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Increasing Demand for New Facility at Prologis Park Bratislava
The new leases include:
· 11,900 square metreswith DSV, the leading supplier of transport and logistics services operating in more than 70 countries worldwide. Cushman & Wakefield real estate agency brokered the transaction;
· 4,800 square metreswith SHT Technopoint, a wholesaler of sanitary equipment, a subsidiary of SHT Gruppe, the market leader in Austria. The transaction was facilitated by Modesta real estate agency.
Prologis began construction in Slovakia last year, given strong market demand for modern, strategically-located logistics facilities and the lack of available space in the company’s Slovakian portfolio. The company plans to extend Prologis Park Bratislava by 47,000 square metres and the first phase, covering 24,500 square metres, was completed in the third quarter of 2012.
Martin Polák, vice president and market officer, Czech Republic and Slovakia, Prologis, said:“By analysing market trends and customer demand, we were able to make a sound case for speculative development in Slovakia. We are pleased to see that this decision was justified given that 70 percent of the facility is leased and we are committed to further leveraging market demand to drive growth.”
Prologis Park Bratislava is strategically-located alongside the first exit of the D1 motorway, 24 km east of Bratislava city centre and 2 km from Senec. It currently consists of seven distribution facilities totalling more than 208,000 square metres.
Existing customers at the park include: Carcoustics, ÄŒerva Slovensko, ÄŒSAD Invest Logistics, DHL Logistics Slovakia, dm drogerie markt, Lagermax Slovakia, Movianto Slovensko, NAY, Spandex, Tesco International Clothing Brand, Textile House for EURO TRADE, Tinaco, and Raben Logistics.
Prologis is the leading provider of industrial space in Slovakia with three distribution parks totalling 430,000 square metres, located in Bratislava (Senec), Galanta (Gan) and Nove Mesto (as of Dec. 31, 2012).
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