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Articles - warehouse spaces

The Czech industrial real estate market is growing at a record rate, according to a study by Colliers

From January to March 2022, industrial developers delivered a record number of new premises to the domestic market. The growth of the market and the recovery of industrial production were not stopped even by outages in the supply chains. The sharp increase in rents across the Czech Republic continued in that quarter. The market for industrial premises will continue to grow, but over the course of the year the full effects of the war in Ukraine will be felt and construction may slow down slightly. A study focused on the industrial real estate market was published by Colliers in the first quarter of this year.

Prazdroj builds a fully automated and energy-efficient warehouse

Prazdroj has to ensure a more efficient storage and faster handling of beer in bottles and cans, which is being built in the Pilsen brewery. It will be put into operation at the end of this year, now an advanced shelving system is being installed, followed by cladding and installation of other technologies. This is an investment of 780 million crowns, thanks to which the brewery can supply stores faster, and with the help of new technologies, the building will also be energy efficient.

Modern, larger and sustainable. Kaufland has opened a new fruit and vegetable warehouse in Modletice

The Kaufland chain has completed the construction of a fruit and vegetable warehouse in its distribution center in Modletice near Prague. The company inaugurated the new operation on May 10. The investment in the transformation of the entire company premises will reach almost 1.2 billion crowns.

C.S.Cargo opens a distribution center in Panattoni Park Týniště

A part of the new industrial hall with an area of 8,000 square meters was ceremoniously opened in Panattoni Park Týniště in the Rychnov region. The company C.S.Cargo will find the background for the operation of a warehouse for its client, the Czech brand of household appliances Concept. The superstructure over the usual logistics services will be the complete preparation of goods according to the requirements of Concept customers.

VGP leases 49,000 m2 in VGP Park Olomouc to HELLA group, a manufacturer of lighting technologies for the automotive industry in Moravia

VGP, the European developer and owner of semi-industrial and logistics real estate, has signed two lease agreements with HELLA AUTOTECHNIK NOVA. The company is one of the largest employers in the automotive industry within the Czech Republic, specialising in development and production of lighting technologies and electronics for such prestigious brands as Volkswagen, Audi and BMW. HELLA has leased in total more than 49,000 m2 of warehouse space in VGP Park Olomouc: 10,000 m2 is available from November 2021 in the already completed hall “I” and another 39,000 m2 will be available in the new hall “F” which aims for at least the Very Good rating under the BREEAM green certification with an emphasis on energy efficiency and sustainability and that is under construction. The latter will be handed over to the tenant for use in fourth quarter 2022.

Developers are curbing speculative construction due to rising costs

Under the influence of rising building material prices, lack of capacity of supply companies and a sharp increase in energy costs, many industrial developers have decided to postpone or slow down the speculative construction of industrial buildings. Due to the continuing demand, this will further open up space for rent growth, which already in the first quarter of this year, not only in attractive locations around Prague and Brno, exceeded an average of 5 euros per square meter per month. This is reported by the quarterly analysis of the real estate consulting company 108 Agency.

Industrial areas in the Czech Republic are characterized by record occupancy and intensive construction

The area of modern industrial space in the five countries of the Central and Eastern European (CEE) region reached more than 46 million square meters at the end of 2021, which is an increase of more than ten percent compared to 2020. The largest part of these spaces is still located in Poland (52 percent). , in the Czech Republic is over a fifth (21 percent) of this area. It is followed by Romania (12 percent), Hungary (9 percent) and Slovakia (7 percent). Developments in the industrial real estate market in these countries are analyzed by the real estate consulting company Cushman & Wakefield.

WeDo starts superhub operation near Ostředek in Central Bohemia. The deployed shoe sorter has a capacity of up to 100,000 packages per shift

This week, the logistics operator WeDo launched the operation of the super hub in Ostředek near D1. With an investment of over half a billion crowns, it is one of the biggest logistics innovations on the Czech market this year. Thanks to the opening of the super hub, the capacity of Wedo will increase significantly, which will be ready for further expansion in the coming years.

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