Segro signs 6,000 sqm tenant prolongation in Prague

19
Apr
2024
News - Segro signs 6,000 sqm tenant prolongation in Prague #Czech Republic #Ikea #industrial #Prague #Segro

by Property Forum | Industrial

Segro has extended the lease agreement with Ikea in its park in Hostivice. The furniture dispensing warehouse has been located in SEGRO Logistics Park Prague since 2014.


The unit serves as a dispensing warehouse for customers who have purchased goods from Ikea at its nearby store in Zličín. The Ikea warehouse is located in a 6,720 sqm unit in Building G

Segro Logistics Park Prague offers up to 250,000 sqm of leasable area in 14 halls, with proximity to the Václav Havel Airport and easy connection to the city ring road and the D5 motorway towards Plzeň. It is also accessible by public transport.

Segro is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris. It owns or manages 10.4 million sqm of space valued at £20.7 billion. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • 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.

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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