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Articles - logistics service provider

Accolade refinanced the Czech and Polish industrial real estate portfolio for more than eur 200 million.

Accolade continues its plan to increase the stability and profitability of its portfolio of modern and environmentally friendly industrial real estate. With ČSOB and Unicredit Bank, it refinanced parks in the Czech Republic worth EUR 150 million (CZK 3.8 billion). The refinancing of the Polish portfolio follows last year's transaction in the amount of EUR 153 million (CZK 4 billion), to which another EUR 54 million (CZK 1.4 billion) has been added this year, again in cooperation with the German Aareal Bank.

Panattoni to build for Amazon the first robotic fulfillment center in the Czech Republic on a brownfield site near Kojetín

Eight years since Amazon announced its entry into the Czech Republic, the world's leading e-commerce company has announced its expansion into Moravia. Industrial zone builder Panattoni will build the first robotic fulfillment center for Amazon in the Czech Republic on a brownfield site of a former sugar factory near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic.

CBRE: How is the Czech commercial real estate market changing and what are its prospects?

• There are clear signs of recovery in the market. The volume of investments in commercial real estate in the Czech Republic is growing. • This year, the industrial real estate sector will record the historically highest volume of demand. • The multifamily segment with rental housing products is included in the course. • The interest of international investors in Czech assets remains strong.

HELLA to build new laboratory at CTPark Ostrava

In addition to manufacturing capabilities and an R&D centre, HELLA, a global manufacturer of lights and electronic components for cars, is now building a state-of-the-art testing laboratory in the Ostrava region. The lab will be located at CTPark Ostrava Hrabová, where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle.

The German family company Andreas Schmid Logistik expands into a new building in P3 Prague D6

The expansion of e-commerce and growing volumes of orders has led the logistics company Andreas Schmid to consider moving to a larger one. The industrial developer P3 will build a new hall for it in P3 Prague D6 near Stochov in Central Bohemia, part of the building will be for rent.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

The Czechia is still the most suitable destination for production in Europe and the fifth in the world

The Czech Republic once again ranked high in the ranking of the 47 countries most suitable for production. Thanks to a good evaluation in all criteria, such as operating costs, labor, political and economic risks or the ability to restart after the coronavirus crisis, it took fifth place worldwide and first in Europe. Since 2016, when the Czech Republic was first included in the Manufacturing Risk Index ranking of the real estate consulting company Cushman & Wakefield, it has regularly been one of the most favorable destinations for the location of production facilities.

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Tereza Matejkova

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