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Articles - warehouserentinfo.com

The vacancy rate of Czech industrial properties fell below 1 percent

In the third quarter of 2022, the Czech industrial real estate market grew at the fastest rate in history and increased by a total of 511,100 m2. In the first half of this year, the total supply exceeded 10 million m2 and currently stands at 10.65 million m2. The vacancy rate fell to 0.99%, the lowest number on record during the market's monitoring period.

There is no slowdown, there is interest in the warehouses. Accolade real estate fund heading for records

Accolade leased almost 460,000 square meters of industrial space across Europe in the last six months. Volume is near all-time highs.

GLP Park Brno Holubice announces another tenant, Fast ČR

The commercial and industrial zone GLP Park Brno Holubice is already four-fifths leased. Fast ČR, a domestic distributor of electronics and household electrical appliances, recently signed a lease agreement. The Holubice site will be used for the distribution of goods in Bohemia and Moravia and the provision of electronics service.

Fielmann will occupy 30,000 square meters in GARBE Park Chomutov

GARBE, Industrial Real Estate CEE, specialist in logistics and industrial real estate, has signed a future contract with Fielmann for the occupation of approximately 30,000 square meters in GARBE Park Chomutov. The German company plans to create a highly automated production and supply center worth EUR 65 million here. The investment is part of the Fielmann Group's strategic program to improve delivery times and product availability, increase profitability while reducing costs and carbon footprint. The contract will be signed for 15 years. Complete construction completion is planned for the first half of 2023.

Sázava Logistic Park is fully leased, the investment for one billion will be completed by the developer UDI Group at the beginning of next year

All areas of the Sázava Logistic Park near the Central Bohemian center of Ostředek are leased. For the remaining hall, developer UDI Group signed a lease with forwarding company Emons this month. The first of the halls is already completely finished and in operation, three others are finishing. The entire construction of the area for one billion crowns with roughly 50,000 square meters of industrial space will be completed at the beginning of 2023.

Pilulka Lékárny will use the new warehouse space in VGP Park Olomouc

Developer VGP concluded a lease agreement with Pilulka Lékárny for 4,479 square meters of warehouse space in the newly completed hall "I" in VGP Park Olomouc. The company, which is one of the largest pharmaceutical groups in the Czech Republic and Slovakia, will use the warehouse in Olomouc to supply customers in several regions: Brno, Ostrava, Olomouc and Prostějovsk. The new premises were realized at the level of BREEAM Very Good environmental certification.

The lack of warehouse space in the Czech Republic is at a record high, but there are signs of cooling demand

The offer of vacant warehouses and production premises in the Czech Republic has fallen to the limit of just one percent vacancy. The second quarter of this year also went down in the history of the domestic real estate market with the largest lease to date within a single industrial hall: in Panattoni Park Cheb, an undisclosed distribution company leased a total of 233,698 square meters of warehouses and offices. At the same time, the threshold of 10 million square meters of modern industrial space for rent was exceeded in the Czech Republic at the beginning of June.

Prologis is building sports facilities in its Czech logistics parks. The first opens in Rudná u Prahy, the next will be built in Jažlovice

As part of our PARKlife™ initiative, we build outdoor spaces for exercise, relaxation and rest at all our parks. More opportunities are now coming for people working at our Czech parks, with two new five-a-side football pitches being built in Prologis Park Prague-Rudná and Prologis Park Prague D1 East, and a BBQ space also implemented by the pitch in Prague-Rudná.

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