VGP NV (‘VGP’ or ‘the Group’), a pan-European provider of high-quality logistics and semi-industrial real estate, will again be present at the upcoming EXPO REAL in Munich, Germany. The three-day International Trade Fair for Property and Investment will take place from October 11–13, 2021, hosting the entire property and investment industry from all over the world.
The new logistics center of the sports chain, which is being established in the Contera Park Ostrava D1 in Hrušov, is approaching the first big milestone. Developer Contera has built the rough construction of most of the warehouse, and will roughly complete the rest by the end of October. The Sportisimo logistics center boasts state-of-the-art technologies and will be one of the largest in the country. In the following years, up to 700 people will find work here.
Accolade continues its plan to increase the stability and profitability of its portfolio of modern and environmentally friendly industrial real estate. With ČSOB and Unicredit Bank, it refinanced parks in the Czech Republic worth EUR 150 million (CZK 3.8 billion). The refinancing of the Polish portfolio follows last year's transaction in the amount of EUR 153 million (CZK 4 billion), to which another EUR 54 million (CZK 1.4 billion) has been added this year, again in cooperation with the German Aareal Bank.
Eight years since Amazon announced its entry into the Czech Republic, the world's leading e-commerce company has announced its expansion into Moravia. Industrial zone builder Panattoni will build the first robotic fulfillment center for Amazon in the Czech Republic on a brownfield site of a former sugar factory near Kojetín in the Přerov region. It will be the first fully-fledged multi-storey logistics building with state-of-the-art technological equipment in the Czech Republic.
• There are clear signs of recovery in the market. The volume of investments in commercial real estate in the Czech Republic is growing.
• This year, the industrial real estate sector will record the historically highest volume of demand.
• The multifamily segment with rental housing products is included in the course.
• The interest of international investors in Czech assets remains strong.
Penny wants to build a new logistics center near Velký Beranov in the Jihlava region. In 2018, in a referendum, the citizens of the village opposed the construction of this building. At its last meeting on Wednesday, September 8, the municipal council decided to call a new referendum, which will take place together with the elections to the Parliament of the Czech Republic on October 8 and 9, 2021.
In addition to manufacturing capabilities and an R&D centre, HELLA, a global manufacturer of lights and electronic components for cars, is now building a state-of-the-art testing laboratory in the Ostrava region. The lab will be located at CTPark Ostrava Hrabová, where advanced machines will be simulating the real-life operating environment of HELLA products throughout their entire life cycle.
