In Central Europe there is now almost 18 million sq m of modern industrial space for leasing, while ten years ago that figure was just 4.6 sq m. This volume is approaching the same levels as large Western European markets such as Germany, which currently has around 22 million sq m. These are the findings of Cushman & Wakefield’s Central European Industrial Team.
Cushman & Wakefield (C&W), leading global commercial real estate adviser, promoted István Fazekas Head of Industrial Department to Associate, with effect from April 2014. István’s recent appointment to Associate is an acknowledgement of his accomplishments in the Hungarian Industrial Team. He has been leading a team of 3 since 2012 and has largely contributed to C&W’s success in the past years to become market leaders in this field as well.
A total of 690,000 sq m of modern manufacturing, logistics and warehousing premises was developed in Central Europe in 2013 representing an investment of more than 330 million euros and creating around 3,700 new jobs in the region. These figures were released today by Cushman & Wakefield, the world’s largest privately-owned real estate adviser.
The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum. No newly completed building came on line in the first three months of the year, just as was the case for the first three quarters of last year.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate today announced that Euro-net, owner of the nationwide retail chain RTV-EURO-AGD, has expanded its lease at Prologis Park Janki by 9,300 square metres to a total of 58,500 square metres in buildings 1 and 2.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, has announced four promotions within the Central and Eastern Europe region.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate today announced its results for the Central and Eastern Europe (CEE) market during the first half of 2013.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that the CCC Group, the largest footwear manufacturers and the leader in the Polish shoe retail market, has renewed its 10,900 square metre leasing agreement at Prologis Park Wrocław IV.
