P3 to launch 60,000 sqm speculative project near Prague

21
Feb
2019
News - P3 to launch 60,000 sqm speculative project near Prague #Czech Republic #development #industrial #logistics #P3 #speculative

by Property Forum | Industrial

One of the newest industrial parks in the portfolio of the developer and manager of industrial properties, P3 Logistic Parks, will launch an expansion this spring. Warehouse A will be enlarged from its present size of 30,000 sqm by an additional 60,000 sqm. The extra capacity will be available to prospective customers at the end of the year. It will be the largest building in P3’s portfolio in the Czech Republic.


Even before laying the last cubic metre of concrete for the floor of the shell of the new warehouse in June 2018, P3 Logistic Parks had great plans for the Lovosice complex. Thanks to its connections to exits 45 and 48 on the D8 motorway, the close proximity of a container terminal on a railway line connecting Budapest, Vienna and Berlin, and a two-kilometre distance from a river port on the Labe, demand is high for premises in the park. Long-term P3 customer FM Logistic ordered 30,000 sqm of custom-built space even before construction began. Once enlarged, the warehouse will offer units with sizes starting at 5,000 sqm.
 
In planning the park, which will provide several hundred jobs, P3 pays close attention to the comfort of both employees and people from the local community. In addition to the fact that P3 Lovosice is easily accessible by public transport thanks to its location on three routes, there will be ample parking space for workers who travel to work by car. Local residents can easily reach the park on foot or by bicycle. Lighting in both existing and new buildings will be provided by environmentally-friendly, cost-saving LED lights. To improve thermal insulation and energy efficiency, the warehouse will feature a reinforced façade and insulated loading bays. The park will be incorporated into a natural habitat with trees and bushes, which will provide an optical and acoustic barrier separating the industrial zone from the municipality of Lukavec.
 
The park is located directly next to another property in the P3 portfolio, the P3 Lovosice Cargo park, which is used under a long-term lease by a single customer conducting business in the rail transport sector. Once the park is completed, P3 will manage more than 168,000 sqm of industrial space in Lovosice.



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New leases

  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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