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The interest of companies in renting smaller industrial spaces in the Czech Republic grows

The industrial developer CTP is noticing a growing interest in smaller multifunctional spaces up to 2,000 square meters. He estimates the increase in demand this year by 10-15%. For example, in the Ponávka business park in Brno, which CTP owns, there is a long-term interest in small premises despite their full occupancy. The company has therefore built two CTBox-type buildings in the revitalized brownfield CTPark Brno Líšeň, in which it is possible to rent multifunctional spaces starting from 400 square meters. The same type of units is now available in CTPark Hradec Králové.

Completed, delivered. Geis uses the new hall in CTPark Hradec Králové

Industrial developer CTP has completed the construction of the first hall in CTPark Hradec Králové. Premises with an area of over 5,000 square meters were rented and already taken over by the logistics company Geis, which is now using the building in trial operation. Currently, the developer is building the second hall, which it plans to complete in the spring of 2023.

It is no longer enough to build a hall. The trend of logistics areas is a mix of warehouses, stores and showrooms

The builders of the warehouses and logistics complexes will not stop since the outbreak of the covid pandemic due to the demand driven by the boom of online stores. That is, if they have a place to build. And it is the lack of vacant land and the complex permitting process, in which the inhabitants of many municipalities are not in favor of building halls, that increasingly developers are moving towards projects mixing warehouses with smaller retail spaces, and in some cases even leisure areas.

CTP reports full occupancy in its Prague industrial parks, and is preparing additional space for lease

CTP handed over the remaining unit in CTPark Prague East in Nupaky, thus exhausting all its free capacities in the capital city of Prague and its surroundings. The last tenant to move in is the supplier of medical material Mapo medical, who rented part of the newly built building equipped with a glass showroom. CTP also informs that it is preparing an offer of additional space for lease, for example, it is working on the expansion of CTPark Prague North near the D8 motorway.

U.S. logistics giant GXO lands at CTPark Bor

CTP, the largest listed logistics and industrial developer and operator by gross lettable area (GLA) in the EU, is constructing a 60,000m2 unit at CTPark Bor for U.S. sector giant GXO Logistics Inc, which has taken a lease on the property in this fast-expanding transport hub close to the western Czech/German border and the main highway linking Prague to Germany’s southern industrial heartland. The GXO facility will serve as automated fulfilment centre for zooplus, Europe’s leading retailer of online pet food and accessories and brings the CTPark Bor to full capacity, which at 616,000 m2 of GLA is the second largest in CTP’s total 7.1 million m2 portfolio and its largest in the Czech Republic.

CTP will double its premises in Brno. She bought the land from Zetor

The development company CTP has almost doubled its premises in Líšeň in Brno. It bought another 69,000 square meters of the leasable area from Zetor Tractors, which originally owned the complex, so the entire complex will have 150,000 square meters upon completion. The developer informed about it in a press release.

Fashion retailer Primark leases more warehouse space in CTPark Bor to supply both Germany and Prague

Irish clothing chain Primark has expanded the space it leases in CTPark Bor, the largest Czech industrial park. CTP, the developer and owner of the park, recently finished another warehouse for Primark, which will be fully automated, incorporating the latest robotic technology. In total, Primark leases approximately 80,000 m2 of A-class warehouse space in CTPark Bor.

CTP has a building permit and will complete an industrial complex in Hradec Králové. The developer is doing economically excellent, entering the German market

The European industrial developer CTP has obtained all the necessary permits for the completion of two industrial halls on the outskirts of Hradec Králové. Their construction can start again in November. The new premises, with a total size of almost 13,000 square meters, will be completed in the first half of next year so that the first tenants can move into them in the spring.
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