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Warehouse Market News

Vacancy of industrial halls has fallen to an all-time minimum, rents continue to rise

The total area of modern industrial premises intended for rent in the Czech Republic increased to 9.28 million m2 in the second quarter of 2021. A total of 113,200 m2 of warehouse space in 11 industrial parks was completed in the Czech Republic. Compared to the same period of the previous year, this is a 46% decrease and a quarterly increase of 66%. At the time of its completion, approximately 89% of the projects had already been leased.

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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.

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Cargo-partner has expanded its three warehouses in Poland, the Czech Republic and Slovakia. Food products have their places in Dobrovíz and Brno

The latest investments of cargo-partner went to the logistics centers Brwinów near Warsaw in Poland, Dunajská Streda near Bratislava in Slovakia and Dobrovíz near Prague in the Czech Republic. The logistics company thus responds to the growing demand in these regions.

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The VoloDrone drione carries up to 200 kilograms of cargo. DB Schenker, Volocopter and the Fraunhofer Institute already have an operational plan for it

The VoloDrone cargo drone successfully passed the first stress test in simulated operation at its presentation at the International Aviation Conference in Berlin. DB Schenker and Volocopter have been working on its commissioning together with the Fraunhofer Institute since 2019, and this year the first operational plan was created. The drone will make it possible to transport cargo to hard-to-reach places and offer customers fast and emission-free transport.

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Skanska wins EUR 77 mln D55 contract

Skanska has been awarded a contract worth more than CZK 1.95 bln (app. EUR 77 mln) from the Czech highway authority to build a section of the D55 motorway in the area of Staré Město in Moravia.

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Real estate investment: offices, warehouses and retail parks attract the most

Fourteen of the fifteen retail properties that changed owners in the first half of this year were retail parks. Usually about 3000 square meters in size, located in smaller Moravian and Czech towns. Nevertheless, retail-related facilities, which express investors' confidence in the spending of the population, and thus the stable development of the economy, accounted for only 12% of the total volume of investments. It reached 800 million euros from January to June. Investors and warehouses attracted even more investors. This is evidenced by a recent analysis by BNP Paribas Real Estate.

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Arete secures €30 million financing from Raiffeisenbank

The Arete Investment and Real Estate Group signed an agreement with Raiffeisenbank to draw a €30 million umbrella credit line. The funds will be used to accelerate the growth of the Arete Industrial SICAV fund's portfolio through prepared acquisitions and new construction of industrial real estate while maintaining a safe and conservative LTV ratio.

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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.

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