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Articles - transportation and logistics

Q3 2023: Despite slowing demand, a record amount of industrial space is under construction

The Industrial Research Forum reports data on the warehouse and manufacturing real estate market in Q3 2023 · The total supply of modern industrial premises reached almost 11.5 million m2. · Almost 183,000 m2 were newly delivered to the market in Q3 2023 · Demand for industrial space slowed to just 181,700 m2 in Q3 2023 · Speculatively built industrial areas accounted for 41% of the more than 1.4 million m2 now under construction; this share corresponds to the trend of the last three quarters · The vacancy rate decreased by 22 basis points from the previous quarter and remains at a low level of 1.5% · The average highest rent achieved in Prague remained stable and amounted to approximately 7.50 - 7.70 euros per m2 per month

Ostrava Airport has a new terminal for cargo transport

On Friday, October 20, a new terminal for cargo transport named Cargo2 was inaugurated at Ostrava Airport. The hall has an area of more than 4,500 square meters and is connected directly to the check-in area. At the same time, there is sufficient handling area for the arrival and unloading of trucks. The terminal is equipped with technologies enabling the assembly of cargo onto air pallets and containers.

A record 1.4 million square meters of industrial space is under construction in the Czech Republic

Consultancy Savills currently registers around 1.4 million square meters of industrial space for rent, which are in various stages of construction. It is the most in the history of the industrial market in the Czech Republic. At least 60% of these spaces, i.e. almost 833,000 square meters, are already pre-leased. Most of this pre-leased industrial space is being built for tenants from the manufacturing sector (38%), followed by retail (30%) and logistics (16%). The largest object under construction is a custom-built building for the H&M chain.

Jungheinrich officially opens a production plant in Chomutov

The handling equipment manufacturer Jungheinrich ceremoniously opened its new plant in Chomutov. In the future, the company will turn the 37,000 square meter premises, located in Panattoni Park Chomutov North, into a center for the production of trolleys with a retractable column. More than 350 new jobs will be created as part of the EUR 60 million project.

P3 is innovating an industrial complex in Olomouc

The company P3 Logistic Parks is significantly innovating its industrial park in Olomouc. The roof of Hall F will be equipped with photovoltaic panels. In the same hall, he also installs equipment for baking pastries for the Albert chain, which distributes goods ordered in his e-shop from here.

Arete Industrial has implemented a comprehensive ESG strategy

Arete Group's real estate fund focused on income-generating industrial and logistics assets in the Central and Eastern European region has successfully implemented a comprehensive ESG strategy. Arete Industrial was thus included among the so-called "light green funds", which, according to the definition of the European SFDR directive, aim to support the company's policy of permanent sustainability.

UDI Group finishes the first hall of the logistics area near Pilsen, invests 3.2 billion crowns

The industrial developer UDI Group is currently completing the construction of the first hall of its new logistics center in Přehýšov near the D5 highway near Pilsen. In the future, there will be three halls with a total area of 130,000 square meters. The company is investing a total of 3.2 billion crowns here.

Developers in the Czech Republic plan to build nearly seven million square meters of industrial space

What unites Karlovy Vary, South Bohemia, Liberec and Ústí Region from the point of view of industrial real estate developers? It is not the lowest offer and construction activity in the long term, on the contrary. According to the analysis of the real estate consulting company 108 Agency, it is precisely in these four regions that, in relation to their existing volume, the most new warehouse and production spaces should be added in the coming years. In total, consultants in the Czech Republic have mapped development plans, the floor area of which exceeds 6.8 million square meters and are in various stages of approval and preparation - from assessing the impact of projects on the environment, zoning decisions or building permits to the first implementation works. 54% of the planned projects together belong to the trio of developers CTP, Panattoni and Prologis.

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