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Related news

Blackstone buys a network of logistics parks in the Czech Republic and Slovakia for 470 million euros

American equity firm Blackstone is buying CT Real Estate, a portfolio of ten logistics parks, for €470 million from TPG Real Estate. The mentioned industrial properties currently cover an area of ​​approximately 500,000 square meters in the Czech Republic and Slovakia. Five years ago, TPG Real Estate created a joint venture with the developer Contera and thus acquired its portfolio, which has since quadrupled with joint efforts.

Sportisimo collaborated with Mecalux to expand its Ostrava warehouse

Last year, the largest sporting goods retailer on the domestic market, Sportisimo, moved its logistics center from Rudná u Prahy to Ostrava. The lease of the Contera Park Ostrava D1 warehouse with a built-up area of over 90,000 square meters became the largest lease contract on the industrial real estate market in 2020. In recent weeks, Sportisimo has collaborated with Mecalux to further expand warehouse capacities.

A giant warehouse for Sportisimo in Ostrava is looming. Contera is completing a rough construction of an area of 6 football fields

The new logistics center of the sports chain, which is being established in the Contera Park Ostrava D1 in Hrušov, is approaching the first big milestone. Developer Contera has built the rough construction of most of the warehouse, and will roughly complete the rest by the end of October. The Sportisimo logistics center boasts state-of-the-art technologies and will be one of the largest in the country. In the following years, up to 700 people will find work here.

This year, Contera expects changes in the logistics real estate market. Tenants' interest in automation technology is growing

Start of generous reconstruction in Říčany, new financing, thanks to which the preparation of two parks in Ostrava-Hrušov and Hustopeče could begin, expansion to Slovakia, extension of contracts with key clients. Despite the global situation, the Czech industrial real estate developer Contera has had a favorable year and is looking to the future with cautious optimism.

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