Panattoni revitalises brownfield site in the Teplice region

16
Nov
2021
News - Panattoni revitalises brownfield site in the Teplice region #Accolade #Czech Republic #development #industrial #logistics #Panattoni Europe

by Property Forum | Industrial

Panattoni has revitalised another brownfield site for investment group Accolade. They have returned industry to a location where it has historically thrived, the former Kavalier glassworks site in Hostomice, in the Teplice region. The first tenant of the new industrial zone named Panattoni Park Teplice South is the Czech sanitary equipment retailer Sanitino. It has started operating a distribution centre, which will gradually serve the whole of Europe. The transformation of a brownfield, with more than a century of glass history, into a modern zone for light manufacturing and distribution of goods, with an investment of more than half a billion, is therefore continuing successfully.


"I am not afraid to say that today, after thirteen years on the market, we have started another era of our company. From our new central warehouse, we will now supply not only the whole of Central Europe, but also Italy, Belgium, the Netherlands, France, Spain, Romania, and Croatia. Gradually, we plan to expand our distribution to the whole of Europe. We are now able to ship over 40,000 products every month, but we expect to more than double this in the future," commented Rudolf Janis, Managing Director of Sanitino.

The semi-automatic hall boasts the latest logistics technologies and an unusual solution with three mezzanines. That makes it possible to maximise the storage space and make the process of packing and dispatching goods more efficient and faster. As it also includes a picking tower, with conveyors and other demanding storage systems, it was necessary to increase the floor load capacity in this part of the building to 40 tonnes. The foundation piles with an impressive 30 metres length are also a major feature of the warehouse.

“We have been working on the transformation of old and sometimes long-dead industrial plants into modern industrial spaces in the Czech Republic for ten years now, and I have to say that it is a fascinating adventure. In our brownfield portfolio, we have engineering plants, a trolleybus production plant, a coal mine and now, thanks to Hostomice, the famous glassworks. All these plants have one thing in common: in their time, they were a well-known name and often a job for hundreds or even thousands of people. Each successful transformation assures us that this path is the right one and that in time, it will lead to the creation of similarly famous operations," said Pavel Sovička, Managing Director Panattoni CZ&SK.

"This project shows why we place such an emphasis on brownfield revitalisation. The former glassworks site offers suitable conditions for companies in the field of light manufacturing, logistics and e-commerce, which will help stimulate the regional economy in the Ústí nad Labem region. The Park is located at the exit of the I/13 road, connecting the Ústí nad Labem region with the Liberec and Karlovy Vary regions, but also close to the D8 motorway leading to Germany. This gives companies the flexibility to distribute goods throughout Europe. In addition, the renovation of the site has succeeded in removing old environmental burdens," added Milan Kratina, CEO of the Accolade Group.

Panattoni Park Teplice South will bring a total of 300 new jobs to the Teplice region, of which 50 will be in the Sanitina hall alone. Furthermore, the project will also greatly benefit the village of Hostomice and its immediate surroundings as, after an extensive revitalisation, the site will be in its best ecological condition in 150 years.




Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.


Latest news

News - MLP Group to expand urban logistics portfolio in Vienna
13
Apr
2026

MLP Group to expand urban logistics portfolio in Vienna

by Property Forum
MLP Group has acquired a development plot in Vienna's 11th district to build its second urban logistics project in the Austrian capital. The 5,879 sqm site is located approximately 700 metres from Wien Hauptbahnhof, the city's main railway station.
Read more >
News - EPP secures €324 million for Polish retail portfolio refinancing
13
Apr
2026

EPP secures €324 million for Polish retail portfolio refinancing

by Property Forum
EPP, Poland's largest retail asset manager, has secured a €323.9 million loan to refinance existing debt on its shopping centre portfolio. The financing covers four retail assets: King Cross Marcelin in Poznań, two assets in Szczecin (Galaxy and Outlet Park), and Pasaż Grunwaldzki in Wrocław.
Read more >
News - Hungary's political earthquake: What Orbán's defeat means for investments
13
Apr
2026

Hungary's political earthquake: What Orbán's defeat means for investments

by Property Forum
In one of the most consequential political shifts in Central Europe in decades, Hungary's opposition Tisza Party led by Péter Magyar delivered a landslide victory over Prime Minister Viktor Orbán in parliamentary elections held on April 12, ending a 16-year grip on power and sending immediate shockwaves through financial markets. For real estate professionals and foreign investors, the result may represent the most significant opportunity reset in Hungary's post-communist history.
Read more >


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