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Articles - lease

Prazdroj builds a fully automated and energy-efficient warehouse

Prazdroj has to ensure a more efficient storage and faster handling of beer in bottles and cans, which is being built in the Pilsen brewery. It will be put into operation at the end of this year, now an advanced shelving system is being installed, followed by cladding and installation of other technologies. This is an investment of 780 million crowns, thanks to which the brewery can supply stores faster, and with the help of new technologies, the building will also be energy efficient.

Developers are curbing speculative construction due to rising costs

Under the influence of rising building material prices, lack of capacity of supply companies and a sharp increase in energy costs, many industrial developers have decided to postpone or slow down the speculative construction of industrial buildings. Due to the continuing demand, this will further open up space for rent growth, which already in the first quarter of this year, not only in attractive locations around Prague and Brno, exceeded an average of 5 euros per square meter per month. This is reported by the quarterly analysis of the real estate consulting company 108 Agency.

WeDo starts superhub operation near Ostředek in Central Bohemia. The deployed shoe sorter has a capacity of up to 100,000 packages per shift

This week, the logistics operator WeDo launched the operation of the super hub in Ostředek near D1. With an investment of over half a billion crowns, it is one of the biggest logistics innovations on the Czech market this year. Thanks to the opening of the super hub, the capacity of Wedo will increase significantly, which will be ready for further expansion in the coming years.

The industrial market is overheated, there is interest in the regions

Despite a cursory glance at European data, it seems that the Czech Republic is the premier in the region of Central and Eastern Europe in the number of m2 of industrial real estate per person, the current situation in the lack of new warehouse and production space is critical in our country. Prices around Prague and Brno for rent are skyrocketing (up to 50% year on year) and new construction is in jeopardy. Delivery times for new turnkey industrial buildings are being extended due to Russian aggression in Ukraine, and what used to take 7 months to build is now being delivered in 9-12 months. Builders often do not hold quotations for more than a week, so companies have to make quick decisions and approves, which can be a problem, especially for multinational corporations. This was stated by Prochazka & Partners.

Tenant activity in Czech industrial market reaches new peak

According to Savills latest report, 2021 was the best year on record for the Czech industrial market in terms of tenancy activity, despite the low volume of new completions and extremely low vacancy rate. Gross take-up totalled a staggering 2.32 million sqm, being 53% higher than the previous record of 1.55 million sqm seen in 2020. Annual net take-up (excl. renewals) reached 1.48 million sqm, a 46% increase over the former record of 1.01 million sqm registered in 2017, Savills reports.

The combined transport terminal is being completed in Mošnov, the first confirmed tenant is PST CLC

Demand for warehousing capacity is high, as is demand for logistics services. The combined transport terminal in the logistics zone in Mošnov will help solve this situation in northern Moravia. The first future tenant that has already been officially confirmed is PST CLC. In addition to transport and customs services, it will also offer clients warehousing in the form of logistics outsourcing.

VGP handed over the newly completed hall in České Budějovice to Dachser. The space allows the operation of intelligent logistics

The European developer and owner of the semi-industrial and logistics real estate VGP has completed the construction of Hall C in VGP Park České Budějovice located in the Světlík commercial zone. The building was tailored to Dachser Czech Republic, an international logistics company specializing in collection services, contract logistics and other services. The ceremonial handover of the new logistics and office space with a total area of 7,042 square meters has already taken place. The operation of the logistics center will start in the coming days.

Newcomers in P3 parks - offices, showrooms and a large freezer

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.

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