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Colliers successfully negotiated a major deal to build a new production facility near Pilsen for 700 workers in the automotive industry

1536x1040 Panattoni

As part of the agreement, the project’s carbon footprint will be calculated from the start of construction which proves the commitment of the business to care about environmental principles

Property developer Panattoni will build the new 36,400 m2 space on a bespoke basis for Shape Corporation, an American company which plans to move its operations from its current premises in Borská Pole and expand production of deformation zones. Operations are scheduled to start in the first half of 2023, and up to 700 employees will work in Nýřany when production is at full capacity.

The Panattoni Park Pilsen West II site is located in Nýřany at a brownfield site of former coal mines. The new, modern hall will meet the strict requirements of the BREEAM environmental certification, and its carbon footprint will be calculated from the start of construction. This will allow the investor to minimise impacts on climate change.

Colliers International brokered the building agreement. "The transaction was one of the largest on the Czech market during the first half of this year. Shape will become the first tenant in the newly developed industrial park, Panattoni Park Pilsen West II. This was a very technically demanding project due to Shape's specific requirements. Both parties worked on it for more than a year. It was important to resolve thoroughly all the details for the production space," says Lucie Strýčková, an Associate from Colliers' Industrial Leasing Department.

"We are very pleased that Shape, which has been a good and stable employer in the Pilsen region for years, will be the first tenant at Panattoni Park Pilsen West II. The automotive industry is undergoing a revolution, but some disciplines will remain relevant even after the internal combustion engine disappears. Passenger safety is undoubtedly one of them. I firmly believe that the new hall will offer ideal premises for production and further growth for the entire company," says Pavel Sovička, Panattoni's General Manager for the Czech Republic and Slovakia.


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Mark Richardson

Director, Head of Industrial and Investment Services

Prague

Mark has over 22 years’ experience in the real estate industry and in the capacity of senior partner and head of investment services, is responsible for supervision, management and business growth of the Capital markets and Industrial Agency teams in the Czech Republic. His range of responsibilities includes strategic real estate advisory, origination, structuring and execution of property sale and acquisition transactions, overseeing commercial due diligence and underwriting, participation in commercial negotiations of lease and sale & purchase contracts and transaction management.

Mark was previously head of acquisitions at Prime Kapital, an integrated real estate developer, investor and operator in CEE backed by MAS Real Estate, a South African REIT. Prior to joining Prime Kapital, he was he was a Director at Pradera, a specialist retail Investment Manager where he established the Company’s offices and retail asset management platforms in both Poland and the Czech Republic. During his time at Pradera, Mark led the acquisition and due diligence process together with the asset management of 9 shopping centres totalling 148,000 sqm across CEE for and on behalf of the Pradera Central & Eastern Fund (PCEF). Before joining Pradera, Mark was Head of Capital Markets for Cushman and Wakefield in Prague, the Czech Republic where he led the acquisition and sale of over €2 billion of assets.

 

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