
AI requires larger data centers
According to analysis by Savills and the Statista project (statista.com), the European artificial intelligence market will reach 76.5 billion euros this year, up 25.9% from 2023. By 2030, it is expected that...
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SURVEY: How nearshoring manifests itself in the Czech Republic
In Systems of Logistics 211/2024, they deal with the topic of nearshoring. How does nearshoring manifest itself in the field of logistics and supply chain directly in the Czech Republic? They asked...
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The construction of the new Panattoni Park in Karlovy Vary has begun.
The industrial developer Panattoni and the chemical company WACKER have started the construction of the new Panattoni Park Karlovy Vary industrial complex. Construction of a new park with a built-up area of...
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THE SAVILLS BLOG: ESG is key when it comes to industrial occupiers’ pursuit of Grade A+ space
Real estate, and in this instance industrial & logistics, operates within a dynamic environment where demands from both occupiers and investors are continuously shifting. Whether to align with market trends, legislation, planning requirements...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q1 2024
Czech industrial market has experienced a slowdown, with subdued take-up levels and below-average new supply. Developers delivered 155,500 sq m of new space in Q1 2024, increasing the total existing A-class stock...
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No deal goes through without thorough TDD
Upvest has recently closed an investment in the form of participation in a mezzanine loan for the Opatov Office Park in the Czech Republic, where Savills’ technical assessment has played a crucial...
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Last year, the industrial developer CTP increased rental revenue in the Czech Republic, but net profit fell
Last year, the net profit of the industrial and logistics real estate developer CTP in the Czech Republic fell by 16 percent to approximately 12.3 billion crowns (483.8 million euros). On the...
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The Polish developer 7R is entering the Czech market, it will build a hall at D1 for 750 million crowns
Polish developer 7R is entering the Czech industrial real estate market. A storage hall will be built near the D1 highway in Vysočina for 750 million crowns. In a press release, the...
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P3 will offer an atypical hall
P3 will offer an atypical hall. As the owner and manager of industrial real estate, P3 Logistic Parks will offer the market next year an atypical hall that can accommodate an entire...
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The volume of investments in real estate was expected to increase significantly this year, the study shows
The volume of investments in real estate in the Czech Republic should increase by up to 22 percent this year and amount to 38 billion crowns (1.5 billion euros). In the first...
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The battle for topsoil is headed for a compromise. A ban on construction would reduce the competitiveness of the Czech...
In the increasingly fierce competition with Poland, Slovakia or Hungary for the construction of industrial sites, including those of the strategic gigafactory type, the Czech Republic can shoot itself in the foot....
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The first phase of the revitalization of the old DMC ValMez complex has ended. Demaco will invest in further development...
In July 2022, the development company Demaco became the owner of the industrial area with an area of 13 hectares, which until then was owned by the production company Schott. It has...
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In Slovakia, they put into operation the largest smart battery storage replacing fossil resources
In the industrial park in Banská Bystrica, the largest smart battery storage in Slovakia with an output of 2.7 megawatts was successfully put into operation. The brAIn repository, which was implemented by...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q4 2023
After a 12% growth in 2022, the total industrial stock in the Czech market grew by 8% this year and at the end of 2023 totalling 12.1 million sq m. The countrywide...
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A new study advises how to effectively manage rainwater in industrial areas
Developer Panattoni has been cooperating with the Research Institute of Land Reclamation and Protection (VÚMOP) for a long time. A current study carried out in Panattoni Park Prague Airport II confirms that...
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Europe is changing, interest in warehouses and halls remains high, Accolade figures confirm
Fewer orders, but more interested parties. The industrial construction market is changing, it reflects the European path to independence, says the head of the Accolade construction investment company, which manages millions of...
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THE SAVILLS BLOG: Why build-to-suit warehouse units have taken a back seat to existing stock
Build-to-suit (BTS) has long been a key feature of the industrial & logistics sector, providing occupiers with the opportunity to acquire a bespoke unit that fits their exact requirements. Prior to the...
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Retail logistics is on the threshold of major changes
Retail logistics is currently facing many demands and problems. Consumer demand is falling, logistics and stores are suffering from a lack of workers, and demands for reducing greenhouse gases and achieving ESG...
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THE SAVILLS BLOG: The good, the bad and the ugly: What to expect from the warehouse market in 2024
Although economic news has been rather downbeat in recent months, consumers, on the whole, have weathered the storm relatively well. With around two thirds of occupier demand for warehouses coming from retailers...
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Logport expands its portfolio, it acquires an industrial hall in Kladno
Savills negotiated the sale of a warehouse owned by ITB Transito s.r.o., to Logport Development s.r.o. The industrial hall is located in a well-established industrial zone in the southern part of Kladno and...
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Developer CSPP to build a new logistics centre for Flosman in Planá nad Lužnicí
Savills negotiated a pre-lease of warehouse space for Flosman s.r.o., a Czech company engaged in the retail and wholesale of food and pharmaceuticals. The lease covers 8,000 sq m of warehouse and almost...
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MARKET IN MINUTES | CZECH REPUBLIC INDUSTRIAL MARKET Q3 2023
Although the year-to-date volume of new completions is 27% down y-o-y, the total stock of modern industrial space intended for lease maintained a 2% quarterly growth rate, being in line with its...
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Savills appoints Ondřej Míček as Head of Industrial Agency for Czech Republic & Slovakia
Savills has appointed Ondřej Míček as Head of Industrial Agency for its Czech and Slovak operations effective December 2023. Since joining Savills as a consultant concentrating primarily on industrial space leasing, Ondřej...
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After the records comes the slump
The construction boom of industrial and warehouse space in the Czech Republic continues, even though the market is starting to change. After the end of the pandemic, the demand for e-shops decreases...
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