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Colliers stood behind the newly opened Tchibo distribution centre

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Tchibo just opened its newly expanded distribution center with a total industrial area of 102,200 sqm, which is now the largest industrial building in the Czech Republic completed this year.

 

PRAGUE, NOVEMBER 5, 2021 –  Colliers Czech Republic, leading global commercial real estate services and investment management firm, secured the expansion of the Tchibo distribution center in the Panattoni Park Cheb industrial zone, which was agreed upon by the developer Panattoni and Tchibo in the first quarter of 2021. The warehouse thus ranked second behind the Amazon distribution center at Panattoni Park Prague Airport near Dobroviz in Central Bohemia. The modern hall is financed and the Cheb industrial zone is owned by the investor Accolade. The Tchibo warehouse was officially opened on November 4th, 2021.

Harry Bannatyne, Partner and Head of the Industrial department of Colliers Czech Republic, said: “Colliers are very proud to have worked with both Tchibo and Panattoni in enabling the industrial park and location of Cheb going from strength to strength with Tchibo expanding regularly and successfully managing their increasing business from this great location. With its 102,000 sqm, this industrial park again highlighted the benefits of the positioning of the Czech Republic, the micro location of Cheb and the quality of the buildings and service provided by Panattoni.

 

As Colliers, we really appreciate the long-term trust from Tchibo, as well as our great working relationship with Panattoni. At the same time, this is the biggest agent-led transaction in 2021, and also Colliers’ biggest industrial leasing deal to date. We look forward to more strong deals like this throughout 2021 and beyond, and hopefully further cooperation with both Tchibo and Panattoni.”

 

The Tchibo distribution center is used for storing, picking and sending goods to end consumers in seven European countries. After the expansion of the hall, Tchibo will be able to handle more than 50,000 pallet places, which will ensure the company's sufficient capacity even during peak hours before the Christmas holidays. The expansion of the hall aspires to the "Excellent" rating within the prestigious BREEAM New Construction environmental certification according to the latest standards.


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Silvie Maresova

Senior Associate | Industrial Agency

Prague

Silvie joined Colliers in March 2016 as an Asocciate. She has previously worked at Cushman&Wakefield as a Consultant in their Office Agency.  Silvie has over 6 years of experience in the Czech real estate market (retail and office agency). Her main responsibilities are client representation at industrial space acquisitions, provision of property overviews, financial analysis and assistance with contract conditions negotiations with developers.

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