News Article Accolade Czech Republic development e-commerce industrial logistics Panattoni
by Property Forum | Industrial

Accolade and Panattoni are continuing the extensive revitalization of a former settling reservoir in a sugar factory near Kojetín in the Olomouc region. The CZK 3 billion industrial complex, designed and constructed aligned with the latest trends in e-commerce and targeting future local and foreign tenants, will be completed by the end of the year 2022.

„The basic motivation for all of our investments is the economic development and the growth of wealth of the Czech regions. They often offer huge idle potential, and, with proper infrastructure, they can attract even the biggest market players in the business. I am sure that thanks to this project, Kojetín, and its surroundings became a slightly better place for living. The locals will find well-paid jobs close to their homes, and other business opportunities may arise as a result of this project. If these benefits are added to the possibility of the revitalization of a brownfield with no need to seize agricultural land, it is a great, win-win situation,“ says Milan Kratina, CEO of Accolade who finances the project.

„The current situation accelerated the transition to digital retail. Modern e-commerce infrastructure defies the effects of the pandemic and ensures the supply of necessary goods to customers. If we want to fulfil the Czech Government’s words and „become a real country for the future “, we have to build preconditions for the most modern business operations with an accent on robotization and the latest world trends. This park will be the first multi-storey logistics building in the Czech Republic prepared for the robotization,“ adds Pavel Sovička, Managing Director for the Czech Republic and Slovakia of Panattoni.

The building with a floor area of 52,000 sqm will have a direct connection to the D1 motorway and a location outside the residential area, where space is separated from the city by a distillery, railway station, and solar power plant. Thanks to this, the project will also benefit from the nearby railway corridor. Employees will be able to use the train connection both from the direction of Brno-Olomouc and from the direction Kroměříž-Uherské Hradiště. The entire complex will be built with an accent on the principles of modern ecological construction so that the business minimizes the impact on the environment including the so-called carbon footprint.