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

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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