Panattoni Park Cheb expands

08
Sep
2017
News - Panattoni Park Cheb expands #Czech Republic #Development #Industrial #Logistics #Panattoni Europe

by Ákos Budai | Industrial

After completion of the second part of the construction in Panattoni Park Cheb, Tchibo has opened an expanded distribution centre for its e-shop. The rentable space increased from 39,000 sqm to 73,000 sqm. This means that in Cheb has grown the second largest logistics hall in the Czech Republic and Tchibo’s largest distribution centre in Central and Eastern Europe. Operations of the first part of the building were commenced on 2 December last year and the site these days just dispatched its millionth parcel.


The investment totalling CZK 1.6 billion is one of the largest in the region and represents a significant impulse for the development of the Karlovy Vary region, which the government has designated a structurally-affected area. One of the most important global coffee producers and the leader in Czech online sales in the clothing category has enabled the creation of 348 new jobs, thanks to its activities in Cheb. Geis company, which handles the operation of the whole distribution centre for Tchibo, has currently placed these employees in a six-day, two-shift system. The distribution centre was built by developer Panattoni Europe.
 
The new distribution centre of Tchibo in Cheb specialises in B2C online business. Inside there is storage, sorting, preparation, packaging and dispatch of goods that customers ordered on the e-shop’s website. Thanks to the expansion in the second stage of construction, the building has a generous capacity of 30,500 pallet points, and it should therefore be able to cope with the most demanding peak times before Christmas.
 
Cheb industrial zone currently occupies approx. 40 hectares and the total number of employees is now approaching 3,000..



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New leases

  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.

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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