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.

Czech developer Contera has opened Organica office building in Ostrava. The grand opening was attended by representatives of the main client, the Scandinavian company Tietoevry, as well as the Mayor of Ostrava and the Governor of the Moravian-Silesian Region. 

Industrial developer Panattoni is buying a huge brownfield on the site of the former Barbora Mine from the current owner Asental. The company intends to build a modern industrial park of hundreds of thousands of square metres on the site of the former coal mining site. The price of the transaction has not been disclosed, Seznamzprávy.cz reports.

More and more companies are considering expanding into Czech regions, but a lack of suitable office space is preventing them from doing so. In regions outside of Prague or Brno, there is not only a shortage of modern space for rent, but also a lack of flex operators. Those types of businesses could benefit from the growing interest of international companies in the Hub & Spoke or Flex & Core model, reports Colliers. 

In the first half of 2023, a total of 24,600 sqm of new office space was delivered to the Brno office market. Ostrava saw the delivery of no new office space, but the one that is under construction should be completed by the end of the year. The vacancy rate in the Brno office market in H1 2023 increased to 14.6% and in the Ostrava office market up to 7.8%, reports the Regional Research Forum (RRF).

IT company ITIXO has signed a lease agreement for office space in the IQ Ostrava building. It has thus become the first new tenant of one of the most modern office buildings in the Czech Republic, belonging to the developer CTP. CTP is also the originator of the popular Clubco coworking centre concept, which will be available in IQ Ostrava this autumn.

A new residential district with almost 240 flats will be built in Ostrava's most populous district Jih. The project in Středoškolská will also include parking spaces, a park, and sports facilities. The investor will be Linkcity Czech Republic, which will pay a minimum of CZK 29 million excluding VAT (€1.2 million) for the land. Gabriela Pokorná, a spokeswoman for the municipality, told reporters, according to the ČTK news agency.

ViaPharma has signed a 20-year lease agreement with the developer CTP for two Czech CTParks. CTP will prepare and hand over the premises, with a total area of almost 27,000 sqm and several specific modifications for the pharmaceutical industry, at the end of 2023.

At the beginning of the pandemic, it seemed that many coworking centres or serviced offices could not survive the measures implemented under the Covid-19 pandemic. Shared workspaces, whose philosophy is based on meeting, personal communication, and collaboration, were hit hard by governmental restrictions. But a December analysis by JLL shows promising results; with the retreat of anti-pandemic measures, most coworking and serviced office operators have already felt a new wave of interest, and 2022 has confirmed this trend.

CTP acquired an industrial complex from Bluehouse Capital earlier this year on a plot of land with a total area of 330,000 sqm in the city district of Ostrava - Hrušov. In addition to the existing first phase of 18,000 sqm, which already has three tenants, the developer plans to build another 76,000 sqm of industrial/logistics space. The warehouse will be built in the revitalized area of the former chemical plants with a total area of 94,000 sqm and will become the largest in the Czech CTP portfolio.