Developer CTP is launching a new project within the development of Ostrava's Technology Park in Pustkovec (also known as T-park). The multifunctional building T6 with a total area of approx. 30,000 m2 will create a space that will connect the scientific sphere, innovative companies and students. The project, with an estimated investment of 50 million euros, is due to be completed at the end of 2027.
The study, carried out as part of the upcoming Panattoni Park Pilsen West III project by Buildigo, showed that dark facades mean up to a threefold increase in the heat island effect compared to the use of light facade surfaces. The combination of light surfaces and strategically placed greenery can also improve the perceived temperature by up to 20 percent, even compared to the original undeveloped location. The results of the study were published by the developer Panattoni.
American equity firm Blackstone is buying CT Real Estate, a portfolio of ten logistics parks, for €470 million from TPG Real Estate. The mentioned industrial properties currently cover an area of approximately 500,000 square meters in the Czech Republic and Slovakia. Five years ago, TPG Real Estate created a joint venture with the developer Contera and thus acquired its portfolio, which has since quadrupled with joint efforts.
Even though the demand for industrial premises in the third quarter of this year was still below the level of the five-year average, the first signs of market recovery began to appear and the number of concluded contracts began to grow slightly. The total volume of the Czech market for industrial and warehouse space grew by 6.4% year-on-year to 12.2 million m2, the vacancy rate rose by 33 basis points quarter-on-quarter to 3.11% and the limited supply of new space combined with cheaper foreign competition and cheaper in older premises, it slowly began to push prices down. This is according to the quarterly industrial real estate market published by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.
Schneider Electric, a leader in the digital transformation of energy management and automation, introduces the new Galaxy VXL – a highly efficient and compact 500-1250 kW uninterruptible power supply (UPS). This next-generation UPS delivers state-of-the-art power protection solutions for the critical infrastructure of AI-powered data centers and modern digitally controlled industrial enterprises.
VGP, a leading European owner, manager and developer of industrial and logistics real estate, has officially completed the final phase of VGP Park Olomouc by handing over Hall E to MAPEI. This global leader in construction chemicals has leased 4,267 m² of modern warehouse and office space, which will serve as its new Czech headquarters. Aiming for BREEAM Excellent certification, this state-of-the-art facility marks the culmination of VGP's development at the park.
Urban and industrial zone development planning, renewable energy sources, strategic investments, and ESG reporting. The Bold Future conference, which was hosted by the Prague Congress Center on Tuesday, November 12, addressed these topics with a unifying focus on sustainability.
Development company 7R and real estate investment manager EQT Exeter have joined forces to build the EQT Exeter Park Prague D8 Lužec logistics park. The project includes two buildings with an area of 44,000 and 12,000 square meters, a total of 68 docks and 12 m of clear height.
