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Articles - Office Relocation

The Arete Group completed the acquisition of an industrial hall near Milovice

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.

Sustainable logistics halls are being built near Prague, the first of which will be completed in March

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.

Industrial spaces: Back to normal

Currently, most markets are in the "price search" phase. Since summer, a situation similar to a dance floor has persisted on the Czech market, where buyers sit on one side and sellers on the other, waiting to see who will enter the dance floor first. According to CNB predictions, the consumer price index would reach 15.8% this year, and inflation should remain in double digits at least in the first half of 2023.

CTP is expanding its CTPark in Hradec Králové, the next hall will be completed in the spring of 2023

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.

Panattoni Park Ostrov reports full occupancy of the first hall even before the construction is completed

Spaces are no longer available in the newly built Hall B in Panattoni Park Ostrov North. The remaining part of it will be used for expansion by the manufacturing company Amphenol Tuchel Industrial and also by the e-commerce company Kokiska.

The area of industrial real estate in the Czech Republic exceeded 10 million square meters

In the second quarter of this year, the total area of modern industrial premises for rent in the Czech Republic increased to 10.14 million square meters. A total of 146,600 square meters of warehouse space in 15 industrial parks was completed. Compared to the same period of the previous year, this is a 16% increase and a quarter-on-quarter decrease of 51%. At the time of its completion, approximately 90% of the projects were already pre-leased. Data on the warehouse and manufacturing real estate market for the second quarter of 2022 was announced by the Industrial Research Forum (IRF).

A new distribution center of the Concept company has opened in Panattoni Park Týniště

The ceremonial opening of the new central warehouse of Jindřich Valenta – Concept took place on Monday, June 27, in Panattoni Park in Týništ nad Orlicí, where the distribution center is located. C.S.Cargo operates this warehouse for Concept.

The third fund of the Arete group starts development in a brand-new industrial zone in Rokycany, right next to the D5 highway

The third fund of the ARETE Group starts development in a brand-new industrial zone in Rokycany, right next to the D5 highway. Once completed, it will offer 25,000 sqm of premium rental space in a modern industrial park. The investment will reach almost EUR 30 million.

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