GLP secures 40,000 sqm lease in Prague with Alza

08
Feb
2021
News - GLP secures 40,000 sqm lease in Prague with Alza #Czech Republic #e-commerce #GLP #industrial #logistics #Prague

by Property Forum | Industrial

GLP has commenced development of a 51,000 sqm warehouse at GLP Park Prague Chrastany, 40,000 sqm of which has been leased to e-commerce business, Alza.


Chrastany is GLP’s second project with Alza, the largest e-commerce business in the Czech Republic and Slovakia. Alza has been operating at GLP Park Bratislava Senec since 2015, where it now occupies 47,000 sqm. Alza launched its expansion across Europe in 2014 and is now active in numerous European countries.

Alza intends to use the 40,000 sqm warehouse as an e-commerce distribution centre, showroom and a drive-through pick-up point. The site has been developed with an increased floor loading capacity to allow for the installation of a steel mezzanine, and partitions have been removed to create an open-plan layout to maximise warehouse space. Thanks to advanced loading docks with three levels, a wide range of vehicles from small vans to standard lorries can be used to conveniently access the site.

Construction has now begun and is due to complete in Q2 of 2022. The site will comprise two separate units of 40,000 sqm and 11,000 sqm, with the latter still available to lease. Both units are expected to receive a BREEAM Excellent certification.

To ensure the safety and well-being of customers, the logistics park has been designed to allow pedestrians safe access away from truck traffic and includes designated leisure zones within its gardens.




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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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