The park is a fully leased logistics and distribution complex with an area of 90,000 square meters. The complex consists of two class A buildings, completed in early 2023.
Warehouses De Pauw has announced the launch of the development of a distribution center of around 32,000 square meters in WDP Park Bucharest – Stefanesti for FAN Courier Group.
Intercity bus company TOKS has acquired a 42,000-square-meter territory and 6,000 square meters of commercial and administrative buildings in Vilnius from SIRIN Development.
Estonian developer Restate has sold a commercial plot in the greater Tallinn area to Bidfood. It will also develop a 10,000-square-meter logistics center for the property owner.
The new building is part of the wider expansion of CTPark Blucina, located 8 kilometers south of Brno on the D2 motorway towards the Slovak capital, Bratislava.
CTP Hungary has announced it signed a lease agreement with BYD Electric Bus & Truck Hungary Kft. with the later taking possesion of a 5,000 square-meter industrial property in CTPark Komarom.
According to the company, the first stage involves the construction of a hall with an area of over 33,000 square meters, which is scheduled for completion in the fourth quarter of 2025.
Hillwood has announced Pro-Logis has joined the group of tenants at the Hillwood Lowicz Poludnie park by occupying almost 10,500 square meters of space.
Panattoni has secured a EUR 20.2 million loan from BNP Paribas Bank Polska to build a third hall at Panattoni Park Gdansk West II in Pomerania, Poland.
Global Vision has announced that it will built a new production facility for Diehl Aviation in the Craiova Business Park in Craiova, Romania, and that Diehl Aviation has signed a lease to move in.
Panattoni has completed construction of a built-to-suit facility in Szczecin, Poland, that will serve as a distribution center for an unidentified international non-food discount retailer.
CTP N.V. has announced the successful signing of a 5-year EUR 500 million unsecured syndicated sustainability-linked loan facility at a fixed all-in cost of 3.7%.
Panattoni has secured EUR 10 million in financing from Santander Bank Polska to build the second stage of City Logistics Warsaw Airport IV, an urban logistics park near Warsaw Airport.
The EUR 22 million loan will enable the second and third stages of the park – a modern BTS facility and a 28,000-square-meter speculative hall — to be completed.
Panattoni is reporting that it obtained WELL Certification at the Gold level for the office space within the BTS project it prepared for a global automotive company in Gliwice, Poland.