Competitiveness / Business and Industry
This section feature research, opinion and progress reports on how the Czech Republic compares to other EU countries economically. It includes analysis of international rankings such as the WEF and World Bank.
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Czech Industrial Property Market third quarter: Streamlining operations gives companies crucial competitive advantage
The rising prices of construction materials and energy, the increasing cost of land for new construction, a lack of crucial components to ensure continuous production and workforce shortages are all afflicting the industrial sector in the Czech Republic. One solution in regard to the availability of industrial real estate would seem to be the optimising of operations and more frequent investment by many companies into the automation of routine activities.
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CTP Opens Domeq II and III – Two More Modern Residential Projects for Young Professionals and Families
This autumn, the European industrial developer CTP officially opened two more buildings in Brno for young local and expatriate professionals and young families. Both buildings can accommodate more than two hundred individuals and are follow-ups to the successfully established Domeq I, which the company launched in Brno about four years ago. Due to their larger rooms, the two new buildings are designed to be more for individual residential living rather than co-living, as was the case for Domeq I. CTP continued this residential project in response to the current high demand in the housing market that is not just seen in Brno, but the whole country
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CTP is now leasing additional 70,000 m2 in CTPark Bor, one of the 4 biggest parks in CEE
CTPark Bor is currently the largest industrial park in the Czech Republic with a total area of 135 hectares. Upon completion, which is planned for the end of next year, the park will provide more than 616,000 m2 of lettable space. Currently, there are a total of 14 tenants including leading international technology suppliers, automotive companies and the Primark clothing retailer. The park provides jobs to approximately 4,000 people.
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