Lagermax Logistics Croatia has completed its third logistics warehouse at its Luka headquarters near Zagreb. The new facility increases total storage capacity to 60,000 square metres. Additionally, sister company Lagermax Autotransport has expanded its site to accommodate 1,200 more vehicles. The newly built facility achieved the highest BREEAM sustainability rating of Excellent for its energy efficiency and resource conservation.
Hines has acquired the 317,000 square foot Heathrow Logistics Park from Blackstone on behalf of its European Core Fund. Located near the main cargo gate of Heathrow Airport, the fully leased asset spans 15.4 acres and expands the European logistics platform of the investment firm beyond its previous €5 billion baseline.
Logistics real estate specialist ESR has expanded its partnership with Mitsubishi Estate Asia through a new joint venture in Western Sydney. The deal will fund a premium 700 million Australian dollar industrial estate spanning 18.3 hectares in Huntingwood. Construction is slated to begin later this year, delivering up to 114,005 square metres of modern warehousing space to address exceptionally low vacancy rates in the region.
CTP has signed a major expansion deal with Leroy Merlin Romania for a 48,500 sqm distribution centre at CTPark Bucharest West. The custom-built facility is currently under construction and is expected to be delivered by February 2027. This partnership strengthens the park’s position as Europe’s premier industrial hub while supporting the retailer’s growing logistics and supply chain requirements across the Central and Eastern European region.
ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
Aldar has acquired a major industrial and logistics portfolio in Abu Dhabi for AED 650 million from AD Ports Group. The deal involves 163,000 square metres of warehouse space within the KEZAD Al Ma’mourah cluster. This move brings Aldar’s total logistics portfolio to over 700,000 square metres as the company continues to capitalise on the high demand for trade and manufacturing hubs in the UAE.
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