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How long does it take to obtain a building permit in the Czech Republic? Not years, but months, shows survey by ČKAIT

The latest survey of the Czech Chamber of Authorized Engineers and Technicians (ČKAIT) showed that the actual length of a building permit or zoning decision in the Czech Republic does not take several years, but for example for apartment buildings the average decision is made in 5 months, the same applies to their building permits. The joint planning and building permit procedure takes half a year, and the median time is only 3 months. The longest permitting process is for tunnel constructions (almost a year), the shortest for warehouses or parking houses (4.5 months) in the case of joint permitting. Almost 1,100 CKAIT members cited non-unified procedures of authorities and building authorities, conflicting requirements for monument protection and the environment, or unresolved property relations as the main problems.

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The Czech industrial space market is expected to grow this year

Decline in rental capacity of automotive companies. Impact of the downturn in heavy industry. Slight but steady decline in e-commerce. High competition from Poland and unfulfilled expectations for the arrival of workers from Ukraine. And a continuing wave of subletting and vacancies even in traditionally most attractive locations. The main analytical outputs based on the results of the Czech industrial space market in the last quarter of last year do not offer much reason for optimism. According to real estate consultancy 108 REAL ESTATE, the opposite is true: the market is starting to revive at the level of developer construction and tenant demand, responding, among other things, to the growing demand for chips. It is being positively affected by falling interest rates and indications of gradually increasing demand from households and businesses.

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Vitesco Technologies to open production plant with automated logistics centre in Ostrava-Hrušov

Vitesco Technologies will launch a new production plant with an automated logistics centre in Ostrava-Hrušov. The investment in this project will exceed CZK 4.7 billion. This is the company's next step in sustainable mobility and transformation of the Czech automotive industry, Vitesco reports. The plant is due to open at the end of this year and will be staffed by 150 employees in the first phase, with the number growing continuously to a full capacity of over 1,000 people in 2027.

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Oxymetal wird eine neue Industriehalle im Arete Park in Pilsen mieten

Der dritte Fonds der Arete-Gruppe, der sich auf Industrie- und Logistikanlagen in der CEE-Region konzentriert, hat die Entwicklung eines Produktionskomplexes im Arete Park Plzeň Borská pole abgeschlossen. Langfristiger Mieter des Standorts wird Oxymetal CZ sein, ein Unternehmen, das sich auf die Metallverarbeitung und die Herstellung von Metallkomponenten für verschiedene Branchen spezialisiert hat, darunter die Automobil-, Energie- und Bauindustrie sowie andere Wirtschaftszweige.

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CTP leases over 400,000 sqm of Czech logistics space in 2023

CTP has so far concluded lease deals with a total area of over 400,000 sqm for space in industrial properties in the Czech Republic in 2023, including more than 10 lease contracts for premises larger than 10,000 sqm. The largest transaction was a contract to renew the lease of almost 54,000 sqm of space in CTPark Bor. The developer continues to build new industrial space across the Czech Republic and is confident that the Czech industrial property market will continue to grow.

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Progresus and Garbe complete industrial centre in western Bohemia

A new logistics and industrial centre worth CZK 520 million (EUR 21.4 million) was opened in the area between Chomutov and Klášterec nad Ohří (west of Prague near the border with Germany). The construction of Garbe Park Klášterec II with a total lettable area of over 18,000 m2 was completed in eight months. Representatives of the investment group Progresus and the developer and co-investor Garbe have already handed over the building to the main tenant, the German manufacturer of sealing systems Isolite.

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