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Accolade managers win EY Entrepreneur of the Year 2024 award, Sonnentor CEO among winners

The jubilee twenty-fifth title in the prestigious EY Entrepreneur of the Year 2024 Czech Republic competition was awarded to Milan Kratin and Zdeněk Šoustal from Accolade. The company, founded in 2011, is among the leading players in the field of industrial and logistics parks and is currently active in ten European markets. The competition jury appreciated, among other things, their contribution to the revitalization of brownfields and the creation of new opportunities for the development of business and employment in the regions. The award, awarded under the patronage of the President of the Republic Petr Pavel, was received today at the National House in Vinohrady from the hands of Martina Kneiflová, Managing Partner of EY Czech Republic, and Tomáš Salomon, Chairman of the Board of Directors of Česká spořitelna, which is the main partner of the competition.

Billionaire Krsko's BHM Group Takes Control of Logistics Park in Slovenia

Billionaire Tomáš Krsek believes in logistics parks. His BHM group wants to invest billions of crowns in them in the coming years to double the leased area to one million square meters.

Former Czech Savings Bank fund buys logistics park in Slovakia for 1.6 billion

The Reico Long Lease mutual fund, which is now part of the parent group of Česká spořitelna Erste Group Bank, has made its first trip to Slovakia. It has purchased a newly built logistics complex in Senec, which is being leased by the multinational transport company DSV. The acquisition was worth 1.625 billion crowns and is the fund's fifth property.

​​The industrial real estate market will grow by almost 900 thousand square meters in 2025

The fourth quarter of 2024 did not bring any significant change to the industrial and logistics real estate market. Although demand returned almost to pre-Covid volumes, the number of newly completed buildings remained low. Only 106,700 square meters of new space were delivered, which is the lowest in the last three years. The vacancy rate increased by 3 basis points to 3.13% and the highest rent achieved stabilized at around €7.50 per square meter. Given that many projects planned for this year have been postponed, the development for 2025 looks significantly more positive, with 870,300 square meters of new space expected to be completed. This is according to a regular quarterly survey conducted by Colliers.

ÚOHS authorized the American company Blackstone to purchase ten logistics parks in the Czech Republic

The Office for the Protection of Economic Competition (ÚOHS) has authorized the American investment company Blackstone to purchase a portfolio of ten logistics parks in the Czech Republic.

The State of Retail 2025

The past few years certainly haven’t been easy for retailers. A pandemic, global chain disruptions and shortages, inflationary pressures that have squeezed consumers’ wallets and increased product costs, economic uncertainty and geopolitical instability have resulted in the closure of thousands of stores and the demise of numerous brands. Not content with all this economic disruption, a new phase of digital technology has altered consumer behaviour and increased expectations, changing the retail marketplace forever. Growth opportunities exist, but seizing them requires new mindsets, technologies, supply chain capabilities, and logistics networks.

The 50 million euro building will connect the worlds of science, technology and business in Ostrava

Developer CTP is launching a new project within the development of Ostrava's Technology Park in Pustkovec (also known as T-park). The multifunctional building T6 with a total area of ​​approx. 30,000 m2 will create a space that will connect the scientific sphere, innovative companies and students. The project, with an estimated investment of 50 million euros, is due to be completed at the end of 2027.

The study showed that dark facades of industrial properties increase the heat island effect

The study, carried out as part of the upcoming Panattoni Park Pilsen West III project by Buildigo, showed that dark facades mean up to a threefold increase in the heat island effect compared to the use of light facade surfaces. The combination of light surfaces and strategically placed greenery can also improve the perceived temperature by up to 20 percent, even compared to the original undeveloped location. The results of the study were published by the developer Panattoni.

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