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Articles - store

Demand for warehouses in the Czech Republic is record high, developers have started massive construction

Clients' interest in new industrial premises in the Czech Republic continued to grow significantly last year. Thanks to high demand, which reached a record 2.39 million square meters in gross terms for the whole of last year, the vacancy rate for industrial premises fell to 1.63%, which is a historic low. The result was also affected by the lower volume of completed industrial properties due to the impact of anti-pandemic measures. However, this changed at the end of the year, when up to 800,000 square meters of industrial space were under construction. The acute need to feed the tenants' enormous demand is also evidenced by the fact that the share of speculative construction has increased again after a longer period of time.

DATART will expand its warehouse in Horní Počernice

This year, the Czech electrical retailer DATART will expand the existing warehouse area in Horní Počernice to 50,000 square meters. Thanks to the increased stock capacity of large household appliances and televisions, the electrical retailer will offer its customers an even greater selection of goods with immediate availability.

U.S. logistics giant GXO lands at CTPark Bor

CTP, the largest listed logistics and industrial developer and operator by gross lettable area (GLA) in the EU, is constructing a 60,000m2 unit at CTPark Bor for U.S. sector giant GXO Logistics Inc, which has taken a lease on the property in this fast-expanding transport hub close to the western Czech/German border and the main highway linking Prague to Germany’s southern industrial heartland. The GXO facility will serve as automated fulfilment centre for zooplus, Europe’s leading retailer of online pet food and accessories and brings the CTPark Bor to full capacity, which at 616,000 m2 of GLA is the second largest in CTP’s total 7.1 million m2 portfolio and its largest in the Czech Republic.

PKZ Logistics enters Prologis Park Brno

Bratislava-based PKZ Logistics has leased 6,160 sqm in Prologis Park Brno.

Prologis Park Prague D1 Ostredek keeps growing with new land acquisition

The Prologis park springing up at Ostredek in the Czech Republic represents everything we love about new developments. Watching the first building go up at the site, it’s impossible not to feel excited about opportunities for building new partnerships and business opportunities in one of the country’s most desirable locations.

CTP will double its premises in Brno. She bought the land from Zetor

The development company CTP has almost doubled its premises in Líšeň in Brno. It bought another 69,000 square meters of the leasable area from Zetor Tractors, which originally owned the complex, so the entire complex will have 150,000 square meters upon completion. The developer informed about it in a press release.

GXO will operate a zooplus distribution center in Bor u Tachova. The technology used emphasizes the environment

Contract logistics provider GXO Logistics has signed a new multi-year contract with zooplus, a pet food and supplement retailer operating in 30 European countries. The contract includes the design, implementation and operation of a new automated distribution center in Bor u Tachova. The new center will enable zooplus AG to meet the growing demand in Central and Western Europe.

Construction of two halls in Panattoni Park Týniště begins

In the fourth quarter of 2021, Panattoni began construction of two halls with a total lease area of 26,000 m2 in a new industrial zone - Panattoni Park Týniště. Half of the first hall with a size of approximately 16,300 m2 was leased by the logistics company CS Cargo, which will start operating the warehouse of the Czech brand of household appliances Concept here. The remaining premises with an area of less than 18,000 m2 are being built by Panattoni in cooperation with the DRFG investment fund on a speculative basis, ie without pre-secured tenants.

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