The ninth year of the international conference on Sustainable Buildings will focus on the decarbonisation of the construction industry. The event, which takes place on March 5, 2024 at the Stages Hotel Prague, is a respected event in the field and will feature a number of global and domestic representatives of the sustainable construction industry. Systémy Logistiky magazine is a media partner of the conference.
The Urbanity real estate group has started the construction of two more production buildings at its industrial campus in Tachov. Clients will be able to customize the offered units from 5,000 square meters to 18,200 square meters to suit their needs. They will meet demanding requirements for internal layout and the quality of the working environment. According to the company, Urbanity Campus Tachov became the first ever industrial site in the Czech Republic to receive international BREEAM Communities certification. The roofs of both halls will be equipped with photovoltaic panels connected to battery storage, and of course there are also charging stations for electric cars.
DRFG Investment Group and Heraeus Medevio have started the construction of a new production hall in Plotiště near Hradec Králové. The building is built for ownership, in the build to own mode, which DRFG focuses on. The buyer is Heraues Medevio, a partner of a major global medical device company, which will house its specialized production and offices in the building, which is scheduled for completion at the end of this year. Over 300 jobs will be created here, 60 of which will be held by university-educated employees. The mediator of the transaction is the real estate consulting company Cushman & Wakefield, which also managed the development tender.
Industrial Research Forum Announces Industrial Market Figures for Q4 2023
• Modern industrial stock reached 11.7 million sqm, as over 271,600 sq m of new space was delivered to the market.
• Demand for industrial space picked up this quarter, reaching nearly 397,000 sq m.
• Speculative development decreased to 30% of the almost 1 million sq m currently under construction.
• The vacancy rate increased by 34 basis points compared to the previous quarter and remained low at 1.75%, with an additional ca. 300,000 sq m of vacant space in shell and core.
• Prague’s average highest achievable rent has remained stable, reaching around €7.50-7.70 per sq m per month.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has leased approximately 40,000 sqm at CTPark Ostrava Hrušov in the Czech Republic to Vitesco Technologies, a leading international manufacturer of modern drive technologies and solutions for electrification.
The total area of modern industrial premises for rent in the Czech Republic reached 11.7 million square meters. A total of 271,600 square meters of new warehouse space was delivered to the market in 15 industrial parks across the country. That's up 56% from last year and up 49% from the previous quarter. At the same time, however, the volume of new construction fell. Data on the warehouse and manufacturing real estate market in the last quarter of 2023 was announced by the Industrial Research Forum, whose members are CBRE, Colliers, Cushman & Wakefield and iO Partners (JLL's preferred partner in the CEE region).
This will be FIEGE’s third location with CTP, following existing leases in Poland and the Czech Republic, and brings their total occupation across CTParks to 59,000 sqm. From April 2024, the new regional distribution centre at CTPark Žatec will be used to store tyres from Nexen Tire Europe and supply them to automotive manufacturing plants across Europe. The warehouse had to be specially adapted for the storage of tyres in transport cages, which was handled flexibly by CTP. FIEGE will provide complete logistics services at CTPark Žatec for Nexen Tire Europe, which has its European production plant close by.