Locked content W.P. Carey buys logistics center in Opole

Real estate investment trust W.P. Carey has announced the acquisition of a 33,640 sqm warehouse and production building in Opole for €23.8 million. The newly-built facility was developed by Panattoni for Polaris Industries. The acquired scheme is designed to serve as the main European assembly and d...

Locked content P3 to build a 46,000-sqm BTS scheme for ID Logistics

P3 Logistic Parks will build a 46,230-sqm warehouse for ID Logistics. The built-to-suit facility will be located in the P3 Mszczonów park near Warsaw. Construction has already been launched and the scheme is scheduled for delivery in Q3 2015. ID Logistics said the facility will serve as a hub for a ...

Locked content SEGRO to add 10,000 sqm of speculative warehouse space

SEGRO has launched the construction of a new warehouse facility at SEGRO Business Park Warsaw in Ożarów comprising almost 10,000 sqm of space. The first tenant in the building is Eden Europe – European producer of retail shelving systems. The construction of the new warehouse started in November 201...

Locked content CBRE GI buys Warsaw logistics center for €32 million

CBRE Global Investors has acquired a 30,600-sqm distribution center in Warsaw for €32 million from a fund managed by BPH TFI. The property comprises 20,200 sqm of warehouse space and 10,400 sqm of office space. It is located in Warsaw Zone I and currently has 14 tenants. “We are very pleased with th...

Locked content PZU fund buys property portfolio

The closed-end real estate investment fund of insurer PZU has acquired a “prestigious logistics property portfolio,” the company said in a news release on Friday. The deal value was about €140 million. The portfolio consists of four logistics parks located in Wrocław, Łódź and Gdańsk. Clifford Chanc...

Locked content MLP to build warehouses for Piotr i Paweł

Industrial property developer MLP Group will build warehouses near Warsaw and Poznań for supermarket chain Piotr i Paweł, the company said in a statement on Monday. The facilities will have an area of 45,000 sqm. The 38,000 sqm warehouse in Teresin near Warsaw will be the central storage area for th...

Locked content Prologis buys 50,000-sqm logistics scheme from Invesco

Prologis European Properties Fund II (“PEPF II”) has acquired a 50,000-sqm logistics facility from Invesco Real Estate. The value of the transaction has not been disclosed. The building is 100-percent leased to Castorama. The facility has been renamed as Prologis Park Stryków II. It is located 18 ki...

Locked content Pekaes eyes takeovers

Transportation and logistics company Pekaes is in talks on the possible acquisition of sector companies in Poland and in the Czech Republic, the company’s CEO Maciej Bachman told Parkiet in an interview. “The key areas of activity, that we are developing and we still want to develop, are groupage an...