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Articles - industrial real estate market

Panattoni is building a logistics center for the Hradec Králové and Pardubice regions at the end of the D11 motorway

Panattoni builds on the current successful expansion of the motorway network in the Czech Republic and is preparing a key infrastructure for retail. Panattoni Park Hradec Králové North will be built at the end of the D11 motorway near Smiřice. The developer has already managed to attract one of the largest retail players to the southern site. At the same time, Panattoni submitted an application for an environmental impact assessment to the newly prepared northern part of the EIA. While the building in the southern area of 50,000 m2 will offer up to 900 jobs, the building in the northern area of 25,000 m2 will employ up to 160 people.

CTP already has 292 properties certified

European real estate commercial developer CTP has the most environmentally friendly portfolio of industrial real estate in Central and Eastern Europe. A total of 292 CTP buildings in approximately one hundred different locations in six countries have confirmed their BREEAM In-Use status at "Very Good" or higher. A number of properties have reached the "Excellent" level. This means that the company is the greenest industrial real estate developer in Central and Eastern Europe and ranks among the best in Europe.

GLP exceeded its targets by raising capital of EUR 1.6 billion for GLP Europe Income Partners II

Following its first final announcement on September 29, GLP announced that it had raised approximately an additional € 500 million for its pan-European logistics fund GLP Europe Income Partners II ("GLP EIP II"). This additional capital increases total capital commitments to approximately EUR 1.6 billion (approximately USD 2 billion), exceeding the target initially set and, once fully deployed, will allow the fund to reach a value of EUR 3.2 billion in managed assets (approximately $ 3.9 billion). Additional capital was raised from institutional investment partners in Europe, the Middle East and Asia.

Crowdberry represents the CB Property Investors Subfund, it wants to invest 30 million euros in Czech and Slovak real estate

Crowdberry has launched a new qualified real estate fund, the CB Property Investors Sub-Fund (CBPI). The fund intends to invest EUR 30 million over the next three years. Also create a portfolio with a total value exceeding 75 million euros. CBPI focuses on value-added real estate investments across various categories while ensuring an above-standard return on investment of 10+% p.a. thanks to the optimization of the use and economic performance of real estate. The fund is therefore intended primarily for investors interested in participating in increasing the value of domestic real estate.

Czech industrial space hits 9.1 mln sqm

Industrial production in October and November in the Czech Republic increased slightly compared to the previous year with most of the growth in the automotive industry, according to figures from the Industrial Research Forum.

SSI Technologies is expanding its production facilities in Přestanov

The VGP Group handed over storage and production facilities to SSI Technologies. These were implemented based on the company's needs to expand the current production plant in VGP Park Ústí nad Labem, Přestanov. SSI Technologies leases a production hall with a size of 6080 m2. In December 2020, it expanded by another 4,800 m2.

This year, Contera expects changes in the logistics real estate market. Tenants' interest in automation technology is growing

Start of generous reconstruction in Říčany, new financing, thanks to which the preparation of two parks in Ostrava-Hrušov and Hustopeče could begin, expansion to Slovakia, extension of contracts with key clients. Despite the global situation, the Czech industrial real estate developer Contera has had a favorable year and is looking to the future with cautious optimism.

The Australian fund bought a portfolio of Czech and Slovak warehouses for three billion Czech Crowns

Cromwell European Real Estate Investment Trust has announced that it will be acquiring a portfolio comprising eleven Czech and Slovak logistics and light industrial properties with almost 125,500 sqm for EUR 113.2 mln from Arete Invest.

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