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Warehouse Market News

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.

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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.

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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.

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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.

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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.

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A giant warehouse for Sportisimo in Ostrava is looming. Contera is completing a rough construction of an area of 6 football fields

The new logistics center of the sports chain, which is being established in the Contera Park Ostrava D1 in Hrušov, is approaching the first big milestone. Developer Contera has built the rough construction of most of the warehouse, and will roughly complete the rest by the end of October. The Sportisimo logistics center boasts state-of-the-art technologies and will be one of the largest in the country. In the following years, up to 700 people will find work here.

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Garden architecture also belongs to industrial parks

Planting an industrial park in the surrounding landscape sensitively is just as important as placing the right plants in the ecosystem. Therefore, the P3 company commissioned the Flera gardening studio to develop a Green Concept for its parks. It solves the connection of new vegetation to the existing one, improves the working environment, and at the same time shields the surroundings from the operation of the complex.

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Accolade refinanced the Czech and Polish industrial real estate portfolio for more than eur 200 million.

Accolade continues its plan to increase the stability and profitability of its portfolio of modern and environmentally friendly industrial real estate. With ČSOB and Unicredit Bank, it refinanced parks in the Czech Republic worth EUR 150 million (CZK 3.8 billion). The refinancing of the Polish portfolio follows last year's transaction in the amount of EUR 153 million (CZK 4 billion), to which another EUR 54 million (CZK 1.4 billion) has been added this year, again in cooperation with the German Aareal Bank.

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