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Related news

In 2021, industrial property rental prices will rise by up to 10% in some localities

The fourth quarter of 2020 closed the year full of changes and upcoming trends in the field of industrial real estate. Despite the impact of the pandemics, the industrial segment proved to be stable and the development of e-commerce and the digitization of the entire retail sector accelerated significantly. There is still a high demand for space on the market from investors and clients, and this interest is putting pressure on prices, which will increase significantly in premium locations in 2021.

GLP exceeded its targets by raising capital of EUR 1.6 billion for GLP Europe Income Partners II

Following its first final announcement on September 29, GLP announced that it had raised approximately an additional € 500 million for its pan-European logistics fund GLP Europe Income Partners II ("GLP EIP II"). This additional capital increases total capital commitments to approximately EUR 1.6 billion (approximately USD 2 billion), exceeding the target initially set and, once fully deployed, will allow the fund to reach a value of EUR 3.2 billion in managed assets (approximately $ 3.9 billion). Additional capital was raised from institutional investment partners in Europe, the Middle East and Asia.

SSI Technologies is expanding its production facilities in Přestanov

The VGP Group handed over storage and production facilities to SSI Technologies. These were implemented based on the company's needs to expand the current production plant in VGP Park Ústí nad Labem, Přestanov. SSI Technologies leases a production hall with a size of 6080 m2. In December 2020, it expanded by another 4,800 m2.

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