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108 Real Estate: Low operating costs making CZ competitive

Robert McLean — Wed, 29 Jan 2025 06:07:39 +0000

A new survey by SKLAD and Ipsos reveals that location, price, transport accessibility, and workforce availability outrank energy efficiency when companies choose warehouse space in Czechia. Similar preferences apply to manufacturing facilities, writes 108 Real Estate. It claims that operating costs of industrial properties significantly influence the Czech Republic’s competitiveness in international tenders. Until recently, higher costs drove logistics operators to choose Poland. But that dynamic began shifting late last year as Polish wage costs increased.

Property managers note that operating fees currently range from €0.5 to €1.5 /sqm/month, with security costs comprising around 20%. Energy costs are a chapter unto themselves. “Companies are more interested in the building’s energy performance certificate than whether the building has a local distribution system (LDS), through which the tenant can contract electricity supplies directly,” says Petr Jílek of 108 Real Estate.

“This is also because energy suppliers are tendered less than in the past, as the current situation in the electricity and gas market encourages contracts with spot prices. The distribution component of the price is fixed, and the commodity changes uniformly for all traders. The differences in offers are therefore minimal, and only larger consumers can achieve more significant savings.”

The key element is quality building insulation, especially in glazed areas, including skylights, where the greatest heat losses occur through thermal bridges. In logistics centers, where winter temperatures are maintained between 12 and 15°C, heat losses most often occur when staff don’t follow standard guidelines. Curtains might not be used at loading docks, for example, even though metal bridges for loading and unloading can freeze to -10°C. In such cases, even additional heavy insulation of the facade and roof won’t help with thermal comfort inside the halls.

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IBF announces 7th annual Real Estate seminar for Oct. 12

Robert McLean — Tue, 20 Sep 2022 11:41:18 +0000

The IBF has released the schedule for its upcoming real estate seminar, which takes place on Wednesday, Oct 12 at the KPMG’s Prague office. It’s the seventh edition of the annual event, which will cover a range of topics. Speakers will include Pavel Kliment (KPMG) with a general economic overview, Peter Visnovsky (LEXXUS), Jan Adamek (Jan Reality), Diana James of Daramis and Lars Klett, MD of UEPA, who will speak on legal issues. Doors open for the event at 8:45 am with the conclusion expected at 1pm. The event . . .

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Schedule of Upcoming Events

Robert McLean — Tue, 19 Jul 2022 12:15:09 +0000

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