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GEMO DEVELOPMENT launches a new construction project at the Technology Park in Olomouc

Construction of new industrial stock will be launched at the Technology Park in Olomouc in the summer. It will comprise a hall sized approximately 10,000 sq. m. It is the first of three planned buildings for lease, which will offer up to 52,000 sq. m. of assets to their clients.

The premises were designed with emphasis on maximum flexibility and efficiency, so that they can be adjusted and equipped according to the requirements of their individual tenants. There are rental units starting with 1,000 sq. m. on offer.

The Technology Park in Olomouc can boast of an exceptional location. A comprehensive property free of any ownership issues extending to 95 hectares is located in the south-western outskirts of the regional capital of Olomouc, next to the junction of the R46 and R35 high speed roads in the direction of Brno, Ostrava, and Hradec Králové. The territory is conceptually divided into three separate stages.

“There are very few industrial zones of this size ready for immediate development in the Czech Republic today. Due to positive trends in the market demand, we expect an increasing interest in industrial premises in this area”, says Mr Jaroslav Kaizr, Head, the Industrial Letting Team at Cushman & Wakefield.

“Upon the issuance of the building permit, we shall launch the construction of the first building on the premises in July this year. Thus, vacant industrial stock may be available in our park to interested parties as early as at the end of this year. The required space will be tailored to the needs of the individual tenants. We are also ready to offer the land for sale or construct buildings to be privately owned”, says Mr Bohumil Mach, Director, GEMO Development.

“It is expected that the park will attract companies with a wide range of focus areas. It may offer interesting solutions not only to manufacturing and logistics companies but also to research and development centres. Currently, there are no modern industrial premises available in Olomouc. The park therefore represents an ideal solution by taking care of the existing niche on the market and, at the same time, it becomes an investment incentive for businesses that will create new jobs in the region”, says Mr Jaroslav Kaizr.

Within the first phase, the park offers – apart from the rental halls – an additional 300,000 sq. m. of fully developed land. Here, ‘built-to-own’ as well as ‘built-to-suit’ development projects may be implemented for clients. Plots of land sized from 5,000 sq. m. are available there.

Projects ordered by Volvo Truck Czech s.r.o., Jugenheinrich (ČR), s.r.o., EverLift spol. s r.o., and GEMO OLOMOUC, spol. s r.o., have already been completed at the Olomouc Technology Park. Further expansion of the location will be guaranteed.