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Articles - logistics park

​​The dramatic increase in warehouse prices in the Czech Republic has hit a ceiling, demand is falling

Rents for warehouse space in the Czech Republic have doubled over the past five years, but have currently reached their peak. This is influenced by the decline in sales of domestic e-shops, due to which many companies are trying to reduce their warehouse space, or are more often interested in lease contracts for shorter periods. In addition, high prices drive tenants to neighboring countries, which are up to a third cheaper and offer a wider selection of premises. According to experts from the Colliers company, the vacancy rate outside the Czech Republic is around 5%, which is an advantage compared to the Czech Republic's 2.9%.

CBRE analysis: The subletting trend is slowly but surely starting to affect the industrial and logistics real estate market

The domestic industrial real estate market experienced a real "boom" during the coronavirus pandemic. The record growth of interest in renting new premises, especially from companies linked to e-commerce, triggered extensive speculative construction. However, after two extraordinary years, there was a slowdown in demand last year, which continues this year as well. Although the market situation is stable and positively influenced by the gradual reduction of construction costs in combination with the stabilization of yields, in recent months there has been a slight increase in the vacancy rate and the emergence of two new phenomena on the market. CBRE, a world leader in commercial real estate services, analyzes the growing trend of subletting and targeted maintenance of some properties by developers in the so-called shell & core condition.

Moravia Steel is considering taking over part of Liberty Ostrava's operations

The Moravia Steel Group is seriously considering the possibility of operating some of Liberty Ostrava's secondary production operations. Specifically, it is a pipe laying plant, said Moravia Steel Group spokesperson Petra Macková Jurásková. Liberty Ostrava has been in bankruptcy since June, and most of its operations have been closed since last December.

C.S.CARGO Group continued to grow in 2023

The C.S.CARGO Group achieved significant growth in sales and profitability in 2023, despite adverse economic conditions. Revenues increased to 8 billion crowns, which represents a slight increase compared to 2022. Operating profit (EBITDA) increased by 28% to 701 million crowns. Investments in the renewal of the vehicle fleet, logistics projects and IT technologies reached a total of 376.5 million crowns.

Urbanity received a building permit for a unique campus in Bruntál. The non-traditional area will offer economical production halls, services for residents and unique architecture

Urbanity Campus Bruntál will be another industrial area of ​​the new generation, which is an integral part of the city and will provide services not only to employees, but also to local communities. The campus will be built on the site of the current brownfield between the exits to Opava and Krnov. The project also includes the construction of a new access road to the area, which will bring traffic calming in the adjacent residential area. The main building with a size of 36,000 m2 can reach a height of up to 20 meters at the request of the client, making it ready for automated and robotic operation, and the other 3 buildings with a size of 3,300 - 10,000 m2 are also suitable for regional manufacturing companies.

Colliers: Demand for industrial and logistics real estate has been strong in Central and Eastern Europe in recent years. But in 2023, most countries saw a decline

The total offer of modern industrial and logistics real estate (I&L) in the CEE-13 countries is more than 67 million m2. Poland remains the largest market for I&L real estate with more than 30 million m2 on offer, representing approximately 45% of the total supply in the region. For comparison, the total size of the Czech market at the end of March was 11,871,300 m2.

The Kuehne+Nagel cross-dock center opened in Arete Park Zdice

The developer handed over the new hall in Arete Park Zdice for use by the tenant, which is the Czech branch of the international logistics service provider Kuehne+Nagel. The hall will provide space for a logistics center, the so-called cross-dock. The total leasable area of ​​the park in Zdice increased by more than 40%.

ComAp's shipments are handled by DHL Express using SAF. Both companies try to act sustainably

The GoGreen Plus service provided by DHL Express helps reduce the carbon emissions of air cargo with the help of SAF green fuel. ComAp, which uses this solution, provides intelligent energy management solutions and, like DHL Express, strives to minimize the impact of its operations on the environment and strengthen sustainability.

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