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In the Czech Republic, the construction of industrial premises has increased, but they will not cover the demand

In the first quarter of this year, 218,000 square meters of industrial space were completed in the Czech Republic. This is 21 percent more than the previous five-year average for the same period. However, increased construction still barely covers demand, which has an impact on rising rents. It grew by 30 percent last year. There are 11 million square meters of commercially leasable space in the Czech Republic, and another 1.3 million square meters are currently under construction. This was reported by the consulting company Colliers, which focuses on real estate investments, in its analysis.

Demand for smaller units is growing in the industrial market

The Czech industrial real estate market is for the most part dominated by a few large players who have historically not been interested in renting units smaller than 2,000 square meters. A solid tenant, who was looking for quality warehouse and logistics space, had to rent in older buildings, of poorer quality and with higher energy requirements. But this is now changing thanks to a new trend where a number of industrial developers are starting to build small business units (SBUs) near big cities, which are of high quality and meet demanding energy standards and can range in size from 300 to 800 square meters .

The largest parcel transshipment center PPL can sort up to half a million parcels per day

Společnost PPL, přepravní lídr zásilek v České republice, otevřela doposud své největší centrální překladiště nedaleko Hradce Králové přímo u dálnice D11 v Plotištích. Nové centrum díky pokročilé automatizaci dokáže za den roztřídit půl milionu zásilek. Zapojením nejmodernější technologie do provozu nové budovy jde přepravní společnost PPL naproti uhlíkové neutralitě a posiluje tak svou dlouhodobou strategii v oblasti udržitelnosti.

Alliance Healthcare moves to new distribution hall in Hradec Králové

Alliance Healthcare, the leading distributor and wholesale supplier of pharmaceuticals in the Czech Republic has leased a new distribution hall HOYA Greenhouse Březhrad in Hradec Králové. The 6,500 sqm space was tailor built by the developer HOYA to suit the company, which is moving there from an older facility in the area.

ALLLOG Consulting and ICOM transport will become the first tenants of the P3 Plzeň Myslinka park

The first hall of the newly built industrial park in Myslinka near Pilsen already has new tenants and even two. The companies ALLLOG Consulting and ICOM transport have rented units here measuring 6,156 and 3,500 square meters. "From the point of view of industrial development, Pilsen is an attractive location. We were so convinced that we would find suitable candidates for the new location that we started construction speculatively, i.e. without having a confirmed tenant at the time," said Aleš Zacha, Head of Development, P3 Logistic Parks.

ViaPharma concluded lease agreements for 20 years in two CTParcs

The distributor of medicinal products on the Czech market, the company ViaPharma, and the developer CTP have signed lease agreements for 20 years in two domestic CTParcs. The CTP company will hand over to the tenant premises with a total area of almost 27,000 square meters and a number of specific modifications for the pharmaceutical industry by the end of 2023. CTPark Ostrava Poruba and CTPark Brno Líšeň will be other locations of mutual cooperation, ViaPharma already rents three warehouses in Romania.

Panattoni Park Teplice South is completely full and in full operation

The area of the former glassworks in Teplice has come back to life. Thanks to the successful revitalisation of the brownfield, the modern Panattoni Park Teplice South complex is now fully occupied and fully operational.

DSV makes acquisitions in North America. It also strengthens air connections with Europe

The acquisition of two logistics companies in half a year was carried out by the company DSV in North America. The local market is quickly adapting to the recovery in logistics. The three countries of the region, i.e. USA, Canada and Mexico, benefit from rich resources of raw materials and a wide transport network. The region is slowly building on its automotive history and welcoming concerns leaving China. According to the DSV, the only thing missing from the strategic plans is the willingness of municipalities to build on brownfields.

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