The Charnwood Company was established in 2001 with the focus on the acquisition and development of institutional real estate in the Czech Republic, and has been active mainly in the industrial-logistics sector.
Charnwood recently negotiated and coordinated a complex green-field assemblage of a 9 hectare prime flexi-storage and manufacturing site in Pilsen directly on the Exit 73 of the D5 highway. The original ownership structure of the site was divided among 30 private individual landowners. Charnwood received valid planning permit for construction of 45,000 sqm of commercial flexi-storage and manufacturing space. The site was sold to VGP in November 2011.
In 2008 Charnwood acquired two warehouse properties located in prime strategic locations in the cities of Prague and Brno. The two warehouses, totaling 45,000 sqm, were leased on a long term basis to the paper company OSPAP, which is owned by PaperlinX, based in Melbourne, Australia. The continued strategy is to enhance the overall value of both facilities through further investments.
Charnwood also completed a greenfield warehouse development known as D5 Logistics Park, located on the D5 highway 25 km west of Pilsen. Undertaking this project in partnership with the US industrial developer Panattoni (www.panattoni.com), Charnwood was responsible for the original sourcing and acquisition of the land and in getting master-planning for the construction of 60,000 sqm of Class A warehousing. The first building of 27,000 sqm was delivered in 2007, and the second phase of 33,000 sqm was completed in 2008.
The Charnwood Company has a successful past track record in the acquisition, refurbishment, and then reselling of Class B warehouse facilities in the Czech Republic. In partnership with the UK based opportunity investor Europa Fund (www.europacapitalpartners.com), Charnwood was responsible for the purchase of a 60,000 sqm Class-B warehouse facility in Prague which was later renamed Westpoint Distribution Park.
During this time Charnwood, with the Europa Fund, also successfully negotiated and coordinated a complex green-field assemblage of a 50 hectare prime industrial site near Prague on the D1 highway, with the original ownership structure of the site being divided among 50 private individual landowners. The site has since been sold to Merrill Lynch (Pinnacle) and received planning permit for the construction of an 180,000 sqm storage logistics Park, and which is now known as Southpoint Distribution Park.
David is responsible for the overall coordination of Charnwood's activities in the Czech Republic.
Previous to founding The Charnwood Company David was the project acquisitions team leader for developments in the Czech Republic for AIG/Lincoln. He was involved with all aspects of the development process including securing, stabilizing, and oversight for development of green-field sites for construction of warehouse logistics facilities and offices. David was involved in the successful development of the 40,000 sqm D1 Logistics Park West industrial warehouse/logistics project located on the D1 Highway, and which was eventually sold to Prologis.
Before relocating to the Czech Republic, David was employed as a real estate analyst with GE Capital Investment Advisors (GECIA), based in Boston, USA. David's main responsibility while at GE was to prepare and complete financial analysis for a U.S. nationwide real estate portfolio. The portfolio consisted of fifteen investments including land, office, residential, and industrial properties comprising of over six million square feet (558,000 sq m) valued at approximately $700 million.
Project developments are led and monitored by Jiří Sudolský, the technical director of The Charnwood Company. Jiří started his cooperation with The Charnwood Company by being responsible for supervision and coordination of the successful refurbishment and re-branding of the 60,000 sqm Westpoint Distribution Park warehouse facility in Prague.
Jiří is Chartered Civil Engineer specializing in the supervision, coordination of, and realization of large commercial development projects, he draws on more than 20 years experience in Czech civil engineering industry.
After finishing his studies at Czech Technical University (CVUT), Faculty of Civil Engineering, Jiří worked for more than 15 years with two well-known Czech engineering companies. Firstly, HOCHTIEF-VSB company and then in company Podzimek a synové having been in executive management roles at both firms. As a trade-technical deputy he was responsible for securing and preparing orders which on average, totaled about 500 million CZK (17 million EUR) per year.
In that time Jiří participated in realization of construction orders of almost all types of projects - from industrial and water management constructions, to transport, administrative and residential, including the reconstruction of cultural relics. The more important projects he took part in are include the nuclear power plant in Temelín, a central oil tank station in Nelahozeves, enlargement of liquid gases warehouse and combustion gas cleaning station for Kaučuk Kralupy, a waste water plant and sewage system in Kraslice and Sokolov, a large manufacturing facility in Bramac Protivín, reconstruction of Regional Authority building in Jihlava, rebuilding "U Hybernů" house into a musical theatre, Logistics park Toptrans in Jihlava, Business center Patrol in Jihlava, and construction of 110 dwelling/accommodation units in Jihlava.