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.
According to CBRE’s ‘CEE Market Outlook’ 2016 is set to be a solid year on the back of an exceptional 2015 which saw records broken in almost every real estate sector. Growth will be a key theme in the region in 2016 as economic recovery happens at a quicker pace than in Western European countries.
Almost twenty million square metres of modern industrial leasehold are currently available in Central Europe. So strong is the interest on behalf of occupiers that the share of available space has dropped to a historical low of 5.7 per cent. To compare – the share of available office spaces is double that amount (12 per cent). The information comes from findings by Cushman & Wakefield, which has been monitoring the industrial property market in the Czech Republic, Poland, Hungary, Romania and Slovakia over an extended period.
CBRE announced that Bernadett Sallay joined the world's leading property advisor’s Hungarian team. Bernadett Sallay joined CBRE Hungary as a Senior Advisor for Industrial Properties. She comes from FM Logistic where she worked as key account manager.
According to CBRE the pace at which the industrial & logistics (I&L) market is evolving is by far the most significant across all traditional real estate asset classes. The surge in activity is driven by both changing occupational as well as investment market related factors. Across Europe, investment in the industrial segment was up by 50% during 2013 - and with that the sector with the highest growth rate year-on-year.
CBRE has revealed six key Industrial and Logistics (I&L) trends to watch in 2014, with increased investment, consumer delivery demands from online retailing, supply chain efficiency, and the development of emerging markets all set to impact the sector.
