Prologis continues to grow in Europe and introduces organizational changes to increase efficiency. Martin Baláž, previously senior vice president and country manager for the Czech Republic, Slovakia and Hungary, has been appointed as one of the four new Heads of Asset Management, making him responsible for Prologis' operations throughout Central Europe.
Following the issued zoning decision, the company has now applied for a building permit. The start of construction is planned for 2024. The first tenants could start moving into the new premises in 2025.
The company Panattoni continues construction work near the village of Plavecký Štvrtok as part of the second stage of the construction of Panattoni Park Bratislava North. It is implemented in cooperation with the real estate fund BHS Real Estate Fund SICAV.
CTP Group, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area, ended 2023 with a total of 11.8 million sqm of gross lettable area. CTP’s portfolio in Slovakia grew to 881 thousand sqm of gross lettable area. With a total industrial real estate market share of over 19%, it is the largest industrial developer in Slovakia. During the year, CTP concluded lease agreements for a record 211 thousand sqm in Slovakia. It also boasts an occupancy rate of 98.4%.
In the newly created division, all groups and resources focused on mobile robots, automatic storage solutions (ASRS) and warehouse equipment will be brought together.
Industrial real estate developer P3 is expanding its base of long-term tenants. The trio of logistics clients have been using the benefits of the parks for more than 11 years.
The results, together with the recommendations, will serve to further improve measures for effective rainwater management in other industrial parks throughout the Czech Republic.
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