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Articles - transportation and logistics

CBRE analysis: The subletting trend is slowly but surely starting to affect the industrial and logistics real estate market

The domestic industrial real estate market experienced a real "boom" during the coronavirus pandemic. The record growth of interest in renting new premises, especially from companies linked to e-commerce, triggered extensive speculative construction. However, after two extraordinary years, there was a slowdown in demand last year, which continues this year as well. Although the market situation is stable and positively influenced by the gradual reduction of construction costs in combination with the stabilization of yields, in recent months there has been a slight increase in the vacancy rate and the emergence of two new phenomena on the market. CBRE, a world leader in commercial real estate services, analyzes the growing trend of subletting and targeted maintenance of some properties by developers in the so-called shell & core condition.

Moravia Steel is considering taking over part of Liberty Ostrava's operations

The Moravia Steel Group is seriously considering the possibility of operating some of Liberty Ostrava's secondary production operations. Specifically, it is a pipe laying plant, said Moravia Steel Group spokesperson Petra Macková Jurásková. Liberty Ostrava has been in bankruptcy since June, and most of its operations have been closed since last December.

Urbanity received a building permit for a unique campus in Bruntál. The non-traditional area will offer economical production halls, services for residents and unique architecture

Urbanity Campus Bruntál will be another industrial area of ​​the new generation, which is an integral part of the city and will provide services not only to employees, but also to local communities. The campus will be built on the site of the current brownfield between the exits to Opava and Krnov. The project also includes the construction of a new access road to the area, which will bring traffic calming in the adjacent residential area. The main building with a size of 36,000 m2 can reach a height of up to 20 meters at the request of the client, making it ready for automated and robotic operation, and the other 3 buildings with a size of 3,300 - 10,000 m2 are also suitable for regional manufacturing companies.

Colliers: Demand for industrial and logistics real estate has been strong in Central and Eastern Europe in recent years. But in 2023, most countries saw a decline

The total offer of modern industrial and logistics real estate (I&L) in the CEE-13 countries is more than 67 million m2. Poland remains the largest market for I&L real estate with more than 30 million m2 on offer, representing approximately 45% of the total supply in the region. For comparison, the total size of the Czech market at the end of March was 11,871,300 m2.

The construction of the Panattoni Park in Karlovy Vary has begun, it will house the production plant of the Wacker company

The industrial developer Panattoni and the chemical company Wacker, in cooperation with the Accolade investment group, ceremonially launched the construction of the Panattoni Park complex in Karlovy Vary. A new industrial park with a built-up area of ​​over 23,000 square meters has begun construction on the northeastern edge of Karlovy Vary, with completion planned for spring 2025.

WITTE Automotive continues to expand in Ostrov in Karlovy Vary. The new industrial park will bring hundreds of jobs

In Ostrov u Karlovy Vary, in the new industrial park Panattoni Park Ostrov South, construction of a building with an area of ​​65,000 square meters has begun. The first tenant will be the international production company WITTE Automotive Czechia, which specializes in the development and production of system solutions for the automotive industry. The developer of the project is the company Panattoni, completion is planned for 2025.

The indestructible chocolate-sized exhaust grille is to be the Czech mark in the super-modern F-35

They will not be key engine components or indispensable components of wings or weapon systems. If the consortium of Czech companies brings the development to a successful conclusion, it will supply the most modern battleship today with a grid the size of a larger bar of chocolate. A seemingly marginal component, which is supposed to co-create the exhaust of the fuel system of F-35 aircraft, can significantly raise the business and prestige of the Czech aviation industry.

The Polish developer 7R is entering the Czech Republic and will build a hall in Vysočina for 750 million crowns

Polish developer 7R is entering the Czech industrial real estate market. A storage hall will be built near the D1 highway in Vysočina for 750 million crowns. In a press release, the company said it had received a building permit. After the planned completion in the third quarter of next year, the building should have an area of ​​26,000 square meters. The company plans to further expand its activities in the Czech Republic in the future.

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