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Articles - transactions

Central Europe’s industrial real estate market accelerates

New industrial units in Central Europe are being developed at twice the rate of last year.

Prologis acquires 230,000 sqm in Central Europe

Prologis European Properties Fund II (“PEPF II”) has acquired a portfolio of around 230,000 sqm in the Czech Republic, Poland and Slovakia.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

P3 agrees €523 million purchase of Czech logistics portfolio to add 627,000 sq. m to pan-European platform

PointPark Properties (P3), the specialist owner, developer and manager of European logistics properties, has agreed to buy 627,000 m2 of logistics warehouses and associated development land in the Czech Republic from two funds advised by Tristan Capital Partners and VGP for €523 million.

Euro Insol sells MLP Bucharest Sud logistics park for EUR 14.2 mln

Euro Insol has, the liquidator of bankrupt MLP Bucharest Sud, has sold the company’s asset – the MLP Bucharest Sud logistical park – for RON 62.5 million (approximately EUR 14.2 million) to AGI-RRE Hera, according to Mediafax.

Profi rents 2,500 sqm in VGP Park Timisoara

Local retail Profi has rented 2,500 sqm for a new warehouse in a temperature controlled facility in the VGP logistics park in Timisoara, western Romania, according to Mediafax newswire.

Elefant.ro online bookstore moves to new warehouse

Elefant.ro online bookstore relocated to a new warehouse spanning over 3,000 square meters, which the company claims is the largest book warehouse in Romania.

Leoni rented 7,000 sq. m in Log Center Arad

The producer of cables for the auto industry Leoni Wiring Systems, part of the German group Leoni, will occupy nearly a quarter (7,000 sq. m) of the industrial park resulted from the reconfiguration by Immofinanz of the commercial centre Armonia Arad.

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