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CBRE: Interest in North Bohemia is growing among foreign investors

CBRE, the world leader in the commercial real estate sector, has confirmed the growth of investment activity on the Czech real estate market in the Ústí nad Labem Region. Recently CBRE has provided assistance on two foreign investment projects alongside others in the region. In total, these companies could create up to four hundred new jobs in North Bohemia.

Up to 100 new jobs in the North Bohemian Region. 

• Fukoku Rubber, a Japanese company, will create up to 50 new jobs.
• Up to 50 new jobs will be created by Regenersis, a British company. 
• CBRE has been working on other investment projects in the region of Teplice and Ústí nad Labem.
• Expectations: Up to 400 new jobs in the region by the end of the year. 

North Bohemia has not traditionally been the number one region of choice for foreign investors, although the region does provide interesting expansion opportunities to companies operating in various industries, as well as offering qualified labour. Recently CBRE has given investment assistance to  two foreign  companies which are planning to create as many as one hundred new jobs in the region.  

The first investor is the British company Regenersis, which is one of the leading service providers for the repair of high-tech electronics. They provide their services to companies such as Nokia, Samsung, Toshiba and Honeywell. CBRE participated in the analysis of the real estate and labour markets, on the basis of which Regenersis chose CTPark Teplice, where the company will lease 3,000 square metres of production area. CTPark Teplice will be home to  a high-tech repair centre, initially employing 50 employees, with a planned expansion of up to 100 employees in the future. “I'm glad that Regenersis has chosen this site in Teplice, as the character of the operation, in my opinion, fits perfectly into the region's needs,” says Michal Bezděka. 

The other investor is FUKOKU Rubber, a Japanese producer of rubber components for the automotive industry. CBRE transacted the lease of a modern production hall in Lovosice where rubber components for motor vehicles will be produced and FUKOKU will supply them to Japanese producers of automotive components operating in the Czech Republic. “As many as 50 new jobs will be created and I am convinced that this investment will be beneficial for the city and its surroundings due to the newly created job opportunities,“ commented Michal Bezděka, Head of Industrial Agency, CBRE.  

CBRE has been negotiating with several other foreign investors who are considering investments in the region and which could result in up to 300 new jobs in years to come.

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About CBRE

CBRE Group, a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees and serves real estate owners, investors and occupiers through approximately 350 offices in more than 60 countries (excluding affiliates) worldwide. CBRE offers strategic advice and execution for real estate sale and lease, corporate services, facility and project management, real estate appraisal, development services, investment management and research. In the Czech Republic CBRE has nearly 350 employees. In the Czech Republic CBRE manages nearly 200 items of commercial premises with a total area nearly 1.2 mill. sq. m. Read more at www.cbre.cz