Progresus Group and developer Garbe have announced the full occupancy of a new industrial centre near Chomutov. The last vacant capacity in the half‑billion project has been acquired by existing tenant ISOLITE

"There were several people interested in the remaining free capacity in Garbe Progresus Park Klášterec I and their aggregate demand significantly exceeded the supply. It was clear from the beginning that we could not reach everyone. Thanks to our mutual satisfaction, we finally decided to give priority to ISOLITE Group and extend our cooperation with them on the basis of a long-term lease agreement," says Lukáš Zrůst, co-owner of Progresus Group, which was the main investor in the project with international BREEAM Very Good sustainability certification.

ISOLITE began using the 520 million CZK state-of-the-art industrial and logistics centre last November, when it moved production from Ludwigshafen, Germany, to more than 13,000 square metres. The company will now use the remaining 5,000 square metres to relocate its Dutch robotics production, which supplies components for the Mercedes-Benz Group, for example. The hall will be used for the automated assembly of turbochargers and intake manifolds for hybrid passenger cars and commercial vehicles. The new production facility brings with it an additional 110 manufacturing jobs, 10 administrative positions, as well as reference processes for research and development in automated assembly and laser welding.

In addition, the long-term perspective that ISOLITE creates has a high added value for the locality. The lease agreement for the entire industrial centre, in which Cushman & Wakefield, among others, participated, covers a period of 10 years with an option for another decade. "We are glad that the industrial zone is being fully used and that the inhabitants of Klášterec and the entire Chomutov region can choose from stable and qualified jobs thanks to the arrival of large employers," said the mayor of Klášterec nad Ohří, Štěpán Drozd. 

In addition, the job offer in the locality could be expanded in the future. Progresus and Garbe want to continue to develop the Verne industrial zone between Chomutov and Klášterec nad Ohří near the R13 and the D7 motorway. In view of the persistent high demand for high-end and well-located industrial real estate in the Czech Republic, they are considering the possibilities of further development of the zone, including the option to continue the successful Garbe Progresus Park Klášterec project in the next stage. 

Martin Polák, GARBE Director for Eastern and Central Europe, adds: "The lease of the entire hall to the current tenant is certainly a logical step for both us and ISOLITE. In addition, this will establish a strong and successful manufacturing company in the Ústí nad Labem region, which will create additional jobs. The tenant, on the other hand, will appreciate that the hall meets high technical standards with BREEAM Very Good certification."

Progresus Group
Progresus is an investment group operating in the field of industrial and residential development. Its portfolio includes industrial halls and prepares urbanistically sophisticated residential districts, all with regard to economic and environmental sustainability. It is also dedicated to the development of its own timber construction plant with a 50-year history, RD Rýmařov, which is the largest supplier of timber buildings in the Czech Republic and has achieved cumulative sales of over CZK 33 billion during its existence. Within its technology hub, Mykilio develops new materials with the potential to reduce the carbon footprint of the construction industry.

GARBE Industrial Real Estate
GARBE Industrial Real Estate, based in Hamburg, is a major development group specialising in logistics and industrial real estate in Europe. It has been successfully operating on the market for more than 30 years and is a key partner for companies providing services within the transport, logistics and manufacturing industries. The company's logistics portfolio consists of more than 6.1 million m 2 in more than 210 development projects in 8 countries. GARBE Industrial Real Estate is a subsidiary of GARBE, a family-owned real estate company founded in 1965 by Mr. B. Garbe.

ISOLITE
For 41 years, ISOLITE has been developing tailor-made, technically sophisticated high temperature insulation and sealing systems for the world's leading industries. As a result, it is one of the world's most sought-after partners at home and abroad and, thanks to decades of expertise, offers customers a portfolio of thermal and acoustic insulation and sealing systems that is second to none. Continuous product improvements and intensive customer collaboration ensure ISOLITE's high product standards, offering the perfect systems for the most demanding needs in the 400°C to 1600°C temperature range.

Photos and a time-lapse video of the construction process can be downloaded here.

Media contact:
Progresus Group I Ivana Radejová I [email protected]
PR PA RT NE RS I Eva Kašparová I [email protected] I +420 608 678 581