Trammell Crow Company (TCC), a global commercial real estate developer and investor and wholly-owned subsidiary of CBRE, has appointed Petr Kovařík as Country Head of Logistics for the Czech Republic and Slovakia. Petr will be responsible for driving growth across the Czech Republic and strategy development, as well as the sourcing, acquisition, and financing of large-scale logistics projects in the region. Petr will be based in Prague.
Petr joins TCC with over 15 years’ experience in the industrial and logistics property market in the Czech Republic. He moves to TCC from VGP, a pan-European developer, manager and owner of logistics and semi-industrial real estate, where he was Commercial Officer and oversaw several successful acquisitions and development projects, such as MD Logistika, a 40,000 sq m warehouse space in Prague Horní Počernice, and HELLA Autotechnik Nova, a 35,000 sq m production and warehouse space in Olomouc. Prior to this, Petr was a broker at DTZ, the pan-European real estate manager and investor, where he brought to market and let industrial space for several industrial developers, such as ProLogis, Heitman and PointPark Properties.
Petr’s long-standing knowledge of the industrial sector will be instrumental as TCC continues to expand its European outreach through the Czech Republic.
Ian Worboys, Managing Director, Head of European Logistics at Trammell Crow Company (TCC), said: “Since inception less than a year ago and following on our successful launch of offices in five other European countries, our approach has been to hire best-in-class talent to lead our European operations and Petr’s appointment reflects exactly that. There remains strong demand for high-quality European logistics properties and Petr’s contacts, expertise and in-depth knowledge of the Czech industrial market will enable us to help meet this demand by developing the highest quality properties in the most sought-after locations.”
About Trammell Crow Company
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of March 31, 2023, TCC had $17.3 billion of projects in process and $13.1 billion in its pipeline. It employs 700 professionals in 27 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential. For more information visit www.TrammellCrow.com.
