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Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.

Record Levels of Investment in European Industrial Market in Q2 2015

The European Industrial and Logistics market experienced record levels of investment in Q2 2015 with the total volume reaching €6.1 billion, reports the latest analysis of CBRE. Investors are concentrating their capital on north Western Europe, and particular favour lies with the UK market which accounted for 40% of the total volume. Germany, Sweden, Finland, the Netherlands and Spain also reported strong quarterly figures.

New Building at Prologis Park Budapest-Sziget Most Sustainable in Hungary

Prologis, Inc., the global leader in industrial real estate, today announced that DC6 at Prologis Park Budapest-Sziget has attained the highest sustainability rating of any building in Hungary. The 7,500 square metre building has been accredited a BREEAM ”Good” rating, making it the first property in Hungary to have received accreditation from BREEAM under its new guidelines.

Cushman & Wakefield to Merge with DTZ

CHICAGO and NEW YORK, May 11, 2015 – Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under the Cushman & Wakefield brand, will have revenues over $5.5 billion, over 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients.

Prologis Extends 11-Year Customer Relationship with Raben Polska

Prologis, Inc., the global leader in industrial real estate, todayannouncedit has signed two lease renewal agreements with Raben Polska, a provider of logistic services, totalling 40,000 square metres in its parks in Chorzow and Blonie.

Prologis Begins Two New Speculative Developments in Bratislava

Prologis, Inc., the global leader in industrialreal estate, todayannounced that it has begun development oftwo speculative facilities totalling 22,300 square metres at Prologis Park Bratislava. The buildings, DC12 and DC13, are planned for completion in the third quarter and total 16,430 square metresand 5,885 square metres respectively.

New Senior Advisor at CBRE’s Industrial Agency

CBRE announced that Bernadett Sallay joined the world's leading property advisor’s Hungarian team. Bernadett Sallay joined CBRE Hungary as a Senior Advisor for Industrial Properties. She comes from FM Logistic where she worked as key account manager.

Citypoint9 found new owner

A successful investment transaction was closed in Q1 2015 in relation to Citypoint9 warehouse and business center. The city logistics type of scheme, situated in an excellent location, was sold by MKB Bank Group to OTP Property Investment Fund. Citypoint9 comprises 23,000 sq m modern warehouse and office area.
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