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Warehouse Market News

Central Europe’s opportunity lies in the co-operation of regions

A total of 690,000 sq m of modern manufacturing, logistics and warehousing premises was developed in Central Europe in 2013 representing an investment of more than 330 million euros and creating around 3,700 new jobs in the region. These figures were released today by Cushman & Wakefield, the world’s largest privately-owned real estate adviser.

Supply chain efficiency, rental growth, and investment momentum to impact industrial and logistics sector in 2014

CBRE has revealed six key Industrial and Logistics (I&L) trends to watch in 2014, with increased investment, consumer delivery demands from online retailing, supply chain efficiency, and the development of emerging markets all set to impact the sector.

Gebrüder Weiss became the largest tenant of Rozália Park

With the consulting support of CBRE, the Gebrüder Weiss, one of the leading logistics companies of Hungary, is renting 10,000 square meters of warehouse space at the Rozália Park in Biatorbágy in order to supply materials for the Grundfos company’s factories in Székesfehérvár and Tatabánya.

Industrial vacancy up at 21.7 percent in the Budapest region

The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum. No newly completed building came on line in the first three months of the year, just as was the case for the first three quarters of last year.

Warehouse leasing without borders

After opening in Romania, Europe’s only independent network of office search portals has launched its warehouse and logistics division in Hungary, which opens up the country’s warehouse market to tenants, agents and all other participants. The Hungarian portal of the warehouse search network is www.raktarkereso.info.

Independent petrol retailers own a fifth of Europe’s petrol filling stations

Major oil companies (ExxonMobil, Shell, BP, Total and Chevron) now own just a third of Europe’s petrol filling stations, according to the latest research from global real estate advisor CBRE.

Prologis Invites Customers to Take the ‘Green Path’ to Sustainability

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, yesterday opened its first ‘Green Path’ educational, recreational and sports area in Prologis Park Budapest-Harbor. The Prologis Hungary team planted a tree in the company’s community garden to commemorate the event.

Euro-net Expands to 58,500 Square Metres at Prologis Park Janki

Prologis, Inc., the leading global owner, operator and developer of industrial real estate today announced that Euro-net, owner of the nationwide retail chain RTV-EURO-AGD, has expanded its lease at Prologis Park Janki by 9,300 square metres to a total of 58,500 square metres in buildings 1 and 2.
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