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Manufacturers are increasingly occupying industrial halls in Europe. The CEE region is growing fastest – partly thanks to the defence industry
Industrial

Manufacturers are increasingly occupying industrial halls in Europe. The CEE region is growing fastest – partly thanks to the defence industry

Caution among developers, tenants and real estate investors has characterised the commercial property market across Europe from January to August 2026. With one exception – space for manufacturing and warehousing. Despite the overall macroeconomic situation and geopolitical uncertainty across the continent, this segment continues to grow steadily; within the Central and Eastern European (CEE) region, the Czech Republic is showing considerable resilience. According to international real estate consultancy 108 REAL ESTATE, new construction and leasing activity are also reaching high levels in Slovakia, Poland and Romania. Year on year, this represents an increase of up to 20 to 30% in the volume of leased space, depending on the market. Manufacturing and logistics are the drivers of demand – both in Western Europe and in CEE markets. In Central and Eastern Europe, however, we are seeing a higher share of manufacturing in the overall performance of individual markets than in the past.

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108 Real Estate and STOW join forces for the first time: a joint event on warehousing trends
108 News

108 Real Estate and STOW join forces for the first time: a joint event on warehousing trends

On Thursday evening, representatives of the real estate and logistics markets gathered at Revír Karlín for an event unlike anything 108 Real Estate had held before. Together with STOW Group, a European manufacturer of racking systems, the company hosted its very first joint event, called Warehousing trends – a look at the current state of the warehouse market from the perspective of two companies that each see it differently.

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108 REAL ESTATE Has a New Business Development Director for Central and Eastern Europe—André Kerremans Takes the Helm
108 News

108 REAL ESTATE Has a New Business Development Director for Central and Eastern Europe—André Kerremans Takes the Helm

André Kerremans has been appointed the new Business Development Director of the 108 REAL ESTATE Group for Central and Eastern Europe. He assumed the position in recent days and has been collaborating with the group’s branches in all five countries of the region from the very start. His mandate rests on two equally important pillars: regional business development and CEE coordination. On the business side, he will develop cross-border projects and build relationships with key tenant contacts—real estate executives, supply chain directors, and procurement managers at major logistics, e-commerce, manufacturing, and 3PL companies operating throughout the region—and will represent 108 REAL ESTATE at industry conferences and forums across the CEE region. In addition to his sales role, André Kerremans will also contribute to the implementation of internal processes and the introduction of innovations into real estate practice.

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Demand for industrial facilities exceeds the volume of newly completed space—manufacturing and e-commerce are both on the rise
Industrial

Demand for industrial facilities exceeds the volume of newly completed space—manufacturing and e-commerce are both on the rise

132,000 square meters of newly completed industrial space versus 263,000 m2 of new lease transactions. This disparity between the volume of leases and newly completed manufacturing and warehouse space was a defining factor for the situation in the Czech Republic during the second quarter. However, by the end of June and during the subsequent summer vacation weeks, this region also felt the effects of the hot European summer: increased fuel costs for transportation, trucks returning to the roads due to impassable rivers, and weakening performance in the German automotive industry due to declining purchasing power and competition, particularly from Chinese automakers.

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CTP Opens an 11,500 m² Distribution Center to Support the Delivery of Saint-Gobain Auto Glass Throughout Europe
108 News

CTP Opens an 11,500 m² Distribution Center to Support the Delivery of Saint-Gobain Auto Glass Throughout Europe

Amsterdam, July 1, 2026 – CTP, Europe’s largest developer, owner, and operator of logistics and industrial real estate in terms of gross leasable area (GLA), has expanded CTPark Česká Lípa in the Czech Republic with a new 11,500 m² facility for Sekurit Service, the aftermarket division of Saint-Gobain, a leading global manufacturer of automotive glass. The facility will serve as a strategic European distribution hub, ensuring the supply of replacement glass to Saint-Gobain’s distribution centers across the continent.

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Uncertainty surrounding the permitting process is dampening demand for development land—developers are waiting for both investors and tenants
Investment

Uncertainty surrounding the permitting process is dampening demand for development land—developers are waiting for both investors and tenants

Five or more hectares, at least 20,000 square meters of buildable area, and a valid building permit. This is what the most common demand for development land in the Czech Republic looks like. However, according to the real estate consulting firm 108 REAL ESTATE, other requirements and conditions in this market segment have changed year-over-year. Developers are no longer buying land for future projects but are now almost exclusively tailoring their purchases to specific tenants or end owners. The traditionally most attractive locations around Prague, Brno, and Plzeň have been joined by regions associated with announced major investments—for example, the Cheb area, where Mercedes-Benz plans to build a large logistics center for spare parts. According to 108 REAL ESTATE, buyer interest is also focused on areas near newly constructed highway sections, particularly the D6 and D35.

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Investment in industrial real estate in Europe fell by a fifth. Czech Republic is suffering from a lack of quality properties for sale
Industrial

Investment in industrial real estate in Europe fell by a fifth. Czech Republic is suffering from a lack of quality properties for sale

Investment in industrial real estate in Europe fell by 21% year-on-year in Q1. The blame lies with the uncertain and less predictable global economic situation, or the impact of geopolitical instability in the Middle East, affecting in particular the performance of the logistics market. The total volume of EUR 7.5 billion for which warehouses and production halls on the European continent changed hands in the first quarter of this year is below the long-term quarterly average. However, data from real estate consultancy 108 REAL ESTATE, shared with BNP Paribas Real Estate as part of an alliance, shows that compared to traditional investment dominants such as France, the Netherlands, Germany and the UK, investor activity grew in Central European countries.

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The demand for industrial halls is driven by the growing car industry. Companies respond to geopolitical instability
Industrial

The demand for industrial halls is driven by the growing car industry. Companies respond to geopolitical instability

Around 230,000 m² of modern warehouse and production space was newly occupied in the Czech Republic from January to the end of March. Gross demand including renegotiations amounted to 422 thousand m². The main accelerator was the automotive industry, which reported the strongest production volume in the history of the Czech Republic in the period under review. And it is the automotive industry that is driving growth in other sectors, including logistics.

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