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Articles

CTP leases 40,000 sqm in Czech Republic to Vitesco Technologies for €190m EV parts factory

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 Czech Republic has the world’s greenest industrial building

A modern industrial facility at Panattoni Park Cheb South has become the most environmentally friendly industrial building in the world.

The industrial real estate market in the Czech Republic reports an increase in completed areas, but also a decrease in new construction

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).

18,000 sqm Lease With CTP Enables FIEGE to Deliver Nexen Tyres From Czech Republic to Car Manufacturers Across Europe

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.

The delivery of goods using a drone can be a reality within two years, warn DB Schenker and Volocopter

Logistics company DB Schenker and start-up Volocopter are developing the third version of a cargo drone called VoloDron in cooperation with the Fraunhofer Institute. They are seeking certification with the European Union Aviation Safety Agency (EASA). It is expected to be put into commercial operation within two years.

Bigger than expected. Penta with the train station in Florence acquired other lucrative plots and buildings

Investment group Penta, whose development activities are led by billionaire Marek Dospiva, acquired lucrative plots in Karlín, Smíchov, Zličín and, last but not least, in the center of the metropolis. She bought them in a package with the Florenc bus station from ČSAD Praha Holding. She did not state the purchase price, according to the agreement neither the other party will disclose it.

Colliers: Interest in the sustainability of industrial parks grows

In connection with the planned introduction of mandatory non-financial reporting, in which companies will have to report on how they are doing in the areas of the environment, employee relations and responsibility and work ethics, industrial and logistics companies are becoming more interested in sustainable solutions. This interest is then also reflected in their claims to the real estate in which they reside. A survey by Colliers, a leading provider of diversified professional services in the field of commercial real estate and investment management, shows that the issue is most often addressed by large multinational companies that expect properties to be equipped with sustainable technologies such as heat pumps, heat recovery units, energy-saving smart lighting or photovoltaics. Experts from Colliers predict that interest in this topic will increase next year, even on the part of smaller local companies.

Taconova opened a production and logistics hall in Garbe Park in České Budějovice

The industrial developer Garbe and the company Taconova, a manufacturer of equipment for heating and cooling solutions, indoor climate and sanitary technology, inaugurated 10,000 square meters of industrial space in the Garbe Park in České Budějovice.

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