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Construction of the first hall in Panattoni Park Ostrov has started. The first tenant will be Amphenol Tuchel Industria

For several decades, trolleybuses for the entire eastern block were manufactured here. Then, for a long time, the site became one of the largest brownfields in the Czech Republic. And today, the construction of the first hall of the modern Panattoni Park Ostrov North was inaugurated here. Panattoni is constructing the first 20,000 m2 hall, part of which will be occupied directly by Amphenol Tuchel Industrial, the world's leading manufacturer of electrical connectors, smart card readers and cable harnesses.

In industrial development, an enormous number of projects are under construction

Rising prices of building materials and energy, rising land prices for new construction, a lack of key components to ensure continuous production or a lack of manpower are plaguing the industrial sector in the Czech Republic. The solution in the area of availability of industrial real estate seems to be the optimization of operation and the increasingly frequent investments of many companies in the automation of routine activities.

Accolade refinanced the Czech and Polish industrial real estate portfolio for more than eur 200 million.

Accolade continues its plan to increase the stability and profitability of its portfolio of modern and environmentally friendly industrial real estate. With ČSOB and Unicredit Bank, it refinanced parks in the Czech Republic worth EUR 150 million (CZK 3.8 billion). The refinancing of the Polish portfolio follows last year's transaction in the amount of EUR 153 million (CZK 4 billion), to which another EUR 54 million (CZK 1.4 billion) has been added this year, again in cooperation with the German Aareal Bank.

Panattoni to build for Amazon the first robotic fulfillment center in the Czech Republic on a brownfield site near Kojetín

Eight years since Amazon announced its entry into the Czech Republic, the world's leading e-commerce company has announced its expansion into Moravia. Industrial zone builder Panattoni will build the first robotic fulfillment center for Amazon in the Czech Republic on a brownfield site of a former sugar factory near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic.

Accolade fund has had a successful second quarter of 2021, in which it exceeded 1 million sqm of fully let space

Investments in the Accolade Industrial Fund outperformed the previous periods in the second quarter of 2021 and the value of the fund increased to €863 million (approx. CZK 22 billion). The Fund's performance was positively impacted by increased investment activity in the European industrial real estate market and rising prices within this area. Investment appreciation in the second quarter reached 10.21% in the CZK class and 11.49% in the EUR class.

Accolade further increases its share of the european industrial real estate market

In the first half of 2021, an additional 370,000 sq m was leased, increasing future rental income by 22% to €90 million.

ČS nemovitostní fond buys Panattoni Park Tychy DC1 in Poland

Czech real estate investment manager Reico IS ČS (part of the Erste banking group) has acquired Panattoni Park Tychy DC1 on behalf of its ČS Nemovitostní Fond (ČS Real Estate Fund) for an undisclosed sum.

Presenting a new modern look to the people of Brno. IKEA will open a new outlet near Brno airport

A multimodal Panattoni complex near Brno airport has been chosen by another leader in its field. The global furniture market leader IKEA wants to be closer to customers in Brno and the surrounding regions by moving to a new modern hall. At the same time, thanks to the facilities at Brno park, it continues to contribute to a sustainable future for European business with minimal environmental impact. The total area of the technologically superior part of the hall for IKEA is 8,000 m². It will start serving customers on 27 July 2021.

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