LOGISTICS MARKET SLOVAKIA – A TOUR THROUGH THE “STORAGE LAND” (IMMO FOKUS SUMMER 2017)
The market for logistics properties in Slovakia is booming – especially in the Greater Bratislava Area and along the strategically located highways D1 and D2. In their latest summer edition, Immo Fokus and Sebastian Scheufele, SIOR and Managing Partner at Modesta Real Estate, embark on a journey to two strategically important logistics hot spots in the country.
The first stop takes them to Slovakia’s largest logistics park located in Senec, where they are joined by Martin Polak SVP, Regional Head CEE of Prologis. The Prologis Park Bratislava currently has 13 modern halls and more than 322,000 sqm of production and distribution space. Building activity is substantially increasing in Senec and more than 66,000 sqm of additional modern logistics space is being developed. But Senec is not the only one, Sered is also consistently expanding. Due to the increasing customer demand, Mountpark is in the final phase of acquiring an approximately 22 HA adjoining site of Mountpark Sered in order to develop another 88,000 sqm of logistics space.
Slovakia as an industrial and logistics location has been in great demand for years now. This is not only because of its ideal traffic connection, but also the strategically important location in the heart of the CEE region as well as the comparatively low land prices and personnel costs.
You can find the entire article about the Slovakian logistics market HERE.