Prologis develops new BTS facility in Prague

04
Apr
2019
News - Prologis develops new BTS facility in Prague #Czech Republic #industrial #logistics #Prague #Prologis

by Property Forum | Industrial

Prologis has begun a build-to-suit project totalling 9,817 sqm at Prologis Park Prague-Airport for CERVA GROUP a.s., a leading Czech producer of protective personal equipment and workwear.


This is an expansion of the existing facility 2A, which totals 32,032 square meters. Building 2B will feature the most up-to-date sustainable solutions and once complete by the end of the second quarter, CERVA GROUP will lease a total of 41,849 square meters at the park.
 
This building expansion will be the last development to take place at Prologis Park Prague-Airport. The park consists of a mix of BTS and speculative facilities, comprising five buildings totalling almost 136,000 square meters that are 92 percent leased.
 
“It’s been little more than five years since we began developing Prologis Park Prague-Airport. Chances to expand at what has become one of the best performing parks in our Czech portfolio are fast disappearing and we are delighted that an existing customer, CERVA GROUP, has taken advantage of this rare opportunity,” says Martin Balaz, Vice President, Country Manager at Prologis Czech Republic and Slovakia.
Martin Baláž

Martin Baláž

VP, Country Manager Czech Republic and Slovakia
Prologis

Martin Baláž joined Prague team in the role of Senior Leasing & Development Manager Czech Republic & Slovakia in September 2014. In February 2019 he has been promoted to VP, Country Manager Czech Republic & Slovakia. Prior to joining Prologis, Martin had 6 years experience in Real Estate working for Cushman & Wakefield holding recently a position of Associate Partner Head of Industrial and Retail Warehouse department in Slovakia as well as Head of Industrial Department Czech Republic. He graduated Technical University in Zvolen, Slovakia Faculty of Marketing and International Trade as well as MBA in Construction and Real Estate at College of Estate Management in UK. More »
Prologis Park Prague-Airport is adjacent to the D6 motorway at Exit 7, five minutes from Prague Airport. It has excellent access to national and international trade routes via the D0 to the D5 and D1 motorways. Public transportation links, including a bus stop in the park, provide connections to Kladno and Prague, as well as to the train station.



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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • 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.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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