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Warehouse Market News

Prologis Park Budapest-Sziget DC7 Secures First Customer

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed a new lease agreement for 4,800 square metres with Inter Cars Hungária, the largest passenger and truck parts dealer in Central and Eastern Europe, at its DC7 building now under construction at Prologis Park Budapest-Sziget. International real estate services firm CBRE facilitated the transaction.

Sportisimo Expands to 58,100 Square Metres at Prologis Park Prague-Rudná

Prologis, Inc., the global leader in logistics real estate, today announced that it will deliver a 34,200 square metre build-to-suit distribution facility at Prologis Park Prague-Rudná for Sportisimo, a Czech sporting goods retailer.

OTP Real Estate Investment Fund has acquired a 35-thousand-square-metre logistics property

Within two months the OTP Real Estate Investment Fund has already added the second logistics property to its portfolio. The 35-thousand-square-metre warehouse complex is located in South-Pest, within the Gyál Business Park, near the M5 motorway and several multinational companies. This has been the biggest transaction of the OTP Real Estate Investment Fund so far in terms of gross floor area.

Prologis Starts 42,000 Square Metre Development in Central Poland

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed a 42,170 square metre build-to-suit (BTS) agreement with Agata at Prologis Park Piotrków II in Poland. Real estate agency CBRE facilitated the transaction.

Prologis CEE Employees Make an IMPACT on Their Communities

Prologis, Inc., the global leader in logistics real estate, today announced that its employees from Central and Eastern Europe spent Friday, May 20, participating in IMPACT Day, the company’s fourth annual global day of community service.

Arvato Takes More Space in Prologis Park Błonie

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed lease agreements with arvato Polska for 30,835 square metres at Prologis Park Błonie. The transactions include a lease renewal for 22,510 square metres and a new lease for 8,325 square metres of additional distribution space.

Prologis Park Prague-Airport Fully Let One Year After Completion

Prologis, Inc., the global leader in logistics real estate, today announced that it has signed a lease agreement with Bonami, a Czech e-commerce homewares retailer, for 5,795 square metres at Prologis Park Prague-Airport DC1.

Property Investment volumes slightly down in CEE, but recovery expected in the coming quarters

Investment into Central and Eastern European (CEE) countries (excluding Russia) for Q1 2016 registered a slight decrease (6%) compared to same period of last year, reaching €1.84 billion. Expectations are that for the entire year, investment volumes will reach and exceed the record volumes of 2015, with all CEE countries expected to perform strongly.