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Articles - warehouse to lease

BNP Paribas Real Estate: Warehouses and production halls are running low in the Czech Republic

For the whole of 2020, 1.37 million square meters of industrial space were leased in the Czech Republic. By the end of June this year, it was almost 1.2 million square meters. According to the consulting company BNP Paribas Real Estate, it is therefore certain that the year 2021 will be the strongest so far in terms of realized demand in this segment.

The Czechia is still the most suitable destination for production in Europe and the fifth in the world

The Czech Republic once again ranked high in the ranking of the 47 countries most suitable for production. Thanks to a good evaluation in all criteria, such as operating costs, labor, political and economic risks or the ability to restart after the coronavirus crisis, it took fifth place worldwide and first in Europe. Since 2016, when the Czech Republic was first included in the Manufacturing Risk Index ranking of the real estate consulting company Cushman & Wakefield, it has regularly been one of the most favorable destinations for the location of production facilities.

Bonami heads for Logicor Prague Airport

Bonami has leased 6,000 sqm at Logicor Prague Airport for a last-mile warehouse. As a result, the complex is now fully-leased.

CTP acquires Amsterdam Logistic Cityhub

■ Largest single-asset transaction in logistics real estate in the Netherlands; net transaction value €307 million for 100% of the shares ■ Approximately 120,000 m² of storage and last mile distribution space equipped for emission free transport, and approximately 11,000 m² of office space ■ Completion expected in the fourth quarter of 2022, already partially leased

The pandemic accelerated the advent of artificial intelligence in Czech companies

The fourth industrial revolution summarizes the changes that have made and are still streamlining and automating processes in the field of transport, production itself or communication through digital technologies. In addition, current technological trends are influenced by the coronavirus pandemic, which in some respects has led to their faster anchoring.

Accolade further increases its share of the european industrial real estate market

In the first half of 2021, an additional 370,000 sq m was leased, increasing future rental income by 22% to €90 million.

Czech industrial vacancy rate falls to lowest level ever recorded

According to Savills, the Czech nationwide industrial vacancy rate declined again and reached a new historic low of 2.4%, after dropping by 89 basis points (bps) since the end of 2020. The volume of new industrial space delivered to the market during H1 2021 was 43% down year-on-year (y-o-y). The total stock of modern industrial premises in the country grew by 192,300 sqm, of which 110,800 sqm were completed in Q2 2021. At the end of June, the total stock stood at 9.3 million sqm.

STILL works on an intralogistics project of the future

When driverless trucks (AGVs) move around warehouses or production halls, they become real data collectors. Data that can be deleted immediately. "It's a huge waste," says Bengt Abel, ARIBIC project manager at Still. The international research project ARIBIC (Artificial Intelligence-Based Indoor Cartography) shows methods by which this valuable information can be used to advantage.

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