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CTP Agrees with Makro Czech for 53,000 m2 at CTPark Prague North

27

03

2017

CTP to invest EUR 53 million into Custom-built, Sustainable High-Tech Distribution Centre

CTP signs lease agreement with Makro Czech for 53,000 m2 at CTPark Prague NorthPrague, 27th March 2017The leading developer on the Czech market, CTP Invest, has signed a lease agreement with MAKRO Cash & Carry ČR, for approx. 53,000 m2 of warehouse and office space at the strategically located CTPark Prague North, just on the D8 motorway. The transaction ranks among the biggest deals recently concluded on the Czech industrial market. Total investment by CTP is planned to reach approximately EUR 35 million.

The wholesale chain operator MAKRO, plans to open its new semi-automated distribution centre in Q 1 2018. The distribution centre will be used for supplying MAKRO stores and its delivery customers. MAKRO responds with this move on its customer’s needs and introduces a food service delivery solution matching the future standards. It will also significantly upgrade its overall logistic network to the highest level enabling the company flexibility needed for future growth. The custom-built state-of-the-art facility is based on CTP’s latest standard specifications designed for sustainability, such as LED lighting, smart-metering, and highly efficient insulation.

“The transaction has been CTP’s largest deal in Prague so far and we are extremely pleased to welcome MAKRO in the family of our tenants. We hope that MAKRO will be satisfied with the high level of long term service we bring. For example, CTP has agreed to set up shuttle busses to and from neighbouring cities (e.g. Praha – Letňany, Kladno, Roztoky, and Litoměřice)—as a supplement to the public transport system—helping to make this an employee friendly location,” says Remon Vos, CTP CEO. 

Mr. Guillaume Chêne, CEO MAKRO ČR / METRO SR, stated, “Our delivery business in the Czech Republic is significantly growing and we have decided to bring it to another level by a new, semi-automated distribution centre supplying both delivery customers and  our stores. We will use available modern technologies to streamline our distribution channels and introduce brand new services, helping us to serve our stores and delivery customers better. We also expect to reach a level of flexibility which helps us to address growing expectations of our customers.” 

The 22.4 ha CTPark Prague North provides over 80,000 m2 of built up property, within 30 minutes of Prague and Prague’s Vaclav Havel international Airport.

About CTP

CTP is a full-service commercial real estate developer and manager, specializing in the delivery and management of custom-built, high-tech business parks for leading international and domestic companies making strategic investments in new or expanded operations in Central Europe. CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central Europe, with over 3.85 million m² of A-Class properties in over 60 strategic locations.

About METRO GROUP 

Wholesale & Food Specialist CompanyThe METRO GROUP Wholesale & Food Specialist Company (W&FS Co.) is a leading international player in wholesale and foodservice distribution. With its sales lines METRO Cash & Carry and Real as well as its other associated companies, METRO GROUP W&FS Co. is present in 35 countries and employs more than 150,000 people around the world. In 2015/16, METRO GROUP W&FS Co. achieved sales of around €37 billion. It provides custom solutions to meet the regional and international needs of its wholesale and retail customers.METRO Cash & Carry is part of the METRO GROUP Wholesale & Food Specialist Company. METRO Cash & Carry is represented in 25 countries with over 750 self-service wholesale stores. In the Czech Republic it is operated under the brand MAKRO.