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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.

ČS nemovitostní fond buys Panattoni Park Tychy DC1 in Poland

Czech real estate investment manager Reico IS ČS (part of the Erste banking group) has acquired Panattoni Park Tychy DC1 on behalf of its ČS Nemovitostní Fond (ČS Real Estate Fund) for an undisclosed sum.

Presenting a new modern look to the people of Brno. IKEA will open a new outlet near Brno airport

A multimodal Panattoni complex near Brno airport has been chosen by another leader in its field. The global furniture market leader IKEA wants to be closer to customers in Brno and the surrounding regions by moving to a new modern hall. At the same time, thanks to the facilities at Brno park, it continues to contribute to a sustainable future for European business with minimal environmental impact. The total area of the technologically superior part of the hall for IKEA is 8,000 m². It will start serving customers on 27 July 2021.

Park P3 Olomouc is complete. The last premises will be occupied by the Albert hypermarket

The P3 Olomouc logistics park is located in an almost ideal location close to the city center and connected to the D35 motorway. The last vacant space in the just completed building is rented by Albert. It will add new storage facilities to the existing distribution center, which it operates in the immediate vicinity. Additional logistics capacities will ensure fast and smooth supply of stores in Olomouc and the surrounding area.

CTP leases logistics space to leader in new technologies: Bosch is moving from the Netherlands and expanding its activities in the Czech Republic

Leading European industrial developer CTP has provided tailor-made logistics space to international technology and services provider Bosch.
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