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Articles - skladinfo.cz

Q3 2023: Despite slowing demand, a record amount of industrial space is under construction

The Industrial Research Forum reports data on the warehouse and manufacturing real estate market in Q3 2023 · The total supply of modern industrial premises reached almost 11.5 million m2. · Almost 183,000 m2 were newly delivered to the market in Q3 2023 · Demand for industrial space slowed to just 181,700 m2 in Q3 2023 · Speculatively built industrial areas accounted for 41% of the more than 1.4 million m2 now under construction; this share corresponds to the trend of the last three quarters · The vacancy rate decreased by 22 basis points from the previous quarter and remains at a low level of 1.5% · The average highest rent achieved in Prague remained stable and amounted to approximately 7.50 - 7.70 euros per m2 per month

Ostrava Airport has a new terminal for cargo transport

On Friday, October 20, a new terminal for cargo transport named Cargo2 was inaugurated at Ostrava Airport. The hall has an area of more than 4,500 square meters and is connected directly to the check-in area. At the same time, there is sufficient handling area for the arrival and unloading of trucks. The terminal is equipped with technologies enabling the assembly of cargo onto air pallets and containers.

A record 1.4 million square meters of industrial space is under construction in the Czech Republic

Consultancy Savills currently registers around 1.4 million square meters of industrial space for rent, which are in various stages of construction. It is the most in the history of the industrial market in the Czech Republic. At least 60% of these spaces, i.e. almost 833,000 square meters, are already pre-leased. Most of this pre-leased industrial space is being built for tenants from the manufacturing sector (38%), followed by retail (30%) and logistics (16%). The largest object under construction is a custom-built building for the H&M chain.

Developers in the Czech Republic plan to build nearly seven million square meters of industrial space

What unites Karlovy Vary, South Bohemia, Liberec and Ústí Region from the point of view of industrial real estate developers? It is not the lowest offer and construction activity in the long term, on the contrary. According to the analysis of the real estate consulting company 108 Agency, it is precisely in these four regions that, in relation to their existing volume, the most new warehouse and production spaces should be added in the coming years. In total, consultants in the Czech Republic have mapped development plans, the floor area of which exceeds 6.8 million square meters and are in various stages of approval and preparation - from assessing the impact of projects on the environment, zoning decisions or building permits to the first implementation works. 54% of the planned projects together belong to the trio of developers CTP, Panattoni and Prologis.

Shape Corp. starts production in industrial zone Panattoni Park Pilsen West II

One of the leading manufacturers of components for the automotive industry Shape Corp. starts production in a new facility with total area of 36 400 square meters. The industrial complex, which was built by the development company Panattoni, was created on the brownfield site, where used to be coal mines. Shape Corp. moved here from the Borská pole to expand its production capacity. The company is a major employer in the Pilsen region and the new plant will employ up to 700 people.

The Czech industrial real estate market grew the fastest in the last 5 years in the 2nd quarter

The Czech industrial real estate market grew by 269,100 m2 in the first half of 2023, reaching almost 11.3 million m2. This is an increase of more than 11% year-on-year. Thus, despite higher interest rates, more complex financing, a slowdown in the economy and fluctuations in industrial production, the local industrial real estate market continues to accelerate its growth, which is currently the highest in the last five years. This is also related to the slight increase in vacancy rates and the stabilization of rent prices. That's according to a survey by Colliers, a leading provider of diversified professional services in commercial real estate and investment management.

The industrial real estate team at Colliers is newly led by Miroslav Kotek, the investment team is managed by Omar Sattar

Colliers, a provider of commercial real estate and investment management services, has appointed new management for its industrial real estate and investment departments in the Czech Republic. The industrial real estate team has been led by Miroslav Kotek since the beginning of August, and the investment team by Omar Sattar.

DB Schenker equips the roof of the logistics center in Rudná with photovoltaics

"Sustainability and energy self-sufficiency is one of the key areas in which we are actively growing. It would not be possible without our partners and customers who support us in this regard and cooperate with us not only on green innovations. I think it is another milestone on the way to a more sustainable future," comments Tomáš Holomoucký, regional director of DB Schenker for the Czech Republic and Slovakia, on the installation of photovoltaics.

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