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
Zsuzsanna Hunyadi, Prologis Hungary’s leasing and customer experience manager, believes the logistics market has undergone explosive development over the last year and that, despite warehouses operating with almost 100% occupancy, forward-thinking logistics space providers must continually seek out the cornerstones of long-term success.
NIPÜF Group has completed its latest warehouse development in its Pécs industrial park. A long-term lease agreement had been signed for the facility, which comprises nearly 11,000 square meters. The investment volume exceeded HUF 2.5 billion.
Over the second quarter Prologis turned in a strong result both globally and in Europe, despite ongoing uncertainty due to the COVID-19 pandemic.
Prologis, the global leader in logistics real estate, reported its first quarter 2020 earnings results on April 21, 2020. The company’s leadership team noted that it had entered the COVID-19 period in a position of strength, with significant liquidity and borrowing capacity.
The stock of modern logistic properties expanded by 64 thousand square metres, thanks to the handover of five new halls in 2019.
In line with its commitment to sustainability, environmental friendliness and high quality, CTP has been working to reduce energy consumption for years. The company has won a great recognition recently with its industrial property CTPark Budapest West BIA2 awarded BREEAM In-Use „Excellent” rating.
The title of Prologis’ latest report, Staying Ahead of Customer Needs, adequately summarizes the progress the company made in the critical areas of environmental stewardship, social responsibility and governance (ESG) in 2018.
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