Following its 2016 debut to the Hungarian market M7 Real Estate’s Central European Fund (“M7 CEREF”) has further increased its presence in Budapest. In March 2017 the 62,000 sq m Aerozone logistics centre near Ferenc Liszt Airport was acquired by the fund which is managed by M7 Real Estate. In what is a developing partnership, M7 Real Estate has again appointed CBRE as the property manager and leasing agent for Aerozone as it did at the previous transactions in 2016.
CTP is proud to announce the appointment of Mrs. Ana Dumitrache as co-country head for CTP Romania who will co-ordinate operations with CTP CEO, Remon L. Vos.
Prologis, Inc., the global leader in logistics real estate, today celebrated the grand opening of a 16,000 square metre small business unit (SBU) facility at Prologis Park Chorzów, which is already 60 percent leased. This is the last building to be constructed at Prologis’ largest distribution centre in Poland, totalling 251,000 square metres.
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.
Demand for industrial properties lifted significantly in Q1 2016 in Budapest industrial markets and the hegemony of BTS projects has not broken yet. In the Budapest-South submarket vacancy rate dropped to 4.4% triggering two speculative projects. CBRE was involved in multiple major leasing transactions covering 80% of the real estate agency led transactions.
Prologis, Inc., the global leader in industrial real estate, today announced that it has begun development of a 21,000 square metre speculative facility at Prologis Park Budapest-Sziget.
Prologis, Inc., the global leader in industrial real estate, today announced that it will expand Prologis Park Prague D1 East by developing two additional buildings, DC8 and DC9, totalling 10,360 square metres, for which two pre-leasing agreements have been signed prior to construction.
Prologis, Inc., the global leader in industrial real estate, today announced that it has signed a lease agreement with Linemart, a third-party logistics provider owned by Shenzhen Sailvan Network, a China-based e-commerce company, for 18,166 square metres of distribution space at Prologis Park Prague-Airport DC1. The transaction was facilitated by 108 Agency.
