ARTICLES LABELLED WITH TAG industrial

The modern, developer-led warehouse stock in the Czech Republic has reached almost 12.3 million sqm in the fourth quarter of 2024. Approximately 106,700 sqm have been delivered to the market within 4 industrial parks across the country representing a 63% decrease compared to the same period last year and a decrease of 35% quarter-on-quarter, announces Industrial Research Forum in its Industrial Market Figures for Q4 2024.

Asset manager Kamco Invest has partnered up with a team led by Ian Worboys to launch European Green Logistics Space (EGLS). 

P3 Logistic Parks is expanding its presence in the central Považie region of Slovakia by acquiring an existing park and adjacent land near Nové Mesto nad Váhom.

Alto Real Estate has obtained a valid zoning decision to construct its warehouse area at the entrance to Bratislava at the beginning of January. The process of obtaining a building permit is currently underway. 

Drugstore chain Rossman has started to install equipment in a new warehouse developed by Panattoni Hungary and financed by OTP Real Estate Investment Fund.

The development of GLP Park Praha Kozomín has been designed to offer retail, logistics, production and research spaces. Work on the park's construction is in full swing with a completion date of this September. 

Chinese manufacturer UE Furniture has fully acquired a production facility in Timiș County, Western Romania, from local furniture and chipboard manufacturer Rus Savitar. 

Even though the volume of commercial real estate delivered to the market in 2024 was below average, the Czech market did not freeze and maintained its activity. This was mainly thanks to the Czech capital, according to Colliers' experts, and this trend will continue in 2025.

The penultimate unit at ARETE Park Rokycany I has been completed and handed over to its new tenant, the local subsidiary of the French company Hutchinson. 

BSH Home Appliances Group, home appliances manufacturer, is strengthening its operations in Poland. Panattoni will construct a new, larger factory for the company, which will relocate its small home appliances production from the current location. The new facility will be built in Rudna Wielka near Rzeszów. The total project value will amount to nearly 600 million PLN in the coming years. Construction is planned for completion by mid-2026.