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Articles - lease

Investor sentiment across CEE remains strong

According to Colliers, CEE markets continue to feel some impact on transactional activity with flow volumes down ca. 22% year-on-year. Poland captured more than half of all invested capital in the first half of the year. Colliers estimates for 2021 that year-end volumes will remain between €10-11 billion.

Ecologistics leases 63,300 sqm in Prague and Pilsen

Ecologistics, a 3PL company operating in the Czech Republic since 2017, has been expanding recently on the Czech property market, leasing in total 63,300 sqm of Class A commercial space in 4 industrial parks in Prague-West and in Pilsen-Stenovice from Prologis, GLP and Logicor. Ecologistics serves global e-commerce companies whose goods have been delivering to customers in the Czech and Slovak Republics as well as in Germany. The distribution centre in the Czech Republic was the second logistic hub Ecologistics opened in Europe after having entered the UK market. The firm has so far built a robust logistic framework across Western Europe, currently leasing premium logistics space also in Germany, France, Spain and Italy.

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.

Vacancy of industrial halls has fallen to an all-time minimum, rents continue to rise

The total area of modern industrial premises intended for rent in the Czech Republic increased to 9.28 million m2 in the second quarter of 2021. A total of 113,200 m2 of warehouse space in 11 industrial parks was completed in the Czech Republic. Compared to the same period of the previous year, this is a 46% decrease and a quarterly increase of 66%. At the time of its completion, approximately 89% of the projects had already been leased.

Cargo-partner has expanded its three warehouses in Poland, the Czech Republic and Slovakia. Food products have their places in Dobrovíz and Brno

The latest investments of cargo-partner went to the logistics centers Brwinów near Warsaw in Poland, Dunajská Streda near Bratislava in Slovakia and Dobrovíz near Prague in the Czech Republic. The logistics company thus responds to the growing demand in these regions.

The VoloDrone drione carries up to 200 kilograms of cargo. DB Schenker, Volocopter and the Fraunhofer Institute already have an operational plan for it

The VoloDrone cargo drone successfully passed the first stress test in simulated operation at its presentation at the International Aviation Conference in Berlin. DB Schenker and Volocopter have been working on its commissioning together with the Fraunhofer Institute since 2019, and this year the first operational plan was created. The drone will make it possible to transport cargo to hard-to-reach places and offer customers fast and emission-free transport.

Real estate investment: offices, warehouses and retail parks attract the most

Fourteen of the fifteen retail properties that changed owners in the first half of this year were retail parks. Usually about 3000 square meters in size, located in smaller Moravian and Czech towns. Nevertheless, retail-related facilities, which express investors' confidence in the spending of the population, and thus the stable development of the economy, accounted for only 12% of the total volume of investments. It reached 800 million euros from January to June. Investors and warehouses attracted even more investors. This is evidenced by a recent analysis by BNP Paribas Real Estate.

Park P3 Olomouc is complete. The last premises will be occupied by the Albert hypermarket

The P3 Olomouc logistics park is located in an almost ideal location close to the city center and connected to the D35 motorway. The last vacant space in the just completed building is rented by Albert. It will add new storage facilities to the existing distribution center, which it operates in the immediate vicinity. Additional logistics capacities will ensure fast and smooth supply of stores in Olomouc and the surrounding area.

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