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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.

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.

HELLA to build new laboratory at CTPark Ostrava

In addition to manufacturing capabilities and an R&D centre, HELLA, a global manufacturer of lights and electronic components for cars, is now building a state-of-the-art testing laboratory in the Ostrava region. The lab will be located at CTPark Ostrava Hrabová, where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle.

The German family company Andreas Schmid Logistik expands into a new building in P3 Prague D6

The expansion of e-commerce and growing volumes of orders has led the logistics company Andreas Schmid to consider moving to a larger one. The industrial developer P3 will build a new hall for it in P3 Prague D6 near Stochov in Central Bohemia, part of the building will be for rent.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

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

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.

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