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Articles - JLL

Prologis Acquires 230,000 Square Metres in Central Europe

9/9/14

Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced that Prologis European Properties Fund II (“PEPF II”) has acquired a portfolio of approximately 230,000 square metres in the Czech Republic, Poland and Slovakia.

New tenant to move to Viktória Park

8/27/14

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.

Limited move to speculative logistics development in CEE

3/11/14

A continued recovery in the CEE industrial sector is expected with increasing demand and low vacancy. Although the major international industrial developers have sites across the region, they are still focusing speculative development on Poland and Western Europe. Development activity in CEE is driven by built-to-suit projects with limited speculative investment.

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