Prague, December 15, 2014 – P3, the specialist owner, developer and manager of European logistics properties, has moved itsPrague headquarters to the Czech capital’s largest office building. The relocation became necessary to accommodate the expansion in P3’s team, notably in client support, after doubling the size of its pan-European platform of warehouses in just a year.
P3 is renting 810 m2 of space in the Florentinum office building on Na Florenci Street in central Prague. This compares with 475 m2 at the company’s previous premises, a few hundred metres away.
Tomáš Míček, Country Head for P3 in the Czech Republic said: “We’ve increased our team inPrague by 16 people and we will be recruiting more in 2015 to maintain a high level of client servicing as P3 continues on its dynamic growth trajectory.”
Within the CzechRepublic, P3 finalized the €523 million acquisition of a portfolio of warehouses in October to become the second largest provider of logistics facilities in the market. The company increased the number of Czech logistics parks it operates to 13 from two, with 874,000 m2 of lettable space versus 247,000 m2 previously
The Florentinum office building was completed towards the end of 2013 at a cost of €200 million and offers the largest office area under one roof in the Czech real estate market, with 49,000 m2 gross spread over nine floors. The project obtained a LEED Platinum sustainability certification for its energy saving technology and high quality of building materials.
The building has excellent accessibility as it is close to the Náměstí Republiky Station onPrague’s metro line B as well as Florenc Station for lines B and C. Tram and bus stations are also nearby, as is the Masaryk rail station. There is also a direct link toPrague’s international airport by express bus. Travel to P3’s new offices by car is straightforward via the main highway into the city and underground parking is available in the building.
P3’s new address: Na Florenci 2116/15, 110 00 Praha. All telephone numbers remain unchanged.