In Central Europe there is now almost 18 million sq m of modern industrial space for leasing, while ten years ago that figure was just 4.6 sq m. This volume is approaching the same levels as large Western European markets such as Germany, which currently has around 22 million sq m. These are the findings of Cushman & Wakefield’s Central European Industrial Team.
Recovery Property Utilisation and Services Zrt., an affiliate company of CIB Group sold its industrial property located in the 10th district of Budapest with a total land area of 34 670 sqm and a total building area of 5 545 sqm. – said Andrea Pusztai, Associate Director at the Industrial Agency of Colliers International Hungary, who represented the Seller in the transaction.
Prologis, Inc., the global leader in industrial real estate, today announced it has signed two new lease agreements totalling 13,700 square metres at Prologis Park Bratislava.
CBRE, the global real estate advisor, has been appointed by IDI Gazeley (Brookfield Logistics Properties), a leading global investor and developer of logistics real estate, to manage a portfolio of 39 logistics and warehouse assets spanning six countries across Europe covering a combined area of 850,334 sq m.
Prologis, Inc., the global leader in industrial real estate, today announced that its 12,600-square-metre production and distribution facility developed for TOMRA Sorting Solutions at Prologis Park Bratislava has achieved the highest sustainability rating for an industrial building in the Czech and Slovak Republics.
Regional Portfolio Growth to More than 4.1 Million Square Metres; More than 1.8 Million Square Metres Leased 390,000 Square Metres; Acquired 192,700 Square Metres; Started 135,000 Square Metres Delivered
The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q4 2014 industrial market data.
Prologis, Inc., the global leader in industrial real estate, announced today that it has signed a renewed lease agreement with L’Oréal Poland for 19,500 square metres of distribution space at Prologis Park Błonie II near Warsaw.
