Prologis, Inc., the global leader in logistics real estate, today announced it has signed a lease agreement with its first customer at the recently acquired Prologis Park Pilsen II.
According to Colliers International’s EMEA Industrial & Logistics Hubs report, demand for industrial and warehouse property rose in 50% of EMEA markets in 1H 2018, up from 35% in 2H 2017, driven by positive occupier sentiment, and despite challenges in the overall economy such as protectionism fears and trade tensions between the US and close trading partners in the EU.
Although nearly 120,000 square meters of new industrial / logistics space was delivered in 2017 - almost the double of the figure delivered in 2016 - it may still occur that by the end of the year the available warehouse units with 5,000 square meters space will disappear from the Budapest market and its surrounding area, according to Colliers International's latest industrial property market report.
Prologis, Inc., the global leader in logistics real estate, today announced full-year 2017 activity for its business in Central and Eastern Europe (CEE).
CTP Invest is proud to have placed first in the Warehouse Developer category at the Hungarian & Balkans Real Estate Awards. CTP was nominated alongside the best companies, buildings and industry professionals across international markets.
Prologis, Inc., the global leader in logistics real estate, picked up two prestigious wins at the 2016 Eurobuild CEE Awards.
Prologis was named “Warehouse Developer of the Year, CEE” and “Best Warehouse Manager of the Year, Poland” at the 2016 Eurobuild CEE Awards gala held 6 December at the DoubleTree by Hilton Warsaw Hotel. More than 900 real estate professionals from across Europe and the CEE region attended the event.
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.
