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Martin Baláž appointed Prologis Senior Vice President, Head of Asset Management for Central Europe

Prologis continues to grow in Europe and introduces organizational changes to increase efficiency. Martin Baláž, previously senior vice president and country manager for the Czech Republic, Slovakia and Hungary, has been appointed as one of the four new Heads of Asset Management, making him responsible for Prologis' operations throughout Central Europe.

The Czech Republic has the world’s greenest industrial building

A modern industrial facility at Panattoni Park Cheb South has become the most environmentally friendly industrial building in the world.

The speculative construction of the DC3 building in Prologis Park Prague-Chrášťany opens up new opportunities on the Czech logistics market

What characteristics should an ideal logistics property have? At Prologis buildings, customers appreciate their excellent location with easy access to major consumer centers, which provide excellent facilities for last-mile logistics. We also understand that for their continued efficient growth, customers need real estate that precisely matches the specific needs of their business.

Amazon's distribution center in Kojetín received BREEAM New Construction certification at the Outstanding level

The building, which is rented by Amazon in Panattoni Park Kojetín, received the highest level of sustainability assessment according to BREEAM New Construction at the Outstanding level. With its floor area of 187,000 square meters, the robotic distribution center thus became the largest building with this level of certification in the Czech Republic. The developer of the project is the company Panattoni, the investor is the Accolade group.

Jungheinrich officially opens a production plant in Chomutov

The handling equipment manufacturer Jungheinrich ceremoniously opened its new plant in Chomutov. In the future, the company will turn the 37,000 square meter premises, located in Panattoni Park Chomutov North, into a center for the production of trolleys with a retractable column. More than 350 new jobs will be created as part of the EUR 60 million project.

Shape Corp. starts production in industrial zone Panattoni Park Pilsen West II

One of the leading manufacturers of components for the automotive industry Shape Corp. starts production in a new facility with total area of 36 400 square meters. The industrial complex, which was built by the development company Panattoni, was created on the brownfield site, where used to be coal mines. Shape Corp. moved here from the Borská pole to expand its production capacity. The company is a major employer in the Pilsen region and the new plant will employ up to 700 people.

The Korean company Hanon Systems agreed with Panattoni and Accolade on the construction of another hall in the Kladno area

In the Kladno-jih industrial zone, the developer Panattoni will build a new hall for Hanon Systems, a Korean manufacturer of parts for air conditioning and cooling systems for cars. The investor of the project is the Accolade group. She bought the entire area with the existing hall, which will undergo modifications. At the same time, Panattoni will build new production premises with an area of more than 20,000 square meters, which Hanon Systems will use to expand its production for new customers.

In the Czech Republic, the construction of industrial premises has increased, but they will not cover the demand

In the first quarter of this year, 218,000 square meters of industrial space were completed in the Czech Republic. This is 21 percent more than the previous five-year average for the same period. However, increased construction still barely covers demand, which has an impact on rising rents. It grew by 30 percent last year. There are 11 million square meters of commercially leasable space in the Czech Republic, and another 1.3 million square meters are currently under construction. This was reported by the consulting company Colliers, which focuses on real estate investments, in its analysis.

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