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Articles - warehouses

Panattoni to build for Amazon the first robotic fulfillment center in the Czech Republic on a brownfield site near Kojetín

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.

CBRE: How is the Czech commercial real estate market changing and what are its prospects?

• 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.

The German family company Andreas Schmid Logistik expands into a new building in P3 Prague D6

The expansion of e-commerce and growing volumes of orders has led the logistics company Andreas Schmid to consider moving to a larger one. The industrial developer P3 will build a new hall for it in P3 Prague D6 near Stochov in Central Bohemia, part of the building will be for rent.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

BNP Paribas Real Estate: Warehouses and production halls are running low in the Czech Republic

For the whole of 2020, 1.37 million square meters of industrial space were leased in the Czech Republic. By the end of June this year, it was almost 1.2 million square meters. According to the consulting company BNP Paribas Real Estate, it is therefore certain that the year 2021 will be the strongest so far in terms of realized demand in this segment.

CTP acquires Amsterdam Logistic Cityhub

■ Largest single-asset transaction in logistics real estate in the Netherlands; net transaction value €307 million for 100% of the shares ■ Approximately 120,000 m² of storage and last mile distribution space equipped for emission free transport, and approximately 11,000 m² of office space ■ Completion expected in the fourth quarter of 2022, already partially leased

The pandemic accelerated the advent of artificial intelligence in Czech companies

The fourth industrial revolution summarizes the changes that have made and are still streamlining and automating processes in the field of transport, production itself or communication through digital technologies. In addition, current technological trends are influenced by the coronavirus pandemic, which in some respects has led to their faster anchoring.

Accolade further increases its share of the european industrial real estate market

In the first half of 2021, an additional 370,000 sq m was leased, increasing future rental income by 22% to €90 million.

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