The construction of industrial real estate increased by a record number in the first half of 2020
Prague, 21th of August
The main sectors that dominated the demand for industrial and warehouse space during the coronavirus pandemic with a total share of 53% are logistics companies and large e-shops, whose services rose sharply in the second quarter. This was followed by manufacturing companies with 37 percent. Logistics leased 62% of new premises and production 28%. Lubor Svoboda, co-founder of the ARETE Group, which invests in industrial real estate through its funds, adds market data: “During the coronavirus pandemic, our funds saw increased demand for storage from large logistics companies and the e-commerce segment. Due to the stability of the industrial real estate segment, our group is preparing several acquisitions of larger industrial parks. I think that in the second half of the year the transactions of interesting investment volumes will take place."
The article in Czech is available here: https://retrend.cz/novinky/vystavba-a-remodeling/vystavba-nemovitosti/