P3 completes two buildings at P3 Prague D11

27
Feb
2017
News - P3 completes two buildings at P3 Prague D11 #Czech Republic #development #industrial #logistics #P3 #Prague

by Ákos Budai | Industrial

P3 has completed the first two warehouses at P3 Prague D11, developed partly on a Build-to-Suit basis for Exiteria and FM Logistic, comprising a total of 60,000 sqm. The warehouses are among the largest buildings planned for the park and account for over a third of its total size.  The rest of the site can accommodate eight further warehouses ranging from 3,000 sqm to 26,000 sqm. After completion, P3 Prague D11 will provide a total of 155,000 sqm.


P3 Prague D11 park is located east of the capital, near Highway D11, eight kilometres from the Černý Most shopping district. It is suitable for both distribution and light manufacturing. 
 
The first warehouse at P3 Prague D11 was developed in the first half of 2016 on a Build-to-Suit basis for Exiteria, which runs e-shops with furniture. It occupies 10,000 sqm of the 20,000 sqm building. The rest of the warehouse P3 leased to Penny Market.
 
Photo: p3parks.com

The other warehouse was completed at the beginning of this year. It is occupied by three businesses. The largest is FM Logistic, a logistics services company that uses 17,000 sqm to store goods for the Nestlé Corporation. The warehouse features an air-conditioned area where the temperature is maintained at a constant 16 °C for this storage. Summer cooling and winter heating costs are reduced thanks to extra-thick façade panels and insulated bridges. LED lighting has been installed throughout the building. It also has a roof clearance of 12 m, above the industry standard, allowing increased storage capacity.

The warehouse also includes 5,000 sqm occupied by the LIDL retail chain and 4,700 sqm used by Ekol Logistics, a Turkish company that entered the Czech market in April 2016 and has its registered office at P3 Prague D11.  An additional 13,000 sqm is available for lease.



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  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


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