A multimodal Panattoni complex near Brno airport has been chosen by another leader in its field. The global furniture market leader IKEA wants to be closer to customers in Brno and the surrounding regions by moving to a new modern hall. At the same time, thanks to the facilities at Brno park, it continues to contribute to a sustainable future for European business with minimal environmental impact. The total area of the technologically superior part of the hall for IKEA is 8,000 m². It will start serving customers on 27 July 2021.
The latest investments of cargo-partner went to the logistics centers Brwinów near Warsaw in Poland, Dunajská Streda near Bratislava in Slovakia and Dobrovíz near Prague in the Czech Republic. The logistics company thus responds to the growing demand in these regions.
Skanska has been awarded a contract worth more than CZK 1.95 bln (app. EUR 77 mln) from the Czech highway authority to build a section of the D55 motorway in the area of Staré Město in Moravia.
Fourteen of the fifteen retail properties that changed owners in the first half of this year were retail parks. Usually about 3000 square meters in size, located in smaller Moravian and Czech towns. Nevertheless, retail-related facilities, which express investors' confidence in the spending of the population, and thus the stable development of the economy, accounted for only 12% of the total volume of investments. It reached 800 million euros from January to June. Investors and warehouses attracted even more investors. This is evidenced by a recent analysis by BNP Paribas Real Estate.
The Arete Investment and Real Estate Group signed an agreement with Raiffeisenbank to draw a €30 million umbrella credit line. The funds will be used to accelerate the growth of the Arete Industrial SICAV fund's portfolio through prepared acquisitions and new construction of industrial real estate while maintaining a safe and conservative LTV ratio.
The P3 Olomouc logistics park is located in an almost ideal location close to the city center and connected to the D35 motorway. The last vacant space in the just completed building is rented by Albert. It will add new storage facilities to the existing distribution center, which it operates in the immediate vicinity. Additional logistics capacities will ensure fast and smooth supply of stores in Olomouc and the surrounding area.
Garbe Industrial Real Estate GmbH continues to expand in the Czech market and joins a project in České Budějovice. The developer’s largest project so far was carefully selected and is located in South Bohemia. The region has great potential with connections to key European markets.
