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.




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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