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Articles - warehouses

Prologis started the construction of an industrial park near Ostředek in Central Bohemia

The development company Prologis has erected the first pillars of its new Prologis Park Prague D1 Ostředek. There will be a total of three buildings in a strategically located location with a 30-minute drive to Prague.

The new UPS logistics center has significantly increased sorting capacity

With the opening of a new logistics center in Tuchoměřice near Prague, the transport and forwarding company UPS is responding to the growing demand for e-commerce in the Czech Republic and throughout Europe. The area with an operating area of 8,500 square meters will sort up to 5,000 packages per hour, ie five times more than the capacity of the existing UPS center in Prague Ruzyně.

Rohlik Group invests up to 400 million euros in warehouse automation

Rohlik Group will deploy an automated warehousing and retrieval system (ASRS) in its distribution centers, thus increasing the efficiency of order picking and utilization of warehouse capacity. In the first phase, the group invests about 45 million euros in automation, in the years 2022-2025 it will be a total investment of up to 400 million euros.

Arete Invest settled investors and closed the investment cycle

The Arete Investment and Real Estate Group, which includes real estate investment funds, disbursed all investors in the Arete Invest CEE II sub-fund after the March sale of the portfolio, thus successfully closing the investment cycle. This is the second successful closing of the sub-fund and its deletion from the register of investment funds maintained by the CNB. The Arete Group is the only one on the Czech market to close and settle investment funds at the end of the investment cycle, directly as part of the investment strategy.

VGP is looking forward to EXPO REAL 2021 in Munich

VGP NV (‘VGP’ or ‘the Group’), a pan-European provider of high-quality logistics and semi-industrial real estate, will again be present at the upcoming EXPO REAL in Munich, Germany. The three-day International Trade Fair for Property and Investment will take place from October 11–13, 2021, hosting the entire property and investment industry from all over the world.

Cube to open plant in CTPark Cheb

German bicycle manufacturer Cube is to open a 10,000 sqm production plant in CTPark Cheb in the far west of the country.

Panattoni to build for Amazon the first robotic fulfillment center in the Czech Republic on a brownfield site near Kojetín

Eight years since Amazon announced its entry into the Czech Republic, the world's leading e-commerce company has announced its expansion into Moravia. Industrial zone builder Panattoni will build the first robotic fulfillment center for Amazon in the Czech Republic on a brownfield site of a former sugar factory near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic.

CBRE: How is the Czech commercial real estate market changing and what are its prospects?

• There are clear signs of recovery in the market. The volume of investments in commercial real estate in the Czech Republic is growing. • This year, the industrial real estate sector will record the historically highest volume of demand. • The multifamily segment with rental housing products is included in the course. • The interest of international investors in Czech assets remains strong.

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