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Articles - lease

Despite the complications, the Czech automotive industry is reaching pre-crisis values

Motor vehicle production in the Czech Republic is coming to life again. A positive signal is not only the year-on-year increase, but also the comparison with the pre-crisis values of 2019. Domestic production of electric vehicles, whose share in total production is currently approaching 10%, is also starting up significantly. At the same time, the automotive industry continues to face a shortage of chips and raw materials, such as plastics and metals, and overall sales across European markets remain about a quarter below pre-crisis levels.

Rising rents and preparations for the construction of new warehouses

According to BNP Paribas Real Estate, there is historically the lowest vacancy of real estate, a record volume of concluded lease agreements, rising rents and the unprecedented rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphoric period - the results of the first quarter nevertheless exceeded even the most optimistic expectations.

CRUSSIS Electrobikes will move to a new building in Prologis Park Prague-Úžice

The tailor-made building itself brings indisputable advantages, especially in the case of innovative companies, whose ambition is to achieve maximum operational efficiency and employee satisfaction. With this in mind, we have created a solution at Prologis Park Prague-Úžice that reflects the needs of the customer CRUSSIS Electrobikes s.r.o., a Czech manufacturer of e-bikes and tricycles. The company's new headquarters is currently under construction and the Prologis team is looking forward to offering the customer a solution that will support their further business.

The Czech industrial real estate market has another record period behind

Historically lowest vacancy, a record volume of concluded lease agreements, growing rents and unprecedentedly rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphoric period - the results of the first quarter nevertheless exceeded even the most optimistic expectations.

VGP Park Plzeň is expanding with a hall for DHL Express and Verhoek Europe

Developer and owner of semi-industrial and logistics properties VGP has started construction of the fifth hall in its logistics park VGP Park Plzeň, which is located in the industrial part of the city of Pilsen - Bručná close to the E49 road and connected to the D5 motorway. On a plot of approximately 10 hectares, it offers almost 50,000 square meters of leasable space suitable for light production, logistics and accompanying commercial activities.

P3 is preparing an industrial park in Myslinka near Pilsen

Developer and administrator of industrial real estate P3 is preparing in the village Myslinka, which lies about 15 km from the center of Pilsen, the construction of a modern industrial park tailored to potential tenants. The main attraction of the P3 Plzeň Myslinka park will be, in addition to a convenient location on one of the most sought-after industrial real estate markets, also a great connection to the D5 motorway with the possibility of smooth transit to Germany and plenty of skilled labor.

Ikea extends its lease in Segro Logistics Park Prague

Ikea has extended its existing lease at Segro Logistics Park Prague near Václav Havel Airport. In the building, which uses goods as a distribution warehouse for its customers, it will continue to lease warehouse space with an area of almost 12,500 square meters.

The first tenant comes to Panattoni Park North Ostrov: electronics manufacturer Amphenol

The first tenant in the new Panattoni Park North Ostrov industrial zone will be Amphenol Tuchel Industrial, a manufacturer of electrical connectors, smart card readers and wiring harnesses. The company will occupy part of the smaller of the two planned halls with an area of almost 20,000 m2. Construction of a modern industrial building will begin in the second half of this year.

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