Companies will use them for e-commerce, research and development and lighter production. This year, the CTP developer will complete the next phase of the revitalization of the Brno brownfield after the Zetor factory near the city center in Brno-Líšeň. After the online supermarket Rohlík, which successfully launched its new storage space here in the autumn, CTP is preparing to open other halls that will be used for e-shops, light industrial production or as business places or spaces for small tradesmen. A total of approximately 75,000 square meters of leasable space is being created within CTPark Brno Líšeň.
The current analysis of CBRE, the world leader in commercial real estate services, maps the growing importance of e-commerce around the world and its impact on the logistics real estate market. Back in 2015, the global retail market had a total turnover of $ 12.6 trillion, with online sales accounting for 8%. In the following years, Internet sales grew significantly, accounting for 18% of the total $ 13.5 trillion by 2020. This represents a 140% increase in just five years.
Breeam's sustainability certification commits developers to comply with demanding environmental requirements. Not only do tenants of buildings benefit from it, but in the long run, lower emissions, resource savings and a richer and more diverse environment are good for society as a whole. Therefore, buildings are being built in the P3 Lovosice industrial park, which will offer tenants the Breeam Excellent standard.
In the thirteenth year of the Real Estate Brand Value study, the European Real Estate Brand Institute awarded P3 Logistic Parks twice. Compared to last year, the long-term manager and developer of industrial real estate recorded the biggest jump in terms of brand strength across all categories and markets, and therefore received the "Strongest Brand Growth" award. In addition, P3 was named the best logistics developer in the region of Southern Europe for the third time in a row.
■ Average cost of debt reduced by a further 35 basis points to 1.25%
■ Order book close to €4 billion
■ More than 80% of debt now in unsecured bonds
■ Lowest ever coupon on a 4-year bond for a CEE Borrower
Companies considering switching to an online store now have ideal conditions for this step. The coronavirus pandemic has taught Czechs and Slovaks to shop online, even in segments of goods that people used to buy almost exclusively in person at the store. In addition, during the lockdown period, a huge number of new e-shops were created in the living rooms and garages of Czechs and Slovaks, which will now try to switch to professional fashion. According to statistics, however, up to 99% of them will not be able to move to the next phase, because they will not set up automated processes in time to help them with the rapidly growing demand, logistics and other demands. How to handle such a transition?
Czech and Slovak GLP parks are 100% leased. Thanks to the high demand for the premises, new GLP logistics parks will also be built in Ostrava and Brno. GLP has successfully leased 20,000 m2 of logistics space in two parks in the Czech Republic and Slovakia.
According to BNP Paribas Real Estate, there is historically the lowest vacancy of real estate, a record volume of concluded lease agreements, rising rents and the unprecedented rapid progress and preparation for the construction of new warehouses and production halls. The domestic market of industrial premises is experiencing a euphoric period - the results of the first quarter nevertheless exceeded even the most optimistic expectations.
