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Arete Group's third fund focused on industrial and logistics assets in the region of Central and Eastern Europe has finalized the construction of a new industrial hall within the Arete Park Rokycany I complex. The total value of the development is 7 million euros, roughly 165 million crowns. The company Raben Logistics Czech, which offers comprehensive logistics services, is moving to the premises.

While in the first half of 2022, the consistent interest of developers pushed up the prices of development land, the second half meant a noticeable weakening of demand from traditional buyers. However, plots of land were still being sold - only the developers were replaced by investors in renewable energy sources, which are supported by the new, more liberal legislation. The information was published by the real estate consulting company 108 Agency, which last year mediated transactions related to development plots with a volume of over 500,000 square meters.

We have prepared an exclusive interview with Jiří Zita, Director of the Panattoni Europe Commercial Department in the Czech Republic, for Skladinfo.cz readers. What transformation projects are they currently working on and how has the Covid-19 pandemic affected industrial space construction and demand?

The Slovak part of the Geis Group, an international provider of comprehensive logistics services, will move from Senec to the premises in VGP Park Bratislava at the end of the year. Located in the area of Triblavina.

Date	Business Center	Tenant	m2
2023 Q1	Panattoni Park Cheb South	AUTODOC	25142
2023 Q1	P3 Prague Horní Počernice	Virtuplex	985
2023 Q1	VGP Park Ústí nad Labem	Bosal Aftermarket Europe	10000
2023 Q1	GARBE Park České Budějovice	Taconova Group AG	10480