News Article 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.

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.