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Logistic

M7 continues to drive rents at latest refurbishment project in North Dublin

M7 Real Estate has signed a new 15-year lease with Sixt Car Rentals for c. 17,000 sq ft of newly refurbished space at B2 Airport Business Park in Santry, North Dublin. The car rental company, which is popular with tourists, adds to M7's list of occupiers within its growing Irish portfolio following a competitive bidding process.
Thursday, 18. April 2024

GLP expands German portfolio with logistics facility in Philippsburg

GLP has acquired a c.116,000 sqm warehouse in Philippsburg, in the Karlsruhe metropolitan area. The site is centrally located in the Rhine-Neckar region between Frankfurt and Stuttgart, two of the most economically dynamic business centres in Germany. The region's thriving chemical, pharmaceutical and automotive industries, u...
Wednesday, 17. April 2024

Wihlborgs lets 4,800 m² at Ideon in Lund

Wihlborgs has signed leases with two companies for a total of 3,800 square metres at Cube (Nya Vattentornet 4) on Mobilvägen in Lund. A public sector tenant will move in to 1,000 square metres in the neighbouring property Bricks (Nya Vattentornet 3).
Wednesday, 17. April 2024

Panattoni completes BestSecret logistics unit

Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a leading European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.
Wednesday, 17. April 2024

CTP leases 22,500 sqm to Quanta Computer in Germany

CTP has signed a deal with Quanta Computer Inc., a leading Taiwanese company that manufactures computers and electronic hardware, for a high-tech pioneering 22,500 sqm production facility at CTPark Jülich in the Brainergy Park Jülich in northwest Germany. Quanta is further expanding its global footprint in producing state-of-...
Tuesday, 16. April 2024

Swiss Life AM completes logistics project „Zwickau North“

Nine months after the start of shell construction, Swiss Life Asset Managers has completed the development of the „Zwickau North“ logistics centre, which covers an area of more than 22,500 square metres. The ultra-modern and sustainable new building is ready for occupancy and available immediately.
Tuesday, 16. April 2024

FMC extends lease at Prologis Park Poznań

Medical company Fresenius Medical Care S.A. has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań. Fresenius Medical Care was represented in the transaction by real estate advisory firm Newmark Polska.
Tuesday, 16. April 2024

Uniq Logistic stays in Kutno

Uniq Logistic, a full-service logistics operator, has extended its lease agreement at the Kutno Logistics Centre. The tenant will continue to use nearly 2,500 sq m of warehouse and office space. The renegotiation project was directed by operations director Jonasz Galicki, with consulting services supplied by AXI Immo's Hubert...
Tuesday, 16. April 2024

BIK Park Sosnowiec II is now BREEAM-certified

BIK Park Sosnowiec II has successfully passed the BREEAM certification at the “Very Good” level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych (BIK) S.A. - went through the same assessment process. BIK S.A. was advised on the BREEAM certification by Cushman & W...
Tuesday, 16. April 2024

Wihlborgs lets 3,300 m² to Region Skåne in Malmö

Wihlborgs has signed an eight-year lease with Region Skåne who is co-locating Hjälpmedelsverksamheten to the Sufflören 4 property in Hyllie. The property, which was acquired just over a year ago with a high level of vacancy, is now fully let.
Monday, 15. April 2024

Panattoni delivers City Logistics Krakow Airport II

Panattoni has built another investment in Lesser Poland. City Logistics Krakow Airport II is located near the Krakow-Balice International Airport, where a new cargo terminal is being constructed. The facility is suitable for e-commerce and last-mile logistics. The investment was made on a speculative basis and already has its...
Friday, 12. April 2024

Clarion acquires logistics property in Venlo from Patrizia

Clarion Partners Europe has completed the acquisition, on behalf of one of its co-mingled funds, of a 41,304 sqm Grade-A logistics property in Venlo, The Netherlands, for €47.4 million, from Patrizia SE. It takes Clarion Partners Europe's total deployment in The Netherlands to €222 million in 2024, in what continues to be one...
Thursday, 11. April 2024

C&W Echinox appoints Stefan Surcel as Head of Industrial Agency

Cushman & Wakefield Echinox has appointed Stefan Surcel as Head of Industrial Agency. In his new role, he will coordinate the activity of the company's Industrial department and will focus on further developing the existing relationships with strategic clients and also on identifying and creating new market opportunities.
Thursday, 11. April 2024

Madison and StoneVest acquire light industrial property near Berlin

A joint venture between StoneVest AG and an entity managed by Madison International Realty have acquired a light industrial property south of Berlin, Germany, from KWC Aquarotter GmbH. The asset, which comprises 15,500 sqm of warehouse and office space, has been acquired via a sale and leaseback transaction, with KWC Aquarott...
Thursday, 11. April 2024

Arrow acquires industrial asset in Dublin

Arrow Capital Partners has acquired an 88,000 sq ft logistics asset in Dublin for €7.5 million. The acquisition was made for Arrow‘s €3 billion SIRE (Strategic Industrial Real Estate) joint venture with Cerberus. The asset comprises two interconnecting units of 41,348 sq ft and 46,621 sq ft. Both units are let on a long-term ...
Thursday, 11. April 2024

Segro reaches full occupancy in its Park Rainham

Segro Park Rainham has reached full occupancy following the agreement of a new lease with Wolseley. The tenant has agreed to occupy 27,783 sq ft of urban warehouse space across two units at the development. The company will join a diverse range of occupiers including Transport for London and London Ambulance Service.
Thursday, 11. April 2024

Barings completes sale of logistics asset in Gothenburg

Barings has completed the sale of a logistics asset in Gothenburg to clothing retailer Kappahl Group for SEK 600 million (€53.9m) on behalf of a pan-European core strategy. The property at Arendal 13:2 comprises one main building totalling 33,200 sq m of lettable area and offers modern high-quality technical specifications in...
Thursday, 11. April 2024