The Faedra22 Business and Industrial Park is handed over and fully leased
According to the plans, the nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the summer of 2023
Articles
News, interviews and testimonials from the warehouse market
The town of Polgár awarded the ‘Honorary citizen’ title to Dr. István Székely, founder of Infogroup
The title is the recognition of the work that Dr. István Székely has done for the town of Polgár via the development of Polgár Industrial Park - now IGPark Polgár - over three decades
The development of the LogiCube Park is continuing with the second phase
In September, the construction of the second phase of the 21,000 sqm logistics park, which will be built in four phases, will continue
Infogroup builts for JABIL in Tiszaújváros
JABIL expands its warehouse and production capacity with a hall built by Infogroup
Volvo Trucks, IKEA Industry and Raben Group continue their journey towards zero-emission freight transport
In 2022, Volvo Trucks, IKEA Industry and Raben Group signed a cooperation agreement on zero-emission heavy transport. Less than 12 months after handing over the first electric truck in Poland, Raben Group's fleet of vehicles increased by two more electric trucks to serve IKEA Industry.
The Budapest Research Forum (BRF) sets out below its Q2 2023 industrial market snapshot.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) sets out below its Q2 2023 industrial market snapshot.
ExCEEding Borders - Manufacturing and warehousing sector in CEE-12
The Industrial & Logistics (I&L) property sector has continued to thrive since we presented our first ExCEEding Borders I&L report in 2020. The total I&L stock for the CEE-12 region has grown to exceed 65 million sqm, with 25 million sqm situated in and around the 12 capital city markets.
NEPI Rockcastle Strides into Q1 2023 as Net Operating Income up 27% to €120 mln, Robust Growth in Sales, Footfall and Spend
NEPI Rockcastle (NRP.AS) (JSE.NRP), Europe’s third largest listed owner, developer and manager of retail properties by portfolio market value at €6.6 billion, and the largest in Central and Europe, generated a 27% rise in net operating income (NOI) in the first quarter (Q1) of 2023 versus Q1 2022, to €120 million. The sharp uptick in performance extends the trend that was accelerating through 2022 and was driven by higher base rents, tight management of operating costs and an €8.8 million contribution from the three acquisitions - Forum Gdansk Shopping Center, Copernicus Shopping Centre, 50% of Ploiesti Shopping City - made by the Group in the second half (H2) of 2022. The increase in NOI was 17% on a like-for-like (LFL) basis.
