PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

AEW Europe acquires park for EUR 150m

AEW Europe has used its fund LOGISTIS to buy a Prague-based logistic park from Panattoni Europe. It acquired the park offering the lettable area of 255,000 m2 for EUR 150m (over CZK 4bn). The park offers also a hall covering 125,000 m2. The hall will likely be leased to Amazon once it is completed. Developer Panattoni Europe plans to complete the construction in the summer of 2015. According to Panattoni Europe Czech Republic CEO Pavel Sovička, the building being constructed by the company will be the largest independent industrial premise ever built in the Czech Republic after the year 1989. The park is located close to the Václav Havel Airport at the speed road R6.

Source: www.cianews.cz

 
 
 
 

We Ensure your business gets seen - Use the power of video advertising! 

With a total of over 500,000-page visits per month and over 160,000 followers on social media channels, Amadeus Media Group is the leading international media service in Prague, Czech Republic. If you are interested to take the next step with your company and you are ready for new clients, visit www.amadeusmedia.cz or download amadeusmedia.cz/MediaKit

Exchange rates