For several decades, trolleybuses for the entire eastern block were manufactured here. Then, for a long time, the site became one of the largest brownfields in the Czech Republic. And today, the construction of the first hall of the modern Panattoni Park Ostrov North was inaugurated here. Panattoni is constructing the first 20,000 m2 hall, part of which will be occupied directly by Amphenol Tuchel Industrial, the world's leading manufacturer of electrical connectors, smart card readers and cable harnesses.
Rising prices of building materials and energy, rising land prices for new construction, a lack of key components to ensure continuous production or a lack of manpower are plaguing the industrial sector in the Czech Republic. The solution in the area of availability of industrial real estate seems to be the optimization of operation and the increasingly frequent investments of many companies in the automation of routine activities.
The European industrial developer CTP has obtained all the necessary permits for the completion of two industrial halls on the outskirts of Hradec Králové. Their construction can start again in November. The new premises, with a total size of almost 13,000 square meters, will be completed in the first half of next year so that the first tenants can move into them in the spring.
The Industrial Research Forum published data on the warehouse and manufacturing real estate market in the Czech Republic in Q3. The most completed areas are in Prague and the Pilsen region. The largest construction - a new Amazon distribution warehouse - was started in the Olomouc region. The total size of areas under construction currently reaches almost 900 thousand square meters.
The logistics provider Dachser Czech Republic has signed a contract with the development company VGP for tailor-made construction in České Budějovice. New logistics and office space with a total area of almost 7,000 square meters will be built in a newly emerging industrial park in the Světlík commercial zone on the outskirts of the city. Commissioning of the premises is scheduled for next spring.
The development company Prologis has erected the first pillars of its new Prologis Park Prague D1 Ostředek. There will be a total of three buildings in a strategically located location with a 30-minute drive to Prague.
The Arete Investment and Real Estate Group, which includes real estate investment funds, disbursed all investors in the Arete Invest CEE II sub-fund after the March sale of the portfolio, thus successfully closing the investment cycle. This is the second successful closing of the sub-fund and its deletion from the register of investment funds maintained by the CNB. The Arete Group is the only one on the Czech market to close and settle investment funds at the end of the investment cycle, directly as part of the investment strategy.
