The distributor of medicinal products on the Czech market, the company ViaPharma, and the developer CTP have signed lease agreements for 20 years in two domestic CTParcs. The CTP company will hand over to the tenant premises with a total area of almost 27,000 square meters and a number of specific modifications for the pharmaceutical industry by the end of 2023. CTPark Ostrava Poruba and CTPark Brno Líšeň will be other locations of mutual cooperation, ViaPharma already rents three warehouses in Romania.
The area of the former glassworks in Teplice has come back to life. Thanks to the successful revitalisation of the brownfield, the modern Panattoni Park Teplice South complex is now fully occupied and fully operational.
The acquisition of two logistics companies in half a year was carried out by the company DSV in North America. The local market is quickly adapting to the recovery in logistics. The three countries of the region, i.e. USA, Canada and Mexico, benefit from rich resources of raw materials and a wide transport network. The region is slowly building on its automotive history and welcoming concerns leaving China. According to the DSV, the only thing missing from the strategic plans is the willingness of municipalities to build on brownfields.
The owner, developer and manager of industrial real estate P3 Logistic Parks welcomed Zitek logistics to its Ostrava park. Here, it will store the complete product portfolio of Pivovary Staropramen, specifically the brands Staropramen, Braník, Ostravar and others. Traffic in the L1 hall begins to pick up during the spring months.
Construction work on the joint project of the development group Garbe Industrial Real Estate CEE and the investor Progresus started in April this year. The Garbe Park Chomutov II industrial hall with a total leasable area of almost 21,000 square meters, which will be built by the end of the year, is currently 73% leased.
In the first quarter of 2023, a total of 217,900 square meters of warehouse space was completed in 18 industrial parks across the Czech Republic. This volume represents a 25% increase over the previous quarter. However, compared to the same period last year, there was a decrease of 26%. At the time of completion, approximately 83% of these projects were already pre-leased. The total area of modern industrial premises intended for rent reached the limit of 11 million square meters.
Arete Group's third fund focused on industrial and logistics assets in the region of Central and Eastern Europe completed the purchase of a production hall near Milovice in Central Bohemia. The long-term tenant of the building will be AAS Automotive, which specializes in the production of longitudinal and transverse roof racks.
