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Warehouse Market News

Czech PointPark Properties named new development director

Czech logistic park developer PointPark Properties named Nora Hațegan as new development director of the company.

Prologis leases half a million sqm in CEE in H1 2013

Although the supply of modern logistics facilities remains limited in the CEE region, in the first half of 2013, Prologis completed a 7,000 square metre extension for ROHLIG SUUS Logistics in Prologis Park Janki, and began construction of three build-to-suit facilities, totaling 71,000 square metres, at Prologis Park Wrocław V.

Cluj, the district with biggets number of industrial parks in the country

Five parks already functional and another one under construction brought more than half a billion Euros investments and created over 5,000 jobs.

P3 building for DHL Express at Bratislava’s Airport

PointPark Properties has completed foundation work on a new build-to-suit distribution hub for DHL Express at the Bratislava Airport, and work is now proceeding above ground.

FDI in Romania down 19 percent to EUR 666 mln in H1

The non-residents’ direct investment in Romania, which economists say is one of the key growth drivers of the domestic economy, lost 19 percent to EUR 666 million in the first semester against the same period of last year.

Sika Romania to open testing center in Brasov

Sika Romania, a subsidiary of the Swiss specialty chemical group, will invest into a competency center for testing building materials that will serve Romania and markets in Central and Eastern Europe.

Renewals on the industrial market in Romania registered a record level

Lease renewals for logistic and warehouse have totalized in the first semester 80,000 sqm, a record level for the Romanian market, due to the large number of contracts signed in the period 2008-2009, with five years duration, according to CBRE.

Romanian logistic and industrial real estate situation at mid-2013

Industrial spaces’ developers are not building anymore but following firm contracts, the share of this type of transactions increasing in the second term from 6% to 23%.

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