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.
Cushman & Wakefield (C&W), the world’s largest privately-held commercial real estate services firm, has advised on Metro Kereskedelmi Kft.’s 4,000 sq m temperature controlled warehouse and 273 sq m office space transaction in Europolis Park Budapest Aerozone, owned by CA Immo.
Cushman & Wakefield (C&W), leading global commercial real estate adviser, promoted István Fazekas Head of Industrial Department to Associate, with effect from April 2014. István’s recent appointment to Associate is an acknowledgement of his accomplishments in the Hungarian Industrial Team. He has been leading a team of 3 since 2012 and has largely contributed to C&W’s success in the past years to become market leaders in this field as well.
Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, announced first quarter 2014 activity in Central & Eastern Europe (CEE).
Prologis, Inc. (NYSE: PLD), the leading global owner, operator and developer of industrial real estate, today published a global research paper titled, “The Growth of Logistics Real Estate: An Analysis of Demand by Leading Customer Industries.”
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, has been named the “Industrial Developer of the Year 2014” in the Central & Eastern European Real Estate Quality Awards (CEEQA) organised by CEE Insight Forum. The awards were presented at the CEEQA Gala held in Warsaw, Poland on 8 April.
Supply Chain Day takes/took place on April 10/today. For the first time it can be described as a truly international day of action, with events in a total of 18 countries. Alongside Germany, Austria and Hungary, the countries with the widest range of events are/were France and Luxembourg. But 2014 also saw the participation of companies in Turkey, China, the Czech Republic, Finland, Greece, Lithuania, Mongolia, Russia, Portugal, Spain, Switzerland, the United Arab Emirates and Vietnam.
International companies are increasingly looking to acquire industrial and logistics premises in Central Europe with the resulting rise in demand in the industrial sector. Despite these positive indicators, major regional industrial developers who have sites across CEE are following cautious development strategies, driven by built-to-suit projects with very limited speculative construction. This could result in a shortage of available industrial premises in the view of many analysts.
