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Related news

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.

Panattoni washed over inflation. Operating costs in its industrial zones have hardly increased in the last five years

Operating practice proves that the builder of industrial buildings Panattoni eliminates the impact of inflation on tenants in their parks. He succeeds thanks to the correct setting of the amount of advances for service fees in combination with the constant pressure on cost-effectiveness. Therefore, its clients in the field of logistics and industry can well anticipate future costs and investors can better plan their investments for individual projects.

Rising rents and preparations for the construction of new warehouses

According to BNP Paribas Real Estate, there is historically the lowest vacancy of real estate, a record volume of concluded lease agreements, rising rents and the unprecedented rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphoric period - the results of the first quarter nevertheless exceeded even the most optimistic expectations.

The Czech industrial real estate market has another record period behind

Historically lowest vacancy, a record volume of concluded lease agreements, growing rents and unprecedentedly rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphoric period - the results of the first quarter nevertheless exceeded even the most optimistic expectations.

The first tenant comes to Panattoni Park North Ostrov: electronics manufacturer Amphenol

The first tenant in the new Panattoni Park North Ostrov industrial zone will be Amphenol Tuchel Industrial, a manufacturer of electrical connectors, smart card readers and wiring harnesses. The company will occupy part of the smaller of the two planned halls with an area of almost 20,000 m2. Construction of a modern industrial building will begin in the second half of this year.

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