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Almost 1 million m² of new industrial space was added last year, but demand is weakening

The largest number of buildings was built in the Karlovy Vary region, and the total volume in the Czech Republic reached 11.7 million m². On the other hand, demand weakened throughout the year and the vacancy rate increased by 94 basis points year-on-year to 1.74%, representing 205,500 m² of immediately available industrial or warehouse space. The highest attainable rent, the so-called "prime rent", decreased slightly at the beginning of the year and for the rest of 2023 it stabilized at the level of €7.50-7.70/m²/month. That's according to a survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.

All buildings, including industrial ones, must become even more "green". The participants of the Sustainable Buildings 2024 conference discussed how to do this

The broad and increasingly "hot" topic of a sustainable approach to the construction and operation of residential and non-residential construction was addressed from many different points of view by the participants of Monday's Sustainable Buildings 2024 conference, which was held in Prague with the participation of dozens of guests from several countries and the wide interest of not only the domestic audience. The event was organized by the Czech Council for Sustainable Buildings, sponsored by the Ministry of the Environment of the Czech Republic, and among the media partners was the magazine Systémy Logistiky.

Quehenberger Logistics extends the lease in GLP Park Bratislava Senec

One of the largest tenants of the logistics and industrial complex of the developer GLP in Senec, the company Quehenberger Logistics, has extended the lease for another two years. The growing demand for commercial premises in the vicinity of Bratislava will also be satisfied by the newly emerging Business Zone GLP Bratislava.

Park of the future: CTP lets 60% of the new addition to CTPark Prague North

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has signed three key ten-year leases in its most sustainable industrial park near Prague, comprising more than 60% of a new 32,000 sqm building that will be delivered by the end of Q2 2024 at CTPark Prague North.CTPark Prague North will welcome MEMODO, Fulfillment.cz and the Albert retail chain this year, confirming the increasingly strong demand for quality and sustainable industrial premises, which the park perfectly meets thanks to its strategic location and high sustainability standards.

Green construction as the key to sustainable industrial real estate and transitioning away from Russian gas

In the world of industrial real estate, there is a significant shift towards sustainable and energy efficient solutions. One of the main trends is green construction, which brings a number of advantages for both investors and the environment. A key aspect of this transformation is moving away from dependence on Russian gas and moving to alternative energy sources such as heat pumps. This proved to be an effective solution for covering heat consumption in warehouses and halls, especially in the logistics sector.

The Bezvapostele.cz e-shop will have a central warehouse in the commercial-industrial zone P3 Ostrava Central

The P3 Ostrava Central complex will welcome a new tenant. The premises in the smaller hall from the second stage of the construction of this business-industrial park will be rented by the seller of beds and mattresses Bezvapostele.cz. It will operate a sales warehouse. End consumers will also visit the premises more often.

CBRE analysis: Demand for industrial and logistics parks is changing. This year, it will mainly be driven by manufacturing companies

Last year, CBRE, a world leader in commercial real estate services, saw structural changes in industrial demand. This trended from logistics service providers to manufacturing companies, which with a 53% share of total demand achieved a year-on-year increase of 22 percentage points. A similar trend can be expected this year as well. Demand will be primarily driven by companies linked to the automotive and electronics industries.

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.

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