American equity firm Blackstone is buying CT Real Estate, a portfolio of ten logistics parks, for €470 million from TPG Real Estate. The mentioned industrial properties currently cover an area of approximately 500,000 square meters in the Czech Republic and Slovakia. Five years ago, TPG Real Estate created a joint venture with the developer Contera and thus acquired its portfolio, which has since quadrupled with joint efforts.
Even though the demand for industrial premises in the third quarter of this year was still below the level of the five-year average, the first signs of market recovery began to appear and the number of concluded contracts began to grow slightly. The total volume of the Czech market for industrial and warehouse space grew by 6.4% year-on-year to 12.2 million m2, the vacancy rate rose by 33 basis points quarter-on-quarter to 3.11% and the limited supply of new space combined with cheaper foreign competition and cheaper in older premises, it slowly began to push prices down. This is according to the quarterly industrial real estate market published by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.
Urban and industrial zone development planning, renewable energy sources, strategic investments, and ESG reporting. The Bold Future conference, which was hosted by the Prague Congress Center on Tuesday, November 12, addressed these topics with a unifying focus on sustainability.
Development company 7R and real estate investment manager EQT Exeter have joined forces to build the EQT Exeter Park Prague D8 Lužec logistics park. The project includes two buildings with an area of 44,000 and 12,000 square meters, a total of 68 docks and 12 m of clear height.
Consolidating parcels for groupage services, increasing the capacity of transport and logistics services, supporting the stability of supply chains in a specific segment. These are some of the reasons why logistics companies are opening new operations and expanding existing ones. We summarize some examples from this autumn.
While Germany is experiencing a significant cooling in the commercial real estate market and the Polish market, heavily dependent on foreign capital, is developing rather slowly, the Czech Republic continues to remain a relatively stable and safe market within Europe.
CBRE, the world leader in commercial real estate services, is celebrating 25 years on the domestic market. During the same period, the market underwent significant changes and matured into a stable investment environment that can withstand international competition and attracts domestic and foreign capital.
What technological innovations are companies implementing in logistics and warehousing to cope with the increasing pressure for efficiency, or what are the applications of artificial intelligence in these areas? The new study Trends in Czech Logistics 2025 offers answers not only to these questions. It was carried out by the research company IPSOS for the SKLAD association. As part of questionnaire surveys and in-depth interviews, 205 logistics managers from various segments shared their opinions. The study follows on from the successful versions from 2022 and 2020.
