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Articles - warehouse & industrial

Second closing for AEW Europe's LOGISTIS Fund

AEW Europe today announced that it has raised an additional €85 million in equity from both existing and new investors for the LOGISTIS Fund taking the total equity in the fund to €600 million. This equity raising is part of the LOGISTIS’s strategy of growing the Fund’s portfolio with a target to invest in new logistics assets in Germany and Benelux.

Industrial leasing activity up 82 pct in 2013 in Romania

Over 250,000 sqm of industrial space were leased in 2013, up 82 percent compared to the previous year but 3 percent below 2011 levels, according to CBRE Romania. Most of this (58 percent) was leased in Bucharest while the remaining 42 percent concentrated in major cities like Timisoara, Arad, Iasi, Brasov and Ploiesti.

Industrial Parks in Brasov to be privatized

In order to get money for the projects in 2014, Brasov District Council has decided the gradual privatization of the two industrial parks in Brasov, Metrom and Carfil.

Spectacular Growth of Industrial and Logistic Facilities Transactions

The area of the industrial and logistic facilities transacted in 2013 totalized 150,000-170,000 sq. m, with a spectacular growth compared to the previous year, the production companies being the most active, has declared for Mediafax Marian Orzu, the head of the industrial department within CBRE.

Pirelli to invest €105m in Romania factory

The Italian tire producer Pirelli will invest €105m to expand its Slatina factory.

Retail at the Forefront as Demand for XXL Warehouses Accelerates

The reshaping of supply chains boosted by rapid growth in online retailing is contributing to a significant increase in demand for XXL warehouses (+50,000 sq m), according to the latest research from global property advisor CBRE.

Industrial Market: the Effects of the Real Estate Spec Disappearance

The players on the industrial real estate market applied this year a safety policy, and the number of the speculative constructions was insignificant.

IKEA signs lease at Segro Logistic Park Prague

IKEA will be the first tenant to the new phase of Segro Logistic Park Prague near the Václav Havel Airport in Prague.

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