Mall.cz Expands Into 51,000 Square Metres at Prologis Park Prague-Jirny
Prologis, Inc., the global leader in logistics real estate, today announced that it will deliver an additional 20,500 square metre facility for Mall.cz, an online consumer goods and electronics store, at Prologis Park Prague-Jirny. The building is scheduled for completion in the third quarter of 2016.
“Having been given the option to expand later when we signed the agreement for our existing building, we decided to go ahead with it largely due to our satisfaction with the park’s location,” said Oldrich Petranek, international operations director, Mall.cz. “As our business continues to grow, we need more high-quality space to fulfil high demand from our customers, as well as a professional property management team that allows us to fully focus on our operations, both of which are being provided by Prologis.”
Situated adjacent to Mall.cz’s existing 31,000 square metre build-to-suit facility, which was delivered in 2015, the new building, DC5B, will be fully customised to meet the specific requirements of e-commerce distribution.
“Our Prague portfolio continues to receive strong demand, and Prologis Park Prague-Jirny, in particular, is performing exceptionally well,” said Marek Muller, director development and leasing, Prologis Czech Republic. “This new agreement follows a recently delivered 32,500 square metre build-to-suit expansion for another customer at the same park and reaffirms our strategy regarding location and property management.”
Prologis Park Prague-Jirny is a state-of-the-art distribution park that currently comprises 255,000 square metres of distribution space. The park is 8 kilometres east of the Prague city border and has direct access to the D11 motorway, which enables efficient distribution to local markets and neighbouring countries.
Prologis is one of the leading providers of distribution facilities in the Czech Republic with more than 985,000 square metres of logistics and industrial space (as of March 31, 2016).
Related news
Hungarian IKEA sets world record: Soroksár will be the world’s largest fulfillment center
By 2026, IKEA’s Soroksár store will be transformed into the…
Read more >Shopper Park Plus Plc. acquired a retail park portfolio in Slovakia
Shopper Park Plus Plc. (SPP) has acquired a Tesco-centric retail…
Read more >ERSTE Open-Ended Real Estate Investment Fund has closed the biggest deal of the decade with the purchase of two HelloParks warehouses
In the framework of the largest single transaction ever in…
Read more >Related news
László Flórián will manage Praktiker from April
A new CEO will manage the Hungarian-owned, nationwide DIY chain…
Read more >Not an April Fool’s joke: You can try this special treat at McDonald’s in Hungary
New food trends appear almost daily in the world of…
Read more >This year’s Easter could be a really strong one with Univer’s new product
Univer is catering to bold gourmets with its latest limited…
Read more >