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Panattoni Kicks Off 52,000 sqm Project for Mattel in Czech Republic

Published:

03.17.2026

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Most, March 17, 2026 - Mattel, a leading global toy and family entertainment company, will become a new tenant at Panattoni Business Park Most Joseph. The modern warehouse will have a total area of 52,000 square meters. The first column of the supporting structure for the new industrial hall was erected in March 2026, and Mattel is expected to start operating from the completed premises in February 2027.

Founded in 1945 and headquartered in El Segundo, California, Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world including iconic brands such Barbie®, Hot Wheels®, Fisher-Price®, UNO®, Masters of the Universe® and many more. Mattel’s offerings include toys, content, consumer products, digital and live experiences and today it sells products in more than 150 countries with a large footprint across EMEA.

“We are pleased to partner with Panattoni and RSJ on this new modern warehouse. The new facility will support Mattel’s efforts toward continued growth in the region and strengthening our supply chain capabilities across Europe” said Sanjay Luthra EVP, Managing Director, ​EMEA & Global DTC, Mattel.  “The project’s modern design, scale, and strategic location in the Czech Republic align well with our long-term operational needs and the value we place on building efficient, future-ready infrastructure.”

Rough earthworks began at the end of November 2025. The first column of the supporting structure for the new industrial hall was erected in March 2026. Mattel is expected to start using the completed premises in February 2027. The warehouse, covering over 5 hectares, is designed according to the Build-to-Suit model, tailored to the tenant’s specific requirements. It is one of the last available areas in the first phase of the strategic Joseph industrial zone. The project is targeting a BREEAM New Construction rating of Excellent. Planned sustainability measures include rooftop photovoltaics, rainwater harvesting, the reuse of non-potable water in the fire-protection system, and EV charging infrastructure.

“We are extremely proud to be partnering with a prestigious global company like Mattel. This project clearly demonstrates Panattoni’s innovative and sustainable approach to development, which attracts the world’s leading brands. The Most region has enormous potential for further growth, and our current project will help create new jobs and support the area’s economic development,” said Matěj Hejma, Regional Development Director, Panattoni.

Panattoni Business Park Most Joseph is situated in the strategic Joseph industrial zone near the municipality of Havraň, with excellent transport connectivity. The site has direct links to the I/27 road and the D7 motorway, as well as rail connections. Its position ensures convenient reach into Germany and Poland. Reliable public transport secures easy access to the city center and supports the park’s operations.

The 190-hectare Joseph Industrial Zone, owned by the City of Most, was established in 2002 as an instrument to attract foreign investment and support the region’s structural transformation following the decline of coal mining. In 2004, the zone received accreditation from CzechInvest and became a showcase of state-supported industrial zones with comprehensive infrastructure. The uniqueness of the entire location is enhanced by its proximity to the Triangle strategic industrial zone in the Ústí nad Labem Region.

“We actively encourage investment in the Joseph Strategic Industrial Zone, so we are pleased that the new tenant is a prestigious global company such as Mattel. We anticipate that this will lead to further development and job creation in the Ústí nad Labem Region,” said Marek Hrvol, Mayor of Most.

The construction of a warehouse for Mattel represents a significant milestone in the development of Panattoni Business Park Most Joseph and reaffirms the attractiveness of this strategic industrial zone to international investors. At the same time, the project will create new job opportunities in a region that has long recorded one of the highest unemployment rates in the Czech Republic.

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