7R, a developer specialising in the construction of high-quality warehouses, has established a cooperation with Totalizator Sportowy, which has leased over 7,000 sqm of space in one of the developer’s warehouse parks. Totalizator Sportowy is one of Poland’s largest companies, operating continuously for over 67 years. It is the owner of, among others, the LOTTO brand […]
According to Savills latest European Logistics Outlook, take-up of industrial & logistics space across the continent totalled 37.5 million sq m in 2022. Despite ongoing economic uncertainty, this signifies a fall of only 6% on 2021’s total of 40.2 million sq m, which was a record high for the sector. Following what was also a […]
In 2022, the Polish industrial and warehouse market maintained its solid growth momentum despite headwinds such as project financing constraints and rising occupancy costs. The expected decline in new supply and shrinking land availability are likely to result in a supply gap in the space of the next year or so, says real estate advisory […]
Euro Logistics, a provider of integrated logistics solutions, has leased close to 2,700 sq m of warehouse space in Panattoni Park Janki IV near Warsaw. The tenant was advised on the transaction by Savills. Euro Logistics has a strong track record in freight forwarding by road, providing both FTL and LTL shipping. During the leasing […]
Bartosz Czuba, a seasoned expert in industrial real estate, has joined the Industrial Services Hub of real estate advisory firm Savills with responsibility for the Upper Silesia region. Bartosz Czuba has been appointed as Associate in Savills Industrial Agency. Bartosz specialises in tenant advisory in Upper Silesia, Subcarpathia and Krakow. Prior to joining Savills, he […]
Logistics market enters a period of ‘price discovery’ €42bn invested into industrial & logistics assets so far in 2022, 50% above the five-year average In Q3 2022 average prime yields rose to 26%, up 20bps since Q1 2022 Consumer spending to slow in 2023 but grow by 6% over the next two years According to […]
According to a survey conducted by Savills involving real estate investors with total EME assets under management exceeding €500bn, European multifamily, big box logistics, urban logistics, CBD offices and student housing are the top five sectors that investors are looking to invest in over the next 12 months. When asked about their strategy going forward, […]
Real estate advisory firm Savills has further strengthened its advisory services offering in sale and acquisition of land for industrial and warehouse projects with the appointment of Rafał Bochenek to its Industrial Services Hub. Rafał Bochenek has been appointed to the position of Associate Director, Land Acquisition Manager. At Savills, he will work closely with […]
Almost €30 billion invested into European logistics assets in H1, up 9% y-o-y In H1, take-up of warehouse space in Europe reached approximately 20 million sqm, up by 12% y-o-y. Average vacancy rates are now at a record low of 9% Record vacancy rates have driven headline rents up by an average of 2% y-o-y Any uncertainly around the future of Europe’s […]
Real estate advisory firm Savills has strengthened its Industrial Services Hub in Wrocław, Lower Silesia, with the appointment of Małgorzata Włochal, who will be responsible for integrated advisory services to warehouse tenants, developers and landlords. Małgorzata Włochal has joined Savills Industrial Agency as Associate. She is an experienced manager focusing on investor clients in Lower […]
According to Savills, investment into the European logistics sector has again remained strong so far in 2022, reaching €14.3bn in the first quarter, following a record year in 2021. A shortage of prime stock has driven up prime warehouse rents, with significant increases observed in London (+20%). In Poland, the highest rental levels have been […]
