On November 5, 2021, Colliers Czech Republic announced it had secured the expansion of the Tchibo distribution center in the Panattoni Park Cheb industrial zone, agreed upon by the developer Panattoni and Tchibo in the first quarter of 2021.
According to Colliers, the warehouse thus ranked second behind the Amazon distribution center at Panattoni Park Prague Airport near Dobroviz in Central Bohemia. The hall is financed and the Cheb industrial zone is owned by the investor Accolade. The Tchibo warehouse was officially opened on November 4, 2021.
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,” a Colliers press release states.
“Colliers is 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,” commented Colliers Czech Republic Partner and Head of the Industrial department Harry Bannatyne. “With its 102,000 square meters, 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.”