Warehouse & industrial
The more difficult economic situation and the adoption of a wait-and-see attitude were the main factors affecting the Polish warehouse market in H1 of 2023, according to Axi Immo experts.
Warehouse & industrial
In Braşov, Romania, the foundation stone has been laid for a new production facility for Diehl Controls. The project is being built in collaboration with CTP. The 18,000 sqm plant will start manufacturing in mid-2024 and reach full capacity by 2027.
Warehouse & industrial
CTP will build a giant warehouse for Serbian food operator Mercator at CTPark Belgrade City. The company's distribution centre will occupy 68,000 sqm, with a lease signed for 15 years.
Warehouse & industrial
Panattoni has commenced construction of a new industrial complex, Panattoni Park Cheb East.
Warehouse & industrial
7R has signed a lease agreement for approx. 2,300 sqm at 7R City Park Gdańsk South II with IGS Schreiner Polska. The warehouse park is thus 100 pct leased.
Warehouse & industrial
MCG EastBridge will occupy the entire GLP Kraków III Logistics Centre. The two-stage lease is the largest signed transaction on the Polish warehouse market in the first half of 2023.
Warehouse & industrial
Panattoni has completed Panattoni Park Kraków North, its largest project in Małopolska with an area of over 56,500 sqm. Trivium Packaging is to occupy around 21,000 sqm while Almus is to take up over 25,000 sqm. These are two of the largest leases signed by Panattoni in the region.
Warehouse & industrial
MDC2 and its investor, Invesco Real Estate, have finalised the lease of nearly 10,800 sqm of space at MDC2 Park Gliwice. MDC2 Park Gliwice has been developed to BREEAM New Construction standard at the highest Outstanding level.
Warehouse & industrial
US corporation Flex has expanded the area of its production and warehouse facility in Tczew by 20,000 sqm. The project was carried out by Dekpol Budownictwo on behalf of Panattoni. In total, the factory now occupies 100,000 sqm.
Warehouse & industrial
Segro has extended its lease agreement with Vox at Segro Logistics Park Poznań in Gądki. The company occupies around 7,700 sqm at this location.
Warehouse & industrial
P3 Logistic Parks has successfully completed an asset deal for two logistics properties in Ingolstadt and Nuremberg, Germany. The two properties offer a total of around 30,300 sqm of leasable space.
Warehouse & industrial
The logistics real estate market is evidently finding a stable basis and emerging from its decompression cycle, according to findings that Garbe Research presented in its latest Garbe Pyramid Map, the 2023 mid-year company’s overview of prime rents and prime net initial yields for the 123 most important logistics real estate submarkets in 23 European countries.
Warehouse & industrial
Warsaw-based logistics operator Eurogate Logistics has leased 7,600 sqm, including 400 sqm of office space, in building DC4 of Prologis Park Wrocław III.
Warehouse & industrial
Office equipment supplier Ofix Lewandowski has leased 5,320 sqm of warehousing and 157 sqm of office space in 7R Park Poznań West.
Warehouse & industrial
Warehouse developer LCube has received a building permit for the LCube Mszczonów development. The approved project involves the construction of an industrial and warehouse park of approx. 31,500 sqm on a plot of nearly 8 ha.
Warehouse & industrial
Panattoni has started construction of its fifth park in Ruda Śląska. The new investment will comprise two buildings with a total area of 67,000 sqm. The EUR 30 mln loan for the park was provided by Santander bank. The complex is already half leased by Regesta.
Warehouse & industrial
MLP Group has purchased 6 ha of land adjacent to the MLP Poznań West logistics centre. This will allow the construction of another 30,000 sqm of modern warehouse space. As a result, the target space of the complex will increase to over 170,000 sqm.
Warehouse & industrial
GLP has started the construction of another warehouse at Wrocław V Logistics Centre. Developed in the Wrocław metropolitan area, the warehouse park in Magnice is to expand by more than 86,000 sqm. The latest stage of the project had already been fully leased before the start of construction.
Warehouse & industrial
CTP has delivered a warehouse of almost 10,000 sqm in CTPark Bucharest North for the online liquor retailer FineStore.
Warehouse & industrial
According to the 'Occupier Insight – Industrial and Warehouse Market in Poland H1 2023' report prepared by Newmark Polska, both tenants and developers are currently exhibiting caution in their decision-making, which has resulted in a decline in leasing activity and construction volumes. Meanwhile, the availability of space in existing warehouses has increased.
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