GLP expands in the Czech Republic and Slovakia

27
May
2021
News - GLP expands in the Czech Republic and Slovakia #Bratislava #Brno #Czech Republic #development #GLP #industrial #lease #logistics #Ostrava #Prague #Slovakia

by Property Forum | Industrial

GLP has leased 20,000 sqm of logistics space across two logistics parks in Czech Republic and Slovakia. The company is developing further GLP Parks in Ostrava and Brno, with an additional two developments in the pipeline for next year.


At GLP Park Praha Chrášťany, an 11,000 sqm unit has been leased to Ecologistics, a global infrastructure service provider for cross-border e-commerce, and a new customer for GLP. A further 40,000 sqm unit at the park has been leased to Alza, an existing customer of GLP and the largest e-commerce business in the Czech Republic and Slovakia. GLP Park Praha Chrášťany is still under development and is due to complete in Q2 of 2022. Both units are expected to receive a BREAAM Excellent certification.

Meanwhile, GLP Park Bratislava Senec welcomes a new customer, Berlin Brands Group, which has leased over 9,000 sqm of logistics space. The global e-commerce company has leased the last available unit at GLP’s largest Slovakian asset, which is already home to HOPI, Alza, Quehenberger and others.

Jan Palek, Country Manager, Czech Republic and Slovakia, GLP, said: “In welcoming two new customers Ecologistics and Berlin Brands Group to our GLP family, we are proud to have fully leased our existing assets in the Czech Republic and Slovakia. In order to keep up with this growing demand for quality, sustainable logistics space, driven primarily by the growth of e-commerce, we are now developing further GLP Parks in Ostrava and Brno, with an additional two developments in the pipeline for next year.”

GLP Park Ostrava Hrušov will comprise a total of 93,000 sqm spanning four units. The logistics park is located in close proximity to the D1 highway which connects the Czech Republic’s two largest cities, Prague and Brno, with Poland. Terminal Ostrava is also nearby, enabling access to Šenov and the international railway network. The site was previously a brownfield site and GLP will carry out extensive revitalisation and decontamination works prior to the development on the Ostrava site, which was previously a chemical plant.

GLP Park Brno Holubice will comprise 70,000 sqm of quality logistics space and has been strategically selected to act as a transportation hub between Prague, Ostrava, Poland, Bratislava and Vienna, just 9 km from Brno city.

Both of GLP’s new projects will be developed with flexibility at the forefront of the decision process, as well as 12 m clear height, efficient storage space, and top-in-class sustainability features to provide customers with substantial cost savings from lower utility consumption.




Latest news


New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

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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