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Mailstep is expanding its operations, renting another center in Ústí nad Labem

VGP Park Ústí nad Labem City is fully occupied. Mailstep, a logistics company primarily providing logistics services to e-shops, has leased the remaining 18,800 square meters of warehouse and operational space in halls B and C. According to the developer's press release, these spaces are aiming for BREEAM Excellent sustainability certification. The transaction was brokered by real estate consulting company 108 Real Estate.

Handling equipment manufacturer builds a mechatronics center for 50 million euros

Still and Mercurius Industrial Properties have started construction of a mechatronics center in Hamburg. Still also plans to further develop its plant there – from 2026, it will produce its own lithium-ion batteries in the port city.

Ecologistics expands lease in P3 Lovosice and expands into a new hall

Ecologistics, a logistics company specializing in e-commerce, is expanding its operations in the P3 Logistic Parks in Lovosice. As part of its expansion, it will lease Hall C, which the developer completed last year, on a long-term basis. This will bring the capacity of P3 Lovosice to almost full, according to the developer's current press release.

Accolade managers win EY Entrepreneur of the Year 2024 award, Sonnentor CEO among winners

The jubilee twenty-fifth title in the prestigious EY Entrepreneur of the Year 2024 Czech Republic competition was awarded to Milan Kratin and Zdeněk Šoustal from Accolade. The company, founded in 2011, is among the leading players in the field of industrial and logistics parks and is currently active in ten European markets. The competition jury appreciated, among other things, their contribution to the revitalization of brownfields and the creation of new opportunities for the development of business and employment in the regions. The award, awarded under the patronage of the President of the Republic Petr Pavel, was received today at the National House in Vinohrady from the hands of Martina Kneiflová, Managing Partner of EY Czech Republic, and Tomáš Salomon, Chairman of the Board of Directors of Česká spořitelna, which is the main partner of the competition.

Billionaire Krsko's BHM Group Takes Control of Logistics Park in Slovenia

Billionaire Tomáš Krsek believes in logistics parks. His BHM group wants to invest billions of crowns in them in the coming years to double the leased area to one million square meters.

Former Czech Savings Bank fund buys logistics park in Slovakia for 1.6 billion

The Reico Long Lease mutual fund, which is now part of the parent group of Česká spořitelna Erste Group Bank, has made its first trip to Slovakia. It has purchased a newly built logistics complex in Senec, which is being leased by the multinational transport company DSV. The acquisition was worth 1.625 billion crowns and is the fund's fifth property.

​​The industrial real estate market will grow by almost 900 thousand square meters in 2025

The fourth quarter of 2024 did not bring any significant change to the industrial and logistics real estate market. Although demand returned almost to pre-Covid volumes, the number of newly completed buildings remained low. Only 106,700 square meters of new space were delivered, which is the lowest in the last three years. The vacancy rate increased by 3 basis points to 3.13% and the highest rent achieved stabilized at around €7.50 per square meter. Given that many projects planned for this year have been postponed, the development for 2025 looks significantly more positive, with 870,300 square meters of new space expected to be completed. This is according to a regular quarterly survey conducted by Colliers.

ÚOHS authorized the American company Blackstone to purchase ten logistics parks in the Czech Republic

The Office for the Protection of Economic Competition (ÚOHS) has authorized the American investment company Blackstone to purchase a portfolio of ten logistics parks in the Czech Republic.

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