Panattoni adds 30,000 sqm to Tchibo’s distribution centre in Cheb

04
Nov
2021
News - Panattoni adds 30,000 sqm to Tchibo’s distribution centre in Cheb #Accolade #Czech Republic #development #industrial #logistics #Panattoni

by Property Forum | Industrial

With the recent completion of the third phase of the Tchibo distribution centre in Panattoni Park Cheb, adding approximately 30,000 sqm, the hall, totalling over 100,000 sqm, has become the largest industrial building completed this year in the Czech Republic. Panattoni as a developer completed the project together with investment group Accolade. Since the first phase of construction in 2016, the tenant has been Tchibo, one of the world's most important coffee producers and consumer goods retailers. The new part of the site aspires to a high BREEAM New Construction environmental certification rating of "Excellent". 


The value of the investment after the expansion will reach almost €30 million, the leasable area of all phases will exceed 100,000 sqm and the warehouse will offer 57,000 pallet spaces and 60,000 spaces for cardboard boxes. Until now, it has served exclusively as a B2C centre for the e-shop of Tchibo, but after its expansion and the addition of new technologies next year, it will be also used for the return part of B2B logistics processes relating to Tchibo stores and depots. Like Accolade and Panattoni, Tchibo is committed to business sustainability. In addition to certifying the buildings at a high level of sustainability, the company has changed the way it transports goods to Cheb, using full trains with containers instead of trucks arriving close to the German-Czech border, and using trucks to transport containers only the last kilometres.

“I am delighted that this important milestone fell on the thirtieth anniversary of Tchibo in the Czech Republic. The expansion of the distribution centre shows our clear commitment to Cheb and to the Czech Republic, as a fundamental building block of our European logistics strategy. We see the industrial park in Cheb as a highly functional logistics centre and a great starting point for the distribution of our products. It works perfectly for all countries involved in e-commerce and constantly confirms its importance,” says Richard Hodul, General Manager, Tchibo, Prague. 

"We are delighted to have been able to contribute to the anniversary celebrations of Tchibo in this way. We are very proud of the industrial park in Cheb. Our goal is to contribute to the growth of the Karlovy Vary region and, thanks to the competition on the labour market and the related wage growth, to make it step by step the Czech Bavaria," adds Milan Kratina, CEO of the Accolade Group.

"When we entered Cheb in the middle of the last decade with the vision of a new industrial zone, we were condescendingly complimented for our courage in trying to reach the western market with a different region than Pilsen. Tchibo was one of the first tenants and, to be honest, it was quite difficult to convince its representatives to go for this location. In the end, however, it turned out to be the right decision and the Karlovy Vary Region can act as a full-fledged second gateway to Germany alongside the Pilsen Region. The Czech Republic has always been the business crossroads of Europe. I am glad that, thanks to Tchibo, this is beginning to be true again. Thanks also go to the town of Cheb for its long-term support,” says Pavel Sovička, Panattoni's General Manager for the Czech Republic and Slovakia.




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.

Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy