Development company Panattoni, in cooperation with the investment group Accolade, announced the completion of the acquisition of land near the highway and railway junction and Leoš Janáček Airport in Mošnov. The companies have acquired space here for the construction of an industrial complex called Panattoni Park Ostrava Airport.
New supply dropped below the 5 year average due to construction delays and developers intentionally delaying completion when a suitable pre-lease is not found.
Industrial Research Forum Announces Industrial Market Figures for Q4 2024
The total amount of industrial space reached 12.3 million sq m, of that 106,700 sq m were delivered in Q4 2024
Speculative development decreased for the first time since Q1 2024. Of the 978,300 sq m currently under construction, 31% is being built speculatively
Net take-up for industrial space reached 217,700 sq m in line with the quarterly average of this year.
The vacancy rate increased by 3 basis points compared to the previous quarter, reaching 3.13%
Prague’s average highest achievable rent stayed stable, reaching around €7.00-7.50 per sq m per month
Katarína Cihová, Leasing and Business Development Director at WOOD Real Estate, has been part of the commercial real estate market in Bratislava since its beginnings and has been active in the field for over 25 years. In this interview, she shares her insights and reflections on the future of the sector.
The Office for the Protection of Economic Competition (ÚOHS) has authorized the American investment company Blackstone to purchase a portfolio of ten logistics parks in the Czech Republic.
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Interviews with experts and questionnaire surveys showed that the Czech logistics sector is facing key decisions and changes that can fundamentally affect its future direction. Companies in the Czech Republic are facing increasing challenges, which include labor shortages, pressure on wage growth, the need to transition to automated processes and European regulatory policy. These factors force companies to rethink their strategies and investments in order to succeed in today's market.
The past few years certainly haven’t been easy for retailers. A pandemic, global chain disruptions and shortages, inflationary pressures that have squeezed consumers’ wallets and increased product costs, economic uncertainty and geopolitical instability have resulted in the closure of thousands of stores and the demise of numerous brands. Not content with all this economic disruption, a new phase of digital technology has altered consumer behaviour and increased expectations, changing the retail marketplace forever. Growth opportunities exist, but seizing them requires new mindsets, technologies, supply chain capabilities, and logistics networks.
