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» Chronological View: " Logistic " «

German commercial investment volumes expected to exceed €50bn

Properties in the German commercial property investment market changed hands for approximately €24.2bn in the first half of the year, according to Savills. “There is still no significant downturn in the commercial investment market on the horizon for the time being, even in the eleventh year of the supercycle,” says Marcus Le...
Friday, 19. July 2019

Savills IM buys four properties in Belgium and Germany

Savills Investment Management (Savills IM) has acquired a seven-storey office property in a prime location in Brussels, for its Savills IM European Commercial Fund (ECF) from Alides REIM NV. The property, completed at the end of 2016, is located in the European District, the largest and most sought-after office market in the...
Friday, 19. July 2019

Moje Bambino purchases new production facility from Mondi

Moje Bambino has purchased a new production plant in Kutno. The modern facility with almost 11,000 sq m is located in the Łódź Special Economic Zone. The company will produce furniture and equipment for schools and kindergartens in the new plant. AXI Immo brokered the property purchase transaction.
Thursday, 18. July 2019

Panattoni Park Lublin II with 84,500 sqm gets underway

Panattoni Europe invests €30,5 million (PLN 130 million) in Eastern Poland again. The developer has already created its second distribution centre in the Lublin region. Panattoni Park Lublin II features more than 84,500 sqm at full build-out. Its first tenant is an automotive enterprise – Varroc Lighting Systems, which will b...
Thursday, 18. July 2019

Demand of logistic firms for Moscow region warehouses reaches record level in H1 2019

The H1 2019 take-up volume in the Moscow region increased by one-third YoY and reached 854,000 sq m of which over 500,000 sq m transacted in Q2 2019, according to JLL. The demand of logistic companies has grown the most significantly. The share of logistics in the take-up structure has risen to 31% from 14% in 2018, deals vol...
Thursday, 18. July 2019

M7 sells Aerozone Logistics Park in in Budapest

M7 Real Estate has sold the Aerozone Logistics Park in Budapest to a South African investor, JTRoss Group on behalf of M7 Central European Real Estate Fund I (M7 CEREF I).
Thursday, 18. July 2019

Barings acquires fully let grade a logistics asset in Toulouse

Barings announces the off-market acquisition of a new Grade A logistics asset in Muret, Greater Toulouse, from developer, Vectura, on behalf of institutional clients for a core investment strategy. The asset manager has also entered into a binding agreement to forward fund the development of a 23,000 square meter extension of...
Thursday, 18. July 2019

Arrow Capital Partners to invest €2bn in European logistics

Arrow Capital Partners has partnered with one of the leading North American private equity investors in Europe to acquire a €2bn European industrial and urban logistics portfolio. The Strategic Industrial Real Estate (SIRE) will invest in core-plus industrial and logistics assets yielding more than 5% as well as vacant assets...
Wednesday, 17. July 2019

£4.5 million business park development gets underway

Morris Property has started work on a £4.5m office and industrial park in Shropshire to attract jobs and investment to the thriving location, property consultancy Lambert Smith Hampton has announced. The development at Hadley Park, Telford, - named Access442 as it has a prominent frontage onto the A442 - will provide 63,000 f...
Tuesday, 16. July 2019

BNP Paribas Real Estate acquires French supply chain management expert traker

BNP Paribas Real Estate has stepped up its sector diversification strategy with the creation of a new service line: “Logistics and Supply Chain Consulting”. The move supports the business’ long-term ambition to increase its service offer for logistics assets, in which clients are showing a growing interest.
Friday, 12. July 2019

Cresa announces two logistics lettings in Wrocław and Błonie

The real estate advisory firm Cresa has advised the electronic retailer Media Expert and Arteria Logistics, a supplier of innovative logistics management solutions for electronics and homes appliances, on two lease agreements in Wrocław and Błonie.
Thursday, 11. July 2019

Take-up of 123,300 m² is the weakest result of the last five years in Hamburg

Despite high demand, the important German logistics market Hamburg posted the weakest result of the last five years with take-up of 123,300 m², according to the latest half-year report by the property consulting company Realogis. Whereas 72% (88,700 m²) of the total take-up of rental space for logistics, commerce and industry...
Thursday, 11. July 2019

Leipzig/Halle Airport buys multifunctional building from Commerz Real

Flughafen Leipzig/Halle GmbH has purchased a multifunctional building on the airport grounds from the Commerz Real closed-end real estate fund CFB 113 for approx. 5.8 million euros. Thus, the company, which has leased the property with a floor space of 3,990 m² since 1997, has made use of its purchase right after 22.5 years. ...
Thursday, 11. July 2019

Delin Capital enters Spanish logistics market

Delin Capital Asset Management to announce the acquisition of a logistics development site, located in Alcala de Henares, 35 kilometres east of Madrid. The transaction was Delin’s first in Spain, a market characterised by an undersupply of high-quality logistics space and rapidly growing e-commerce penetration.
Thursday, 11. July 2019

Solid first half of take-up in Dublin's industrial & logistics market

CBRE Ireland have today released figures for the volume of transactional activity achieved in the Dublin industrial & logistics sector during the first half of 2019. According to CBRE, 173,252 m² of take-up was recorded in the Dublin industrial & logistics market during the first half of 2019, up almost 60% on the same period...
Monday, 8. July 2019