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News Release

Prague

Karlovarská Business Park is fully leased


​Prague, 11 November 2013 – The Industrial Agency of Jones Lang LaSalle in Prague has recently completed two new lease transactions in Karlovarská Business Park, successfully leasing all of the remaining space, meaning a fully leased park.


Fresenius Medical Care, distributor of pharmaceutical products and medical equipment, has extended its lease of 1,700 sqm of industrial and office space. Fresenius Medical Care has been using Karlovarská BP since 2009.


A new logistics project in the automotive industry sector is being built in Karlovarská BP by Panalpina, one of the leading providers of supply chain solutions. The company has expanded its current lease of industrial space by 1,500 sqm.


„Karlovarská Business Park is one of the few logistics parks in this area to offer first-class production and warehouse space in smaller units of 1,000 to 1,500 sqm. Moreover, Karlovarská benefits from its location on the crossings of the Prague ring-road and the highway to Karlovy Vary,” comments Milan Korbelář, Associate Director at Industrial Agency at Jones Lang LaSalle, and continues: “However, in this case, we have built further on the long-term good relationships and satisfaction in their current premises with the existing tenants and prolonged and extended their leases”.


About Karlovarská Business Park
Karlovarská Business Park is strategically situated on the west edge of Prague, directly at the intersection of the Prague ring-road and the newly built highway R6 to Karlovy Vary. Karlovarská Business Park offers a total of 22,000 sqm of warehouse, production and office space in predominantly smaller units from 1,000 sqm. It is owned by Aviva Investors.