IKEA extended their lease contract at SEGRO Logistics Park Prague in the vicinity of the Václav Havel Airport. It will continue leasing the warehouse space totalling almost 12,500 sqm in the building it uses as a goods pick-up warehouse for its customers. The lease transaction was assisted by Cushman & Wakefield. Vít Zdráhal, Head of Landlord and Tenant Representation in the Industrial team, Cushman & Wakefield, commented: “Vacancy on the industrial property market now reaches one of its historic lows in the greater Prague area where there is an utter lack of premises to lease. SEGRO Logistics Park Prague is an ideal place within the broader Prague district, with great accessibility thanks to the nearby R6 highway exit.” Michal Štěrba, Fulfilment Unit Operations Manager for IKEA in the Czech Republic, Hungary and Slovakia, added: “We have decided to prolong the agreement for three years, so there is a positive message towards our customers because they continue in picking their orders…