The largest transaction on the Czech industrial market of this year
The largest Chinese retailer Alibaba is moving to new warehouse in VGP Park Jeneč, Prague. The new distribution center will be built on an area of 68,600 square meters.
108 AGENCY, the Real Estate consulting company, mediated lease for 4PX Express in a new-built distribution center located in the logistics park VGP Park Jeneč, Prague-West. This deal is said to be the largest transaction in recent months. 4PX Express provides logistics services to Alibaba, the largest Chinese internet retailer. The 4PX, contracting partner of Alibaba, is going to store goods in the new distribution center mainly for the German market.