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Warehouse Market News

Prologis achievements for the first quarter of 2021

Prologis achieved several successes in the first quarter of 2021. The total portfolio reached 18.7 million square meters. Lease activity for the first quarter of 2021 was at the level of 935,719 square meters, of which 187,954 square meters were new leases and 747,765 square meters related to extended leases. The change in the lease of premises reached plus 10.8%.

A science and technology park is being established in Pilsen for almost 600 million - to keep talents in the region

Dirt, cables, holes and dust everywhere. Robot manufacturers and developers are enthusiastic about the premises located in the newly built TechTower science and technology park in Pilsen. At least according to the words of Luďek Šantory, director of the Information Technology Administration of the City of Pilsen, under which the project falls. This is a two-storey space of the original boiler room in which the explosion occurred. This has created an ideal place for developers, which provides them with real conditions.

Real estate investors are looking for opportunities in the regions

The activity of real estate investors fell to the lowest values since 2013 in the first quarter of this year. The owners changed their commercial (and residential) buildings for EUR 310 million. Rather than the effects of covid measures, the result was affected by the lack of quality real estate to buy.

Superheroes are moving to Pavlov. The last place in Panattoni Park Prague Airport II will be occupied by the Seqoy publishing house

The Panattoni Park Prague Airport II industrial zone will be strengthened by comic book superheroes. The last free space with an area of 1600 m2 will be occupied by the publishing company Seqoy and it will store books and comics. The hall aspires to a very high evaluation within the BREEAM ecological certification. Thanks to the transaction, the industrial park near Pavlov in Central Bohemia was filled at a record pace. The builder of the industrial buildings, Panattoni, was able to build and occupy a total of 130,000 m2 of modern industrial space in just 5 years since the start of construction.

The Italian company IRCE comes to the Mošnov zone

The city of Ostrava is selling additional land in its strategic industrial zone in Mošnov. The purchase is the Italian company IRCE, which will build halls for the production of copper and aluminum conductors for the winding of electrical machines. They will be built by the end of 2024 at the latest. The company will pay almost 27.6 million crowns, including VAT, for the land. The sale was approved by Ostrava representatives at their meeting on Wednesday, April 14.

VGP announces a new tenant of ITAB Shop Concept in Prostějov

Industrial real estate developer VGP has acquired a new tenant for its logistics park VGP Park Prostějov. ITAB Shop Concept, a leading supplier of comprehensive solutions for shop and warehouse equipment, will move lighting assembly for the European market here.

Continental in Brandýs expands its operations. It uses the latest technologies in the warehouses, and the Norwegian AutoStore system will be added

Continental Automotive Czech Republic, which supplies automotive electronics, in cooperation with CPI Property Group, has begun construction of two new buildings in its production facility in Brandýs nad Labem. It is a hall for the production of displays and an office building, which together will offer a total of five thousand square meters of new space. They should be put into operation at the beginning of 2022. In addition to production, Continental will also focus on the further development of state-of-the-art warehousing technologies, some of which it already uses in real and test operations.

Wedo's investment in the transshipment yard, including state-of-the-art technology, will reach almost half a billion Czech crowns, UDI Group will invest in the entire warehouse complex at D1 billion

Wedo is investing in the major modernization and expansion of its transmission network through a new central transshipment depot and regional depot, which is now being built by the UDI Group at the 34th D1 exit near Ostředek. The hall building with almost 9,000 m2 of built-up area and another 12,000 m2 of outdoor handling area will be equipped with state-of-the-art technology for automatic sorting of consignments. The first shipments should leave the new transshipment yard for customers in the spring of next year.

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