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» Chronological View: " Logistic " «

Automotive industry to invest in logistics real estate in 2018 or 2018

Investments in logistics are being increasingly driven in the automotive parts and accessories segment by its rapid growth, as revealed in the latest report by Savills. In addition, automotive firms have considerably increased their share of warehouse and industrial space take-up in the last three years.
Monday, 4. June 2018

MLP Wrocław welcomes new tenant

A European manufacturer and distributor of dietary and nutritional supplements has leased approximately 10,000 sq metres of warehouse and office space in the MLP Wrocław logistics park. The facility is expected to be turned over to the tenant in the third quarter of the year. The space will be used for warehousing and product...
Thursday, 31. May 2018

Leroy Merlin enters the Pomeranian Logistics Centre

Leroy Merlin has leased 3,400 sq metres of warehouse space in the Pomeranian Logistics Center. "For Leroy Merlin, the excellent location of the Pomeranian Logistic Centre was the deciding factor that encouraged the company to select this space. Our client wanted the warehouse to be located near Oliwa in Gdańsk, where the comp...
Thursday, 31. May 2018

Leonardo da Vinci's Business City at Rome Airport gets under way

The new Rome Fiumicino Business City's centre, comprising 7 buildings, will include work spaces suited to different requirements and many offices will be constructed. It is designed and created by Aeroporti di Roma, which is situated side-by-side with the Terminals of international hub Leonardo da Vinci and immediately access...
Thursday, 31. May 2018

UKCPT shareholders agree REIT conversion

UK Commercial Property Trust plans to convert to a REIT July after receiving shareholder approval for the move at an extraordinary general meeting. The company will enter the REIT regime with effect from 1 July 2018. From 1 July 2018 the company's name will be changed to UK Commercial Property REIT Limited.
Wednesday, 30. May 2018

M&G Real Estate grows exposure

M&G Real Estate has invested a further €80 million in European commercial and industrial property, with the acquisition of two industrial and two retail assets in the country, made on behalf of the M&G European Property Fund managed by David Jackson and Simon Ellis. With a focus on prime real estate in core locations and with...
Wednesday, 30. May 2018

IGS Paraffin Logistics settles in the logistics park in Hamburg

IGS Paraffin Logistics GmbH is settling in the logistics park at Vollhöfner Weiden 17. The mid-size family-owned transport and logistics service provider has signed a long term lease for approximately 8,400 sqm of space in the Waltershof quarter of Hamburg. The anchor tenant is using the approximately 7,500 sqm of hall space,...
Wednesday, 30. May 2018

Hoppegarten Investment Sarl acquires development of a logistics park near Berlin

Hoppegarten Investment Sarl, accompanied by RLI Investors as part of an asset advisory mandate, acquires the development of a logistics park near Berlin. The seller is Hoppegarten Park Property GmbH & Co. KG. The purchase price is around 70 million Euro.
Tuesday, 29. May 2018

Phoenix lékárenský velkoobchod s.r.o signs long-term lease F1 warehouse

Phoenix lékárenský velkoobchod s.r.o has signed a long-term lease for a new F1 warehouse built as part of the CTPark Brno project based on the specific requirements of the pharmaceutical wholesale trader. The deal was brokered by CBRE. Phoenix lékárenský velkoobchod s.r.o will occupy an area of 12,285 sq m. The hall became fu...
Tuesday, 29. May 2018

Industrial market still on the rise

The industrial market in the country maintained its outstanding performance from 2017 into the first quarter of this year. Activity amongst tenants has driven the gross take-up to an unprecedented 1.1 million sq m. Such a beginning to 2018 gives us a reason to look forward to the rest of the year, JLL Poland summarizes the co...
Monday, 28. May 2018

Intervest Offices & Warehouses takes the next step in the Genk Green Logistics project

The Flemish Authorities and Genk Green Logistics have taken an important step in the planned redevelopment of zone B on the former Ford site in Genk into a prime, trimodal logistics location. Represented by Flemish Minister for Work and Economy, Philippe Muyters, and Vice-Minister-President Liesbeth Homans on the public end o...
Monday, 28. May 2018

Realogis sees good growth opportunities at the Frankfurt/Rhine-Main logistics location

Realogis Frankfurt expects a significant portion of the total revenue is expected to come from the Frankfurt business by 2020. “Revenue of significantly over €10 million with an increase in turnover of more than 20% is the aim this year already,” said Umut Ertan, Founder and Partner of the Realogis Group.
Monday, 28. May 2018

Union Investment acquires planned logistics property in Rheinhessen region

Union Investment has acquired a logistics centre currently under construction and comprising 63,000 sq m of rental space in Monsheim near Worms, in Rhineland-Palatinate. Completion of the property is scheduled for the end of 2018. The vendor and future user is Pfenning Logistics GmbH. The logistics service provider will initi...
Friday, 25. May 2018

Frasers Property acquires new FrieslandCampina distribution centre

Frasers Property Limited has announced today that it acquires through its wholly owned subsidiary, Frasers Property Investments (Europe) B.V., a logistics warehouse located in Meppel. The warehouse has a total lettable area of approximately 31,000 sqm and has been developed by District54. The warehouse was completed in May 20...
Friday, 25. May 2018

Total volume of industrial space exceeds the 7 million sqm mark

Prague is still the largest sub-market in the Czech Republic, but a great deal of attention is also being paid to the border areas. In Q1 2018, almost 25% of all new industrial supply in the first quarter was delivered in the Karlovy Vary Region for example. These include Panattoni Park Cheb and CTPark Aš, which together brou...
Friday, 25. May 2018

Logicenters develops new distribution center in Ishøj

Logicenters will be developing a new facility at Vejleåvej 11, Ishøj just outside of Copenhagen. A contract has been signed with Havi Logistics which will be leasing 4,500 sqm. Logicenters is looking for tenants for the remaining 8 900 sqm which is currently vacant. The development is scheduled to be finished by April 15, 201...
Thursday, 24. May 2018

Aberdeen Standard Investments invests €19 million in Waalwijk

The Standard Life Investments European Property Growth Fund has exchanged contracts with Dutch developer, Roozen & Van Hoppe Bouw Ontwikkeling B.V., to forward purchase a 26,932 sq m logistics centre development for c. €19 million in Waalwijk.
Thursday, 24. May 2018

Investor appetite for commercial real estate undiminished in Europe

The European real estate market is still going strong, with cities like Amsterdam, Berlin, Frankfurt and Paris leading the way, according to RICS' quarterly Global Commercial Property Monitor. When it comes to international hubs such as New York, Dubai and Shanghai, most respondents to RICS’ survey believe business shows sign...
Thursday, 24. May 2018