Billionaire Tomáš Krsek believes in logistics parks. His BHM group wants to invest billions of crowns in them in the coming years to double the leased area to one million square meters.
The Reico Long Lease mutual fund, which is now part of the parent group of Česká spořitelna Erste Group Bank, has made its first trip to Slovakia. It has purchased a newly built logistics complex in Senec, which is being leased by the multinational transport company DSV. The acquisition was worth 1.625 billion crowns and is the fund's fifth property.
The past few years certainly haven’t been easy for retailers. A pandemic, global chain disruptions and shortages, inflationary pressures that have squeezed consumers’ wallets and increased product costs, economic uncertainty and geopolitical instability have resulted in the closure of thousands of stores and the demise of numerous brands. Not content with all this economic disruption, a new phase of digital technology has altered consumer behaviour and increased expectations, changing the retail marketplace forever. Growth opportunities exist, but seizing them requires new mindsets, technologies, supply chain capabilities, and logistics networks.
Developer CTP is launching a new project within the development of Ostrava's Technology Park in Pustkovec (also known as T-park). The multifunctional building T6 with a total area of approx. 30,000 m2 will create a space that will connect the scientific sphere, innovative companies and students. The project, with an estimated investment of 50 million euros, is due to be completed at the end of 2027.
The study, carried out as part of the upcoming Panattoni Park Pilsen West III project by Buildigo, showed that dark facades mean up to a threefold increase in the heat island effect compared to the use of light facade surfaces. The combination of light surfaces and strategically placed greenery can also improve the perceived temperature by up to 20 percent, even compared to the original undeveloped location. The results of the study were published by the developer Panattoni.
American equity firm Blackstone is buying CT Real Estate, a portfolio of ten logistics parks, for €470 million from TPG Real Estate. The mentioned industrial properties currently cover an area of approximately 500,000 square meters in the Czech Republic and Slovakia. Five years ago, TPG Real Estate created a joint venture with the developer Contera and thus acquired its portfolio, which has since quadrupled with joint efforts.
VGP, a leading European owner, manager and developer of industrial and logistics real estate, has officially completed the final phase of VGP Park Olomouc by handing over Hall E to MAPEI. This global leader in construction chemicals has leased 4,267 m² of modern warehouse and office space, which will serve as its new Czech headquarters. Aiming for BREEAM Excellent certification, this state-of-the-art facility marks the culmination of VGP's development at the park.
Development company 7R and real estate investment manager EQT Exeter have joined forces to build the EQT Exeter Park Prague D8 Lužec logistics park. The project includes two buildings with an area of 44,000 and 12,000 square meters, a total of 68 docks and 12 m of clear height.
