VGP Park Ústí nad Labem City secures new tenant

09
Feb
2023
News - VGP Park Ústí nad Labem City secures new tenant #automotive #brownfield #Czech Republic #development #industrial #lease #logistics #VGP

by Property Forum | Industrial

VGP has acquired a new tenant for its newly prepared technology park in Ústí nad Labem, situated in the northern part of the Czech Republic at a 90-kilometre distance from Prague. The new tenant in Hall A at VGP Park Ústí nad Labem City is Bosal, a company from the automotive industry.


VGP has acquired a new tenant for its newly prepared technology park VGP Park Ústí nad Labem City, which will emerge from a brownfield site near the city centre on the location of the former Avirunion glassworks bounded by Sklářská, Tovární, and Kekulova streets. Bosal Aftermarket Europe, a leader in the development and production of catalytic converters and emission control systems for passenger cars and industrial applications, has leased a total of 10,210 sqm of production and warehouse space in Hall A. The new hall will be built to green certification level BREEAM Very Good standards. VGP expects to complete it by the end of this year, with the handover taking place in January 2024.

“Bosal is, like VGP, a family-owned business. A business that has operated for a century and serves as a Tier 1 supplier to the major automakers globally. We consider Ústí nad Labem, with its industrial tradition, to be an ideal place for the expansion of their business. Moreover, the project is located just 2 kilometres from the D8 motorway connecting Prague and Dresden. By expanding to this location, the company will create dozens of jobs and thus support employment in the region,” comments David Plzák, VGP Country Manager for the Czech Republic.

Bosal was founded in 1923 in the Netherlands. Since then, it has grown significantly to become one of the leading innovators in the automotive and energy industries. It currently has 17 industrial sites, 12 distribution centres, 7 research and development centres, and 2,500 employees worldwide. The company’s main products include emission control systems for passenger and commercial vehicles, roof racks, towing systems, and other automotive components.

Within VGP Park Ústí nad Labem City, a total of 3 halls with BREEAM Very Good green certification will be built on an overall area of almost 11 hectares with more than 52,000 sqm of lettable space. Preparatory work is currently underway and at the moment 12,000 sqm of space remains available to be let in Hall A. “With the signing of the lease agreement with Bosal, we still can offer 40,000 sqm of modern semi-industrial and logistics space at this location that is under construction or ready to begin building and with the possibility of installing photovoltaic panels on the roofs of the halls,” adds Ondřej Titz, Commercial Director for the Czech Republic.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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