Ecologistics leases 63,300 sqm in Prague and Pilsen

04
Aug
2021
News - Ecologistics leases 63,300 sqm in Prague and Pilsen #Czech Republic #Ecologistics #industrial #lease #logistics

by Property Forum | Industrial

Ecologistics, a 3PL company operating in the Czech Republic since 2017, has been expanding recently on the Czech property market, leasing in total 63,300 sqm of Class A commercial space in 4 industrial parks in Prague-West and in Pilsen-Stenovice from Prologis, GLP and Logicor. Ecologistics serves global e-commerce companies whose goods have been delivering to customers in the Czech and Slovak Republics as well as in Germany. The distribution centre in the Czech Republic was the second logistic hub Ecologistics opened in Europe after having entered the UK market. The firm has so far built a robust logistic framework across Western Europe, currently leasing premium logistics space also in Germany, France, Spain and Italy.  


„Ecologistics is a 3PL operator distributing goods of e-commerce companies such as Amazon, eBay, AliExpress, shopify and Walmart. We dispatch 30,000 packages daily in the Czech Republic and thanks to additional two new warehouses in Prague-Chrastany and Pilsen-Stenovice our capacity significantly increased,” says Roman Havelka, Operations Director at Ecologistics Czech Republic, adding. „We are also pleased by the growing interest of the Czech companies in our service. The number of them has been expanding beyond Czech and Slovak markets and they need to distribute goods not only in Europe, but overseas, and we are an experienced and reliable partner for them.”

The growth of Ecologistics´ real estate portfolio in the Czech Republic is closely tied to spreading services for B2B clients and distribution of their goods from the producer to the user (another company). To their e-commerce clients, Ecologistics provides fulfilment service which means that the logistics company is fully responsible for goods storing, receiving and handling orders and distributes goods to the customers on behalf of a particular e-shop.  

„The Czech Republic´s central position continues to be attractive for international logistics companies as they are able to supply Western Europe (mainly Germany) as well as Central Europe effectively from here. The biggest interest among them is for Prague and its close vicinity, but having in mind the limited capacity of the A-class warehouses there and significant rental growth in some locations in and around Prague recently (in H1 2021 by up to 30 % to €5–5.5/sqm/month), the logistics companies are moving to the Czech regions. Firms serving the German market to the Pilsen region or to the Czech-German border. If they are not able to find suitable space in the Czech Republic, they usually relocate to Poland, where commercial development including industrial one is easier and quicker, where the industrial rents are lower and there is also a better connection to Northern Germany,“ comments Peter Kolenčík, founder of Lokatio.cz, who is representing Ecologistics on the Czech property market.   




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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