the previous financial year, ending June 30th 2014.

Dachser leases Poznań warehouse

12 February 2015

Aneta Cichla

POLAND Logistics operator Dachser has signed a lease contract with MLP Group for a warehouse and office area of more than 8,400 sqm in the MLP Poznań logistics park.

Lighting producers move into CTParks

10 February 2015

CZECH REPUBLIC Automotive Lighting, which produces external lighting systems for the automotive industry, has leased 5,500 sqm at CTPark Jihlava.

Things are going well – if warehousing is an economic indicator

09 February 2015

Anna Pakulniewicz

POLAND According to JLL, new lease contracts for Polish warehousing space amounted to 1.4 mln sqm in 2014. The consultancy only took into account long-term contracts, that is, for more than two years. Last year developers were clearly following their clients and their needs. There were also a number of surprises, which attested to how well the market has been doing.

One mln sqm of new speculative space oversupplies Moscow I&L market

06 February 2015

RUSSIA Around 71 pct, that is 1.1 mln sqm out of 1.6 mln sqm of industrial and logistics space completed on the Moscow warehouse market in 2014, was developed speculatively, according to CBRE.