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Articles - logistics park

VGP starts the construction of a technology park near České Budějovice

Developer and owner of logistics and semi-industrial real estate VGP has begun construction of a new technology park near the South Bohemian metropolis. VGP Park České Budějovice will be established directly on the outskirts of the city in the Světlík commercial zone with excellent transport connections to the center and a direct access to the D3 motorway connecting Prague and Linz, Austria.

Developers are most active in the Ostrava region

108 The Agency published the first edition of the original project. A report that provides a clear summary of the most interesting data and information from the industrial real estate market in terms of the share of individual development companies and owners. The updated report will be published regularly twice a year.

Real estate in the world after the pandemic: why they will once again become a bright star in the investment sky

While the current pandemic situation has accelerated the development of e-commerce, retail parks in the CEE region have shown resilience to the constraints of traditional brick-and-mortar retail. Last year, they were among the more profitable types of real estate. In addition, interest in investing in them is growing. Retail parks have higher operational flexibility, in essence it is an open, partly outdoor shopping concept, the advantage is their location with good accessibility for shoppers with a spacious parking lot. The design and area of the stores in them adaptability to the requirements of retailers using the omnichanne model of sales.

Petr Narwa: The pandemic has disrupted the income of real estate investors

Petr Narwa, Head of Transaction & Consulting Services at Prochazka & Partners, who has long been involved in commercial real estate and investment services, answered the interview. What does Petr say about the current situation in the market, where tenants are currently trying to save as much as possible and where the pandemic has disrupted the income of real estate investors?

CTP expands into Western markets: it is preparing an investment of 8 billion Czech crowns in the Netherlands

Originally a Czech company, CTP, one of the top five real estate developers in Europe, is expanding its network of CTParks to the Netherlands. The company, which Remon Vos founded in Humpolec in 1998, has now appointed new management in the Netherlands and recently committed to invest 300 million euros (less than 8 billion Czech crowns) in the country after the recent announcement of its intention to list Euronext Amsterdam with its shares.

Thanks to excellent conditions, Ostrava is experiencing a boom in the construction of industrial halls and warehouses

Most industrial developers have received building permits for large industrial halls or warehouses in Ostrava and its surroundings. Almost three-quarters of a million m2 of industrial real estate will now appear here. This is a consequence of the fact that the Moravian-Silesian Region and the City of Ostrava, within the framework of reclamation, support the establishment of logistics and storage zones also on the territory of former industrial areas, in which production no longer takes place today.

The vacancy rate of industrial premises in the Czech Republic fell to its historic low of 3.3% at the end of 2020

The supply of modern industrial premises in the Czech Republic increased by 314,800 square meters in the second half of 2020. This marked a slight (7%) slowdown in construction activity compared to the first half of the year. According to the latest Savills report, the total area of industrial space for rent reached 9.11 million square meters at the end of 2020. More than half (62%) of this area fell on the three most developed sub-markets - Prague (3.21 million square meters), the Pilsen Region (1.33 million square meters) and the South Moravian Region (1.15 million square meters).

Sportisimo will build a giant and technologically advanced warehouse in Ostrava

The largest retailer of sporting goods on the domestic market will move its logistics base from Rudná near Prague to Ostrava. The lease of the Sportisimo warehouse in Contera Park Ostrava D1 with a built-up area of over 90,000 square meters has become the largest lease on the industrial real estate market in 2020. The gradual move to the new techno center will begin this year.

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