CHEP, a leading global provider of supply chain solutions, has implemented a Track & Trace digital solution in its operation, which allows it to monitor the movements and locations of its pallets across the pooling system. The technology was developed in collaboration with partner company BXB Digital, which, like CHEP, is part of the Brambles group. Devices using the principles of the Internet of Things aim to improve the transparency, clarity and overall efficiency of supply chains. Their introduction strengthens the strength of the CHEP business model based on the principles of the circular economy.
The industrial real estate market in the Czech Republic grew at a rapid pace in 2022. Almost 1.1 million m2 of new space was added, which is more than 155% of the five-year average and the highest value ever recorded on the Czech market. In the middle of the year, the market crossed the threshold of 10 million m2, and at the end of the year it narrowly failed to overcome the milestone of 11 million m2 – the market reached a value of 10.8 million m2 at the end of the 4th quarter of 2022. In the last quarter, 150,300 m2 of modern industrial space was added.
It has been another successful year for P3 Logistic Parks, the owner, developer and manager of high-quality European industrial real estate. Across the Czech Republic, new halls were developed by P3 with a total rentable area of almost 59,000 m2 in three parks, an average of six leases were signed each month, leasing a total of 300,000 m2. Of this, three quarters were prolongations (renewals) and expansions by customers.
The industrial developer CTP is finishing the construction of a new building in its CTPark Prague North. The hall, with the working name D8.7B, will offer facilities with an area of 32,000 square meters after its completion in March this year. The second hall D8.7A with an area of 20,000 square meters will be completed in August. CTPark Prague North is located north of the capital, close to the D8 highway.
GARBE, Industrial Real Estate CEE, specialists in logistics and industrial real estate, signed an agreement with Taconova to newly lease 9,240 sqm of industrial and 1,240 sqm of office space.
Rising energy prices are beginning to be liquidating for selected industries, so developers of industrial real estate, including their tenants, are looking for ways to energy self-sufficiency. What are the most common ways to protect against rising prices? In the current situation, logistics operations are more likely to be able to reduce costs to a minimum. Production will not just break free from dependence on gas, and a very difficult period awaits them.
The CTP company has made significant progress in building the sustainable CTPark Hradec Králové industrial complex. High-quality background for business will help with the development of the entire location and will bring many new opportunities for enriching not only the business environment in the Hradec Králové region.
In the third quarter of 2022, the Czech industrial real estate market grew at the fastest rate in history and increased by a total of 511,100 m2. In the first half of this year, the total supply exceeded 10 million m2 and currently stands at 10.65 million m2. The vacancy rate fell to 0.99%, the lowest number on record during the market's monitoring period.
