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BGO and Thirteen Seven have signed the first lease in Mittelweser Park. The international logistics company, ID Logistics, has committed to approximately 17,000 square metres in one of Germany’s newest, sustainability inspired logistics industrial developments. The company will occupy two units meeting WGK´s requirements, fro...
£31.5M, 37-acre project serves as a pivotal new workplace, logistics and warehouse commercial gateway to Luton and set to elevate the town onto a national platform.
Wihlborgs has signed a 20-year agreement with the food solutions company Caldic Ingredients Nordic for a new 10,000 m² facility at Galoppen 1 in Fosie, eastern Malmö. Caldic is moving production as well as offices to the facilities, creating around 90 jobs. Occupancy will take place in autumn 2025.
Isar Aerospace will establish its new headquarters near Munich in the municipality of Vaterstetten. The company has signed a contract for 40,000 sqm with the VGP Group, which will develop and build the facility for the new tenant in the Parsdorf III industrial area. The new site will house the launch service provider's produc...
Siemens Austria has renewed its contract with Apleona for the performance of integrated facility management for a total of eleven locations in Austria ahead of schedule for an additional three years with effect from October 1, 2024. A corresponding service agreement was signed at the end of March with the option of a further ...
LIP Invest signs a follow-up lease for the distribution centre in Hildesheim with the current tenant, Coca Cola. The contract runs for approximately one year, after which the beverage company will move to the surrounding area.
According to data from Colliers, a trend called Shell & Core is gaining momentum in the Czech Republic. This is a strategy where developers construct and build out industrial buildings to the stage of providing basic structures and infrastructure. However, the interior elements remain unfinished and will be completed only acc...
Chancerygate has been granted planning permission to speculatively build 82,400 sq ft of Grade A urban logistics space in Leatherhead. Called Victory Park, the development will comprise 13 leasehold units ranging from 3,000 to 19,000 sq ft. The projected gross development value is around £32m.
Trammell Crow Company (TCC) has won Invesco as a partner for its logistics property project in Neuruppin. Together they will realise the logistics centre at Core Temnitzpark. The developer obtained planning permission for the project last autumn.
With the initial ground breaking, the construction of the new Mercedes-Benz AG International Consolidation Center (ICC) in Bischweier (District of Rastatt) officially started on 25 April. This special event was celebrated by the project developer, Panattoni Germany and Mercedes-Benz along with numerous attendees and honoured ...
According to Aulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young, the total investment volume in 2024 was €364 million, the weakest first quarter result in recent years.
S Immo signed a contract for the acquisition of a portfolio totalling eight properties from Czech Property Investments, a.s. in the Czech Republic. The purchase comprises four office properties and four commercial properties with a total leasable area of around 136,000 m², a property value of around €463m and annual rental in...
VGP NV and Areim Pan-European Logistics Fund (D) AB signed the first seed closing between VGP and their 50:50 joint venture, Saga. The transaction comprises 17 logistics buildings in 10 VGP Parks. The 17 buildings are located in Germany (6 parks, 8 buildings), the Czech Republic (3 parks, 5 buildings) and Slovakia (1 park, 4 ...
Investec Real Estate has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,00...
In the first quarter of 2024, CTP signed a lease contract with logistics provider iLogistic for an additional 2,000 square metres. The company will thus occupy a total of 13,000 m2 of space in the ever-evolving BIA3 Building of CTPark Budapest West. Here, it will not only benefit from flexible services but also have the oppor...
Construction of an ultra-urban development of five warehouse units in Brixton, London, has reached completion, main contractor MCS Group announced today.
Sandyford Properties has let three vacant units at Deeside Industrial Park, near Chester, just six months after buying them. The properties, totalling 70,000 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired in September 2023 from the former owner of DRB Group.