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Articles - CBRE

20,750Square MetresLeased to GEHungary

Prologis, Inc., the global leader in industrial real estate, today announced it has signed a lease agreement for 20,750 square metres at Prologis Park Budapest–Gyál with GE Hungary.

BRF Q3 2014 industrial market data

The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q3 2014 industrial market data. In Q3 2014 the size of the modern industrial stock in Budapest and its surroundings remained unchanged totalling 1,848,100 sq m.

Industrial Investment Reaches Highest H1 Total Since 2007

A total of €8.7 billion was invested into European industrial real estate during H1 2014, a 25% increase versus H1 2013, and the highest first half total since 2007. New data from global real estate advisor CBRE also shows that industrial property now makes up 10.3% of the real estate investment market, up from 9.5% in 2013.

CBRE advises on sale of Europe’s most geographically diverse logistics portfolio

CBRE has advised on the successful sale of the 19-asset Curve Portfolio on behalf of SEB for approximately €350 million to global investment firm, Blackstone and to market leading investment fund management house, Tritax. This is the most geographically diverse logistics portfolio ever sold in Europe.

Gebrüder Weiss Expands at VGP Park Győr

The logistic service provider enlarged its base with nearly 2,300 sq m at VGP Park Győr. After renting 1,335 sq m of logistics and 116 sq m of office space last year, one of Hungary's leading logistics companies, Gebrüder Weiss has signed a further 2,181 sq m of industrial and 118 sq m of office space in VGP Park Győr.

CBRE promotes Joerg Kreindl to Head of Industrial and Logistics CEE

Joerg has coordinated the CEE Occupier Services business lines out of the Warsaw office for the last three years and has worked on transferring CBRE teams to an integrated platform. He will now focus solely on the expansion and relocation of large-scale industrial occupiers in the CEE.

Fundamental changes in consumer demand and investor interest drive warehouse market to new heights

According to CBRE the pace at which the industrial & logistics (I&L) market is evolving is by far the most significant across all traditional real estate asset classes. The surge in activity is driven by both changing occupational as well as investment market related factors. Across Europe, investment in the industrial segment was up by 50% during 2013 - and with that the sector with the highest growth rate year-on-year.

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.
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