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Warehouse Market News

CBRE analysis: The subletting trend is slowly but surely starting to affect the industrial and logistics real estate market

The domestic industrial real estate market experienced a real "boom" during the coronavirus pandemic. The record growth of interest in renting new premises, especially from companies linked to e-commerce, triggered extensive speculative construction. However, after two extraordinary years, there was a slowdown in demand last year, which continues this year as well. Although the market situation is stable and positively influenced by the gradual reduction of construction costs in combination with the stabilization of yields, in recent months there has been a slight increase in the vacancy rate and the emergence of two new phenomena on the market. CBRE, a world leader in commercial real estate services, analyzes the growing trend of subletting and targeted maintenance of some properties by developers in the so-called shell & core condition.

Wedo becomes One by Allegro and the group starts operating its own dispensing boxes in the Czech Republic

Logistics operator Wedo is changing its name to One by Allegro. The company thus unifies the name and brand identity in all markets where it currently operates. The rebranding comes simultaneously with the introduction of One Boxes, i.e. Allegro Group's own dispensing boxes, to the domestic market. There are currently over 140 of them in operation, and the group continues to expand its services in the Czech Republic.

Moravia Steel is considering taking over part of Liberty Ostrava's operations

The Moravia Steel Group is seriously considering the possibility of operating some of Liberty Ostrava's secondary production operations. Specifically, it is a pipe laying plant, said Moravia Steel Group spokesperson Petra Macková Jurásková. Liberty Ostrava has been in bankruptcy since June, and most of its operations have been closed since last December.

C.S.CARGO Group continued to grow in 2023

The C.S.CARGO Group achieved significant growth in sales and profitability in 2023, despite adverse economic conditions. Revenues increased to 8 billion crowns, which represents a slight increase compared to 2022. Operating profit (EBITDA) increased by 28% to 701 million crowns. Investments in the renewal of the vehicle fleet, logistics projects and IT technologies reached a total of 376.5 million crowns.

REAL KREDIT: Interested parties have one thing in common – they want to build their premises according to their own ideas in a convenient location with available qualified labor

Dear Mr. Štěrbo, we are glad that you and REAL KREDIT a.s. we can welcome you to the Skladinfo.cz portal! I would like to ask you a few questions about the prepared project Business Park Staré Město in the heart of Moravia.

Interview: Jiří Zita: "As the first industrial developer, we have introduced BREEAM New Construction certification at the Excellent level into our standard"

We have prepared an exclusive interview with Jiří Zita, Director of the Panattoni Europe Commercial Department in the Czech Republic, for Skladinfo.cz readers. What transformation projects are they currently working on and how has the Covid-19 pandemic affected industrial space construction and demand?

Tenants

Date Business Center Tenant m2 Agency
2024 Q2 SEGRO Logistics Park Prague IKEA 6720
2024 Q1 P3 Ostrava Central Bezvapostele.cz n/a
2024 Q1 CTPark Ostrava Hrušov Vitesco Technologies 40000

More Transactions »

Best of 2024

  • Largest Rental:

    CTPark Ostrava Hrušov - , with 40000m2 rented space

  • Most Active Warehouse Building:

    CTPark Ostrava Hrušov, 1 db rentals, with 40000m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 64720 m2

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