Logistics firms suffer from bad infrastructure, road closures, and a lack of people. A survey from 108 AGENCY has shown that Czech logistics and manufacturing companies consider poor quality infrastructure and frequent road closures to be the most pressing problems impeding their business activities today. They also suffer from a lack of employees and rising labor costs.
News in the year 2020: Industrial properties around Ostrava are experiencing a boom. If there was sufficient space around larger cities such as Prague, Brno and Plzeň today, developers would continue to build there on a large scale. But instead they're focusing their activities on the border with Germany, and in particular the Moravian-Silesian Region. At least that's how the developers' representatives see the current situation and immediate future.
The impact of the global coronavirus pandemic is reflected across all sectors. Including commercial real estate. Extensive restrictions due to the coronavirus pandemic have also impacted the commercial real estate market. The first consequences are now evident, and many sectors may end up facing existential difficulties. At the current time, however, it is retail which is suffering most, its activities cut back heavily. We are going to have to wait a few months more, however, to evaluate the true consequences of the worldwide coronavirus crisis.
Prologis, Inc., global leader in logistics real estate, announced its second quarter activity in Central and Eastern Europe (CEE). The company leased more than 400,000 square metres of distribution space, an increase of more than 7 percent over the same period last year. Demand continues to be driven by reconfiguration of the supply chain and ecommerce.
HyperMedia company, which is among the leading operators of the internet portals in the Czech market, has leased approximately 2,550 square meters of warehouse and office space in the Tescoma commercial area at the D1 highway, Exit 8. The company will start there the HyperOdvoz, a new project specializing in sale of useless possession.
In the Czech industrial property market, the investors and developers continue being active, in particular in the Pilsen region and Greater Prague area. Due to almost half a million square meters being now under construction, the total stock of industrial space in the Czech Republic is approaching a number of 6 million square meters very fast.
Prologis, Inc., the global leader in logistics real estate, today announced the release of its annual Sustainability Report. The report documents the company's activities in the three dimensions of sustainability: environmental stewardship, social responsibility and corporate governance and ethics.
International transport and logistics provider cargo-partner is adding a sustainable logistics center with 25,000 pallet spaces to its headquarters near Vienna Airport. Completion is planned for summer 2017.
Jiří Klenk is coming to the 108 AGENCY to hold the position of Business Director. In this position, he will be responsible for building long-term relationships with the company´s clients, searching for new business opportunities and also for a further growth of the company´s sales team in both the Czech and Slovak Republics.