Ostrava Airport opens new cargo terminal

23
Oct
2023
News - Ostrava Airport opens new cargo terminal #aiport #cargo #construction #Czech Republic #industrial #Ostrava

by Property Forum | Industrial

Ostrava Airport has opened an air cargo terminal called Cargo 2 at the airport in Mošnov in the Novojičín region (25 minutes south of Ostrava). It cost CZK 139 million (€5.6 million) to build and was constructed by the Ostrava company HSF System. The terminal will increase the airport's capacity and improve the quality of cargo handling, the Czech News Agency (ČTK) reports.


The new hall is directly connected to the check-in area and has an entrance and exit for trucks. The terminal brings two major advantages, according to airport CEO Jaromír Radkovský. "One of those things is that we will double the capacity because the hall has 4,500 sqm. We had a capacity of only 2,000 sqm today. The second thing is that the clearance technology will speed up to about double the current amount of cargo," Radkovsky said. He also mentioned that the airport will handle 16,000 t of cargo this year, which is 500 t more than last year. "We hope that the numbers will only grow because the potential here is for double that," the director expressed. He would like to get to a full capacity of 36,000 t in three or four years. But the airport won't be doing it alone; it wants to lease part of the hall to partners.

Currently, cargo accounts for 20 percent of the airport's revenue. "My target is to get to about 40 percent. But already that 20 percent has enabled us to make the airport profitable last year for the first time in many years. This year we are also planning a profit and I hope that there will always be a profit at the airport," Radkovsky said. Last year's profit was CZK 4.99 million (€199,000) and revenues were CZK 332.4 million (€13.5 million). The airport paid for the construction of the terminal partly from a loan and from its own resources, while the Moravian-Silesian Region, which owns the airport, contributed around CZK 90 million (€3.7 million).

Currently, another airport stand is being built in Mošnov, which should be connected to other cargo halls that will be built by private investors. However, the airport will be facing a huge investment in the runway in the coming years. The total cost of reconstructing the runway, including all taxiways and stands whose surfaces are no longer suitable, is estimated at CZK 4.5 billion (€183 million). At the moment, a building permit is pending and a tender for a contractor is planned for next year. The airport has regular cargo services to Germany and Asia. In terms of passenger transport, in addition to regular flights to London and Warsaw, Ostrava Airport offers seasonal flights to summer destinations in Greece, Egypt, Bulgaria, Tunisia, Turkey and Spain.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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