The first tenant in the new Panattoni Park North Ostrov industrial zone will be Amphenol Tuchel Industrial, a manufacturer of electrical connectors, smart card readers and wiring harnesses. The company will occupy part of the smaller of the two planned halls with an area of almost 20,000 m2. Construction of a modern industrial building will begin in the second half of this year.
Prologis achieved several successes in the first quarter of 2021. The total portfolio reached 18.7 million square meters. Lease activity for the first quarter of 2021 was at the level of 935,719 square meters, of which 187,954 square meters were new leases and 747,765 square meters related to extended leases. The change in the lease of premises reached plus 10.8%.
Dirt, cables, holes and dust everywhere. Robot manufacturers and developers are enthusiastic about the premises located in the newly built TechTower science and technology park in Pilsen. At least according to the words of Luďek Šantory, director of the Information Technology Administration of the City of Pilsen, under which the project falls. This is a two-storey space of the original boiler room in which the explosion occurred. This has created an ideal place for developers, which provides them with real conditions.
The activity of real estate investors fell to the lowest values since 2013 in the first quarter of this year. The owners changed their commercial (and residential) buildings for EUR 310 million. Rather than the effects of covid measures, the result was affected by the lack of quality real estate to buy.
The Panattoni Park Prague Airport II industrial zone will be strengthened by comic book superheroes. The last free space with an area of 1600 m2 will be occupied by the publishing company Seqoy and it will store books and comics. The hall aspires to a very high evaluation within the BREEAM ecological certification. Thanks to the transaction, the industrial park near Pavlov in Central Bohemia was filled at a record pace. The builder of the industrial buildings, Panattoni, was able to build and occupy a total of 130,000 m2 of modern industrial space in just 5 years since the start of construction.
The city of Ostrava is selling additional land in its strategic industrial zone in Mošnov. The purchase is the Italian company IRCE, which will build halls for the production of copper and aluminum conductors for the winding of electrical machines. They will be built by the end of 2024 at the latest. The company will pay almost 27.6 million crowns, including VAT, for the land. The sale was approved by Ostrava representatives at their meeting on Wednesday, April 14.
Industrial real estate developer VGP has acquired a new tenant for its logistics park VGP Park Prostějov. ITAB Shop Concept, a leading supplier of comprehensive solutions for shop and warehouse equipment, will move lighting assembly for the European market here.
Continental Automotive Czech Republic, which supplies automotive electronics, in cooperation with CPI Property Group, has begun construction of two new buildings in its production facility in Brandýs nad Labem. It is a hall for the production of displays and an office building, which together will offer a total of five thousand square meters of new space. They should be put into operation at the beginning of 2022. In addition to production, Continental will also focus on the further development of state-of-the-art warehousing technologies, some of which it already uses in real and test operations.
