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Articles - logistics service provider

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.

In addition to development, Aleš Zacha will manage acquisitions at P3 Logistic Parks

The Czech team of the European industrial developer P3 Logistic Parks announces a strategic personnel change. Aleš Zacha, who has been in charge of development until now, will expand his competences to include the acquisitions agenda. His position will thus be called Head of Development and Acquisitions.

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%.

P3 completes the construction of the last building of its industrial park in Lovosice

Seven years ago, the industrial developer P3 Logistic Parks started the construction of an area for light manufacturing, assembly and logistics on the outskirts of Lovosice. He is now finishing the last building. It will offer 16,000 square meters for rent, which will be available already during the summer holidays.

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