Prologis, Inc., the global leader in logistics real estate, today announced that it has completed the construction of a 22,200 square metre build-to-suit (BTS) facility for Arvato Polska leader in terms of complex outsourcing services at Prologis Park Stryków. CBRE facilitated this transaction.
The European industrial and logistics investment market experienced a record breaking H1 investment volume this year, despite a slower Q2. In Hungary, the vacancy rate slipped to 6.6%, and developers’ activity is on the rise according to the latest research data of CBRE.
Within the framework of this year's second-largest lease transaction, FM Logistic extended its contract and increased its rental area at the M0 Central Business Park. With the new 21,170 square meters total area lease - supported by property consultant CBRE - the industrial park is now completely full.
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.
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, 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.
Prologis, Inc., the global leader in logistics real estate, today announced that it will deliver an additional 20,500 square metre facility for Mall.cz, an online consumer goods and electronics store, at Prologis Park Prague-Jirny. The building is scheduled for completion in the third quarter of 2016.
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.
