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Warehouse Market News

The vacancy rate of Czech industrial properties fell below 1 percent

In the third quarter of 2022, the Czech industrial real estate market grew at the fastest rate in history and increased by a total of 511,100 m2. In the first half of this year, the total supply exceeded 10 million m2 and currently stands at 10.65 million m2. The vacancy rate fell to 0.99%, the lowest number on record during the market's monitoring period.

There is no slowdown, there is interest in the warehouses. Accolade real estate fund heading for records

Accolade leased almost 460,000 square meters of industrial space across Europe in the last six months. Volume is near all-time highs.

Part of the Poldi Kladno area awaits revitalization, a sustainable industrial park will be created

The RSJ investment group bought part of the land after Poldi Kladno, which was historically famous for the production and processing of steel. After many years of decay, the brownfield will be revitalized into an environmentally sustainable industrial hall with advanced technologies, which will be provided by the industrial developer Panattoni. The new Panattoni Business Park Kladno will consist of two halls with a total size of 88,500 square meters. The investment will bring up to 2,000 new jobs and help with the economic transformation of the area. Demolition and rehabilitation works are scheduled to begin at the end of this year.

Rohlik.cz opened an automated distribution center in Chrášťany

Online supermarket Rohlik.cz presented a newly opened warehouse in Chrášťany near Prague. Here, the company launched the AutoStore cubic storage system supplied by Swisslog. Up to 265 robots are deployed in operation, which can handle a total of 44,000 boxes.

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.

The construction of P3 Prague D11 has been completed, the remaining premises have been leased by QSL

The triangle between Mstětice, Nehvizdy and Jirny is a logistically strategic location due to its proximity to Prague, the D11 highway and road 611. In the last six years, the industrial park P3 Prague D11 has also grown here. The last building in it was custom-built and handed over to the company QSL, which focuses on packaging solutions and labeling in the food segment, among other things.

Q3 2022: Record low vacancy and record growth - market exceeds 10.6 million m2

The Industrial Research Forum reports data on the warehouse and manufacturing real estate market for Q3 2022 • The total volume of newly completed premises for the 3rd quarter of 2022 exceeded 500,000 m2, making it the largest figure in history. The largest number of completed areas were in the Olomouc and Moravian-Silesian regions. • The largest project was completed in the Olomouc Region, the new Amazon distribution center. • Almost 1.2 million m2 of industrial space is currently under construction. • Vacancy of industrial warehouses and halls decreased again, at the end of the 3rd quarter it was 1%. • The highest achieved rent in the entire territory of the Czech Republic remained at €7.25 - €7.50 per m2 per month.

GLP Park Brno Holubice announces another tenant, Fast ČR

The commercial and industrial zone GLP Park Brno Holubice is already four-fifths leased. Fast ČR, a domestic distributor of electronics and household electrical appliances, recently signed a lease agreement. The Holubice site will be used for the distribution of goods in Bohemia and Moravia and the provision of electronics service.

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