7R and EQT construct speculative development near Prague

11
Sep
2025
News - 7R and EQT construct speculative development near Prague #7R #construction #Czech Republic #EQT Real Estate #industrial

by Property Forum | Industrial

EQT Park Prague North, situated in Lužec nad Vltavou near the D8 motorway, is a joint venture between the development company 7R Czech Republic and EQT Real Estate Czech Republic.


7R is liable for permitting, construction and the development of the project, while EQT Real Estate is responsible for its financing. Both partners are involved in leasing.

The modern industrial park, EQT Park Prague North, whose construction commenced in April 2025 and is scheduled for completion by the end of the first quarter of 2026, comprises two logistics halls with a gross leasable area of 56,500 sqm. The larger hall will offer 44,900 sqm, while the smaller one totals 11,600 sqm of A-class commercial space with the possibility of customisation according to client requirements. 

“EQT Park Prague North marks another investment in Czechia, following the acquisitions in Ostrava Airport and Nosovice, where EQT Real Estate owns over 300,000 sqm of modern logistics space. This speculative development, which will be practically complete early in 2026, will help us address strong, sustained demand from blue-chip tenants seeking modern logistics facilities in the Greater Prague market,” explained Marek Müller, Senior Director Investment & Leasing at EQT Real Estate Czech Republic and Slovakia.




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New leases

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


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