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.
Viktória Park Logistics Park - located in Üllő, in the South-East agglomeration of Budapest - has found new tenant with the cooperation of JLL. The new tenant, Orbico Hungary Ltd signed a lease agreement for 6000 sq m space including industrial and social areas. The tenant may expand in the future within the park.
Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, announced today that it has promoted four employees working in the CEE region.
In the second quarter, Prologis CEE leased nearly 520,000 square metres, an 86 percent increase over the same period in 2013. Transactions in Poland accounted for more than 57 percent of all lease agreements signed in the region.
Prologis, Inc., the global leader in industrial real estate, today announced that Prologis European Properties Fund II (“PEPF II”) has acquired two high-quality logistics facilities in Poland and Hungary from Invesco Real Estate.
Prologis, Inc. (NYSE:PLD), the global leader in industrial real estate, today released a research paper titled, “Inside the Global Supply Chain: E-commerce and a New Demand Model for Logistics Real Estate.”
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.
Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, announced today that it has signed lease agreements totalling 37,000 square metres with Raben Polska, a European provider of logistic services, at Prologis parks in Wrocław and Chorzów.
