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Warehouse Market News

CBRE is announcing the largest Czech I&L transaction of the year: CONCENS INVESTMENTS and J&T completes eur 150 mln logistics portfolio sale

CBRE, the world’s commercial real estate leader, advised CONCENS INVESTMENTS and J&T on the sale of 5 logistics halls located in two logistics parks in Ostrava, specifically in Logistics Park Nošovice and OSTRAVA AIRPORT MULTIMODAL PARK in Mošnov. The portfolio consists of 140,000 sqm of brand-new A class logistics premises and the overall transaction value was approximately EUR 150 mln. The portfolio was sold to EQT Exeter, for whom this transaction represented clear evidence of their strong commitment to the Czech market.

Dachser launches Christmas-Hub at the end of the year

The logistics provider Dachser is responding to the increased demands on shipments between Christmas and New Year and has prepared a system solution for them. On Monday, December 27, it will launch the so-called Christmas-Hub in Erlensee, Germany, which will cover orders for distribution across Europe, including from Czech customers. The Dachser Kladno branch will be connected to the Christmas-Hub by a direct daily collection service line. The Dachser Christmas-Hub will be operational by the end of this year.

VGP expands its portfolio with another location in Ústí nad Labem: new park will focus on last-mile logistics

VGP, the developer and owner of semi-industrial and logistics real estate, is expanding its portfolio with another location in Ústí nad Labem, where it plans to build a new technology park named “VGP Park Ústí nad Labem City”. As the name suggests, the project is strategically located close to the city centre. Nevertheless, it is only 2 km from the D8 motorway connecting Prague and Dresden.

Fashion retailer Primark leases more warehouse space in CTPark Bor to supply both Germany and Prague

Irish clothing chain Primark has expanded the space it leases in CTPark Bor, the largest Czech industrial park. CTP, the developer and owner of the park, recently finished another warehouse for Primark, which will be fully automated, incorporating the latest robotic technology. In total, Primark leases approximately 80,000 m2 of A-class warehouse space in CTPark Bor.

P3 reports a year-on-year increase in leased space in the Czech Republic of 45 percent

The year 2021 was unstable for many industries and especially supply chains, but the industrial developer P3 is getting stronger. It has leased 430,000 square meters in the past twelve months, a year-on-year increase of 45 percent. The number of agreed transactions was record-breaking, with this developer, owner and manager of industrial real estate concluding an average of 1.4 contracts per week.

One of the largest online retailers of automotive components AUTODOC will have a distribution centre in Cheb

AUTODOC, Europe's leading online retailer for vehicle parts and accessories, has chosen Panattoni Park Cheb South, which is being built jointly by developer Panattoni, for its expansion into the Czech market. The 31,500 sqm automated distribution centre will offer excellent transport links thanks to its geographical location, as well as key elements of a state-of-the-art green industrial property, as it will expand on a building which was the first project in the Czech Republic to be awarded an ‘Outstanding’ sustainability rating and a record score of 90.68% according to the BREEAM global sustainability certification.

PST CLC provides storage and distribution for Noark Electric Europe in Úžice. It processes 2,000 orders a month and ships 5,000 pieces of goods

PÚ CLC, a company belonging to the global Mitsui-Soko Group, operates a multi-client warehouse in Prague near Prague. In Prologis Park, it provides services for approximately 25 clients on an area of more than 13,000 square meters. One of the most important is Noark Electric Europe, for which PST CLC provides comprehensive logistics and warehousing outsourcing.

Panattoni builds two halls in Týniště nad Orlicí. The first confirmed tenant is C.S.Cargo

The development company Panattoni is expanding the offer of industrial premises in the Rychnov region. Two new buildings will be built gradually in Panattoni Park Týniště. The first of these will offer 16,000 square meters of leasable area, and half of it will be occupied by the first tenants in early summer 2022. The transport and logistics company C.S.Cargo will start operating the warehouse of the Czech brand of household appliances Concept here.

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