GARBE launches 30,000 sqm speculative development in Chomutov

07
Apr
2022
News - GARBE launches 30,000 sqm speculative development in Chomutov #Czech Republic #development #Garbe Industrial Real Estate #industrial #logistics #speculative

by Property Forum | Industrial

GARBE Industrial Real Estate Czech Republic has commenced the development of 30,000 sqm at GARBE Park Chomutov. The structure will be built on the plot of a former construction company. GARBE demolished and revitalized the brownfield area and prepared it for the new construction of an industrial hall, which will be finished by the end of this year.


GARBE purchased this land soon after it entered the Czech market at the end of 2020. The company has already invested CZK 13 million into the project. This modern production and logistics space will be delivered in the region, which has an almost 100% industrial space occupancy rate. The new building will offer units leasable from 3,000 sqm, all delivered in the highest quality and with environmental solutions, such as photovoltaic panels placed on the roof.

Martin Stratov, Business Development Director for GARBE for the Czech Republic and Slovakia, said: “We are happy we can start the project following the revitalization and preparation work. We are seeing demand from production companies who are also looking for employees to support their operations. Chomutov is the perfect place to meet this need and we expect that our new space could generate up to 500 jobs.”  

Martin Polák, Managing Director GARBE for CEE, adds: “We are confident in our investments in the region and in this former brownfield. Because there is almost no available industrial space in the area, which also boasts an experienced workforce, the location is ideal for speculative development. The German border is strategically located near the park which is also a big advantage.”

GARBE Park Chomutov is located in Chomutov right at the highway exit D7, 18 km from the German border and 98 km from Prague. A trolley bus station is located in the park.  




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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