108 News
Another great deal from our #industrial team!
Jakub Holec, SIOR and Karel Bachura have closed a great deal in Vyškov, securing 17,500 sq m of new space for iPrice at VGP Park Vyškov.
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Land
Development land market in the Czech Republic: a valid building permit can double the price of a property
The crisis of the building permit procedure, coupled with its failed digitalisation, has also affected the area of development land transactions for further construction. The increasingly lengthy process of obtaining a building permit has opened up the price scissors between land that has a valid permit and those that do not. According to real estate consultancy 108 REAL ESTATE, which specialises in this type of deals, the price difference can be up to double. Meanwhile, in 2025, investor activity did not decrease, but rather increased slightly, only excluding properties for speculative construction without a known tenant in advance. This was particularly evident in the price growth of well-prepared plots in attractive locations, where a price of EUR 150 per square metre is not exceptional. This applies not only to the usual areas around Prague and Brno, but also to Liberec.
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Completion of Logicor Prague-Průmyslová Park: Last mile logistics solution in Prague
Logicor, a major owner, developer and manager of logistics properties in Europe, has completed the construction of the new Logicor Prague-Průmyslová logistics and manufacturing park, located in the heart of Prague's industrial zone.
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Industrial
Rental of industrial space in the Czech Republic reached a three-year high in the third quarter - interest of manufacturing companies helps
Net demand for industrial space in the Czech Republic reached a three-year high in the third quarter of this year. Gross take-up reached 642,045 sqm from July to the end of September. The share of new leases was unprecedented, amounting to 500,921 sqm in the period under review. According to real estate consultancy 108 REAL ESTATE, manufacturing companies leased a similar volume of premium industrial space as logistics: 163,449 sqm vs 177,570 sqm. Another new phenomenon is the achievement of a rent threshold of EUR 9 to 10 per sqm per month for selected urban logistics projects.
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Accolade will strengthen in Spain. Worker is cheaper there than here, says Kratina
Accolade Group is strengthening its presence in Spain. It will invest billions of crowns, doubling its current space, offering a total of 190,000 sqm of space.
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Construction of the EQT Park Prague North project on the D8 motorway is in full swing
On Wednesday, 10 September 2025, representatives of the developer 7R, the investor EQT Real Estate and the municipality of Lužec nad Vltavou met at the emerging EQT Park Prague North to ceremonially tap the building's structural column and celebrate the ongoing construction of the park.
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An industrial area of 111,000 sqm is being built in Pohořelice
Garbe has obtained a building permit for the second phase of the Garbe Park Brno South project in Pohořelice, approximately 30 kilometres south of Brno. The total area of the site is expected to reach approximately 111,000 sqm upon completion (about the size of 20 Wenceslas Square in Prague).
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Prologis reports a strong first half of 2025 with 98% occupancy in the Czech market
Prologis, a global leader in logistics real estate, has signed lease agreements for more than 295,000 sqm of warehouse and industrial space in the Czech Republic during the first half of 2025. This high level of leasing activity has increased the company's occupancy rate to nearly 98% as of June 2025, with a market average of approximately 96%.
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A new industrial park is being built on the former Poldi Kladno site, construction of the first hall is underway
Developer Panattoni continues to build a new industrial complex in Kladno. The project is being built on the brownfield site of the former Poldi ironworks in cooperation with investment group RSJ. The total area of the two planned halls will reach 88,500 sqm.
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