VGP has handed over its brand new premises to Dachser Czech Republic in VGP Park České Budějovice in the Světlík commercial zone. Hall D, which has just been completed, covers 14,000 sqm and was built to suit this international logistics service provider as a further extension of its existing premises in Hall C, which covers over 9,000 sqm. It will primarily be used for contract logistics. The building aspires to a BREEAM green certification of Excellent, VGP announced. 

Garbe Industrial Real Estate announced a strategic collaboration with Raiffeisenbank on their 49-hectare site at GarbePark Ceske Budejovice. The first building has been handed over to the client Taconova and is only the start of the up to 80,000 sqm development potential in the first phase, with over 150,000 sqm to follow. The strategic collaboration includes €20 million loan for Garbe development in Ceske Budejovice. 

Logicor has started construction of its first regional logistics park in the Czech Republic. The site, located close to key road networks linking Prague and the city of Liberec, was a brownfield and is being redeveloped in two phases to create two modern warehouses, totalling 20,000 sqm, including 1,800 sqm of office space. One of the buildings will have a cross-dock facility.

The Hungarian subsidiary of Transdanubia, a leading international logistics provider has secured 24,000 sqm of industrial space in the PT3 building of the Hellopark Páty mega park, developed by Futureal Group subsidiary HelloParks. The new tenant is expected to move in at the end of 2024.

Industrial developer CTP has achieved its full allocation of €4.25 billion in green bonds to support its portfolio of sustainable business parks. The funding was raised from eight green bond issuances from October 2020 to January 2022.

Accolade Group continues its international expansion. The Group recently expanded its portfolio with Croatia, its seventh European country. North of the city of Zagreb, Accolade has obtained a building permit for its first industrial hall of approximately 50,000 sqm. In parallel with this project, the group is working on other sites in the Balkans.

pbb Deutsche Pfandbriefbank has provided a €113 million investment loan facility to CTP, which will be drawn down in phases. CTP will utilise the proceeds for the refinancing of a logistics portfolio in the Czech Republic. pbb acted as arranger and sole lender under the facility.

The Ostrava-based construction company HSF System has formed a holding structure that includes a total of 26 companies. The new holding company, with sales exceeding CZK 3 billion (€122.2 million), is called Purposia Group. The main reasons for establishing the holding company are to increase efficiency and further expansion plans, HSF System announced. 

CEE's modern industrial and warehouse space exceeded 59 million sqm in H1 2023. In twelve months, over 7,6 million sqm was completed, expanding the market by 16%, and currently, an additional 5 million sqm is under construction. With a 19% share of the total size, the Czech Republic is the second largest market in the region, the first is Poland with 52%. The demand is decreasing, but the nearshoring trend presents new opportunities. Cushman & Wakefield presents its latest findings. 

Real Management S.A. has signed a lease with OEX Fulfilio Sp. z o.o., a company specializing in providing e-commerce solutions, loyalty programs and POS materials. OEX Fulfilio has leased warehouse and office space in the production and industrial park Good Point V. The handover date for the space of 14,550 sqm is scheduled for Q1 2025.