Large transactions returned to the Czech real estate market. The first quarter of this year was the strongest in the commercial real estate investment market in the last few years. The market thus returned to pre-pandemic levels. The confidence of domestic investors is also constantly growing. However, the impact of the war in Ukraine and the expected stagflation of the Czech economy remain largely unknown.
VGP NV (‘VGP’ or ‘the Group’), a European provider of high-quality logistics and semi-industrial real estate, has published its Corporate Responsibility Report 2021. The report details VGP’s achievements and progress against its previously set targets and underscores the company’s commitment to strengthening sustainability efforts across its day-to-day business. VGP’s key objective is to align its portfolios’ performance with the goals of the Paris Agreement and is working with clients to help them realize their decarbonization strategies — efforts that are intended to drive near-term actions that will help set the world on a path to achieving net-zero carbon emissions by 2050.
A new logistics warehouse will be built in Valašské Meziříčí, which is being prepared by DB Schenker in cooperation with the Arete investment group. In two halls, they will find a place of service for the existing customer from the region, coffee producer Jacobs Douwe Egberts, as well as for new projects. The terminal will improve coffee supply chain management and expand DB Schenker's logistics network. The warehouse is scheduled to begin operating this September.
Skladon, one of the largest Czech providers of fulfillment for e-shops, continues its mission to provide Czech e-shops with the simplest possible logistics with fast delivery worldwide. Last year, it increased its turnover by 157 percent to 121 million crowns and is already used by a total of 70 e-shops with a total turnover of several billion crowns. Last year, the company shipped goods to 182 countries around the world and helped its clients grow by an average of 156 percent year on year. In the next two years, Skladon plans to expand with new distribution centers abroad and at the same time expand its Ostrava premises by more than half of its current area.
The builders of the warehouses and logistics complexes will not stop since the outbreak of the covid pandemic due to the demand driven by the boom of online stores. That is, if they have a place to build. And it is the lack of vacant land and the complex permitting process, in which the inhabitants of many municipalities are not in favor of building halls, that increasingly developers are moving towards projects mixing warehouses with smaller retail spaces, and in some cases even leisure areas.
Last year, P3 recorded a 45% increase in rents. She leased most of the space to existing tenants. At the same time, it welcomed 18 new brands in the field of retail, e-commerce and logistics in its parks. It leased them areas of various sizes from less than a hundred square meters in Prague to more than 22,000 m2 in Lovosice.
A new 21,000 sqm logistics park is under construction in the town of Valašské Meziříčí, located in the east of the Czech Republic. The third fund of the Arete Group is now starting construction with an investment of over €15 million. According to the investor´s plans, the first tenants will move in by the end of this year
STILL plans to introduce a new range of ACH trucks at LogiMat in Stuttgart. In a realistic application scenario, a Hamburg intralogistics specialist will demonstrate how versatile and flexible automated mobile robots (AMRs) can operate in symbiosis with automated vertical trucks, such as forklifts or narrow aisle trucks.
