Panattoni hits 2 million sqm milestone in Czech Republic

24
Feb
2026
News - Panattoni hits 2 million sqm milestone in Czech Republic #Czech Republic #Development #Industrial #Logistics #Milestone #Panattoni #Pavel Sovička

by Property Forum | Industrial

International developer Panattoni has reached a milestone on the Czech market by surpassing 2 million sqm of built modern industrial space. The company crossed the two-million threshold with the completion of a building in Panattoni Business Park Cheb, featuring a record floor area of 214,000 sqm, which was handed over to tenants in February 2026.


Panattoni has been operating in the Czech market since 2007 and has become one of the most active players in Czech industrial development. 

"We build business spaces in the Czech Republic, creating infrastructure that generates income for public budgets. Based on a KPMG study on tax allocation, this represents direct contributions exceeding €8 billion over the lifetime of the properties without multiplier effects," says Pavel Sovička, managing director of Panattoni for Czech Republic and Slovakia. 

The company has completed 2.13 million sqm of building space, with an additional 200,000 sqm under construction. Panattoni has achieved Breeam New Construction certification for 1.4 million sqm, including 513,000 sqm with the highest Breeam Outstanding rating.

The developer has also recultivated 1.1 million sqm of brownfield sites as part of its development activities in the Czech Republic.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • 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.


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