News, analysis and lease transactions from the Hungarian warehouse market
European industrial real estate leader Panattoni has completed the shell stage of another huge commission for the e-commerce sector. In Żerniki near Poznań, the developer is building a BTS facility with an area of 105,000 sqm for DHL Supply Chain.
In its first financial results announcement since the IPO in March 2021, CTP N.V., CEE’s largest logistics property owner and developer,records 16.9% growth of net rental income in Q1 2021 vs Q1 2020, increasing market share in its core CEE markets to24% by the end of Q12021 and more than doubling leasing activityto 397km² GLA (compared to 184k m² in Q1 2020).
European industrial real estate leader Panattoni is strengthening its position in western Poland by expanding Panattoni Park Gorzów, where it has recently secured another tenant. Global logistics operator Fiege has leased 11,000 sqm in the park, which the company will use for the logistics operations of a client from the production sector
Panattoni, Europe’s largest industrial developer, is entering a new market. The company has announced the opening of an office in Hungary, headed by László Kemenes.
NIPÜF Group commenced the construction of a 10,000 sqm warehouse in its Tatabánya industrial park. The developer signed a lease agreement for one third of the building, and the remaining space awaits prospective tenants. The facility is to be delivered in the first quarter of 2022.
Momentum continued in Industrial & Logistics and Living sectors in Q1 2021 across EMEA region but many countries saw investment volumes half in comparison to Q1 2020
Dr.Max is one of Slovakia’s biggest pharmaceutical and health brands. The company’s products help people stay healthy, so naturally the company requires logistics space which ensures the health and wellbeing of its own employees
NIPÜF Group, the developer of Inpark Tatabánya industrial park, sold a two-hectare building plot to the Hungarian subsidiary of Soulbrain. The South Korean company will produce electrolytes for lithium-ion batteries.
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