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Articles - industrial spaces

A giant warehouse for Sportisimo in Ostrava is looming. Contera is completing a rough construction of an area of 6 football fields

The new logistics center of the sports chain, which is being established in the Contera Park Ostrava D1 in Hrušov, is approaching the first big milestone. Developer Contera has built the rough construction of most of the warehouse, and will roughly complete the rest by the end of October. The Sportisimo logistics center boasts state-of-the-art technologies and will be one of the largest in the country. In the following years, up to 700 people will find work here.

Garden architecture also belongs to industrial parks

Planting an industrial park in the surrounding landscape sensitively is just as important as placing the right plants in the ecosystem. Therefore, the P3 company commissioned the Flera gardening studio to develop a Green Concept for its parks. It solves the connection of new vegetation to the existing one, improves the working environment, and at the same time shields the surroundings from the operation of the complex.

Accolade refinanced the Czech and Polish industrial real estate portfolio for more than eur 200 million.

Accolade continues its plan to increase the stability and profitability of its portfolio of modern and environmentally friendly industrial real estate. With ČSOB and Unicredit Bank, it refinanced parks in the Czech Republic worth EUR 150 million (CZK 3.8 billion). The refinancing of the Polish portfolio follows last year's transaction in the amount of EUR 153 million (CZK 4 billion), to which another EUR 54 million (CZK 1.4 billion) has been added this year, again in cooperation with the German Aareal Bank.

Panattoni to build for Amazon the first robotic fulfillment center in the Czech Republic on a brownfield site near Kojetín

Eight years since Amazon announced its entry into the Czech Republic, the world's leading e-commerce company has announced its expansion into Moravia. Industrial zone builder Panattoni will build the first robotic fulfillment center for Amazon in the Czech Republic on a brownfield site of a former sugar factory near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic.

CBRE: How is the Czech commercial real estate market changing and what are its prospects?

• There are clear signs of recovery in the market. The volume of investments in commercial real estate in the Czech Republic is growing. • This year, the industrial real estate sector will record the historically highest volume of demand. • The multifamily segment with rental housing products is included in the course. • The interest of international investors in Czech assets remains strong.

The German family company Andreas Schmid Logistik expands into a new building in P3 Prague D6

The expansion of e-commerce and growing volumes of orders has led the logistics company Andreas Schmid to consider moving to a larger one. The industrial developer P3 will build a new hall for it in P3 Prague D6 near Stochov in Central Bohemia, part of the building will be for rent.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

BNP Paribas Real Estate: Warehouses and production halls are running low in the Czech Republic

For the whole of 2020, 1.37 million square meters of industrial space were leased in the Czech Republic. By the end of June this year, it was almost 1.2 million square meters. According to the consulting company BNP Paribas Real Estate, it is therefore certain that the year 2021 will be the strongest so far in terms of realized demand in this segment.

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