Hopi Czech Republic, a prominent 3PL services provider in Central Europe, is significantly enhancing its material handling capabilities through a strategic partnership with Crown Lift Trucks. This collaboration involves the deployment of a new fleet of heavy-duty Crown forklifts at their Strančice warehouse, marking a major investment in advanced logistics infrastructure designed to optimize efficiency and productivity for businesses seeking robust supply chain solutions.
Cushman & Wakefield reinforces its leading position in the Czech commercial real estate market with a key hire, strengthening expertise in mixed-use developments and retail, which benefits businesses seeking diverse property solutions.
C.S.Cargo is revolutionizing long-haul logistics by deploying the Mercedes-Benz eActros 600 electric truck with a 500 km range. This strategic move towards sustainable transportation has significant implications for businesses seeking environmentally friendly supply chain partners and highlights evolving requirements for modern warehouse and distribution facilities.
Kuehne+Nagel's new 10,600 sqm logistics center at Panattoni Park Prague Airport II, set for 2026 operation, signals a major opportunity for businesses seeking integrated storage, distribution, and office solutions in a strategically vital location.
Discover how a brand new, state-of-the-art logistics terminal in Boršov nad Vltavou, South Bohemia, is transforming supply chain capabilities, offering businesses unparalleled connectivity to both Central and Western European markets and presenting prime opportunities for growth in the region's burgeoning industrial parks.
Prologis, a leader in logistics real estate, has announced an impressive 98% occupancy rate across its Czech Republic portfolio, reflecting robust demand despite global economic uncertainties. This strong performance signals a vibrant market for high-quality industrial and warehouse spaces, making it an opportune time for businesses to secure their strategic locations.
The fourth quarter of 2024 did not bring any significant change to the industrial and logistics real estate market. Although demand returned almost to pre-Covid volumes, the number of newly completed buildings remained low. Only 106,700 square meters of new space were delivered, which is the lowest in the last three years. The vacancy rate increased by 3 basis points to 3.13% and the highest rent achieved stabilized at around €7.50 per square meter. Given that many projects planned for this year have been postponed, the development for 2025 looks significantly more positive, with 870,300 square meters of new space expected to be completed. This is according to a regular quarterly survey conducted by Colliers.
The total supply of modern industrial premises in the 1st quarter of 2024 reached 11.87 million square meters. The demand for industrial premises slowed down, the gross realized demand reached only 160,400 square meters. At the end of the first quarter, almost 0.92 million square meters of industrial space was under construction in the Czech Republic. The vacancy rate increased by 28 basis points from the previous quarter to 2.0%. The average highest rent achieved in Prague remained stable at approximately EUR 7.50 - 7.70 per square meter per month.
