Originally a Czech company, CTP, one of the top five real estate developers in Europe, is expanding its network of CTParks to the Netherlands. The company, which Remon Vos founded in Humpolec in 1998, has now appointed new management in the Netherlands and recently committed to invest 300 million euros (less than 8 billion Czech crowns) in the country after the recent announcement of its intention to list Euronext Amsterdam with its shares.
Most industrial developers have received building permits for large industrial halls or warehouses in Ostrava and its surroundings. Almost three-quarters of a million m2 of industrial real estate will now appear here. This is a consequence of the fact that the Moravian-Silesian Region and the City of Ostrava, within the framework of reclamation, support the establishment of logistics and storage zones also on the territory of former industrial areas, in which production no longer takes place today.
The supply of modern industrial premises in the Czech Republic increased by 314,800 square meters in the second half of 2020. This marked a slight (7%) slowdown in construction activity compared to the first half of the year. According to the latest Savills report, the total area of industrial space for rent reached 9.11 million square meters at the end of 2020. More than half (62%) of this area fell on the three most developed sub-markets - Prague (3.21 million square meters), the Pilsen Region (1.33 million square meters) and the South Moravian Region (1.15 million square meters).
The largest retailer of sporting goods on the domestic market will move its logistics base from Rudná near Prague to Ostrava. The lease of the Sportisimo warehouse in Contera Park Ostrava D1 with a built-up area of over 90,000 square meters has become the largest lease on the industrial real estate market in 2020. The gradual move to the new techno center will begin this year.
Antwerp (Berchem), Belgium: VGP NV (“VGP” or the “Group”), a European provider of state-of-the-art logistics and semi-industrial real estate, is committed to continuing to implement comprehensive sustainable measures in the coming years to reach carbon neutrality by 2025 . To this end, the company has set new ambitious goals today.
The year 2020 brought new challenges in industrial development, mainly due to the onset of the coronavirus pandemic. At the same time, longer-term trends have developed and continue to develop, such as the focus on the sustainable construction of warehouse buildings, including the increasing interest in environmental certifications. There is also a growing emphasis on improving the working environment for warehouse employees.
According to the latest Savills report, the volume of investments in commercial real estate in the Czech Republic in the second half of 2020 amounted to 797 million euros, with 60% (ie 478 million euros) of these investments related to Prague real estate.
