MODESTA REAL ESTATE ADVISES EMIL FREY ON THE LETTING OF 12.000 SQM WAREHOUSE SPACE IN P3 BRATISLAVA PARK
The Swiss company Emil Frey has leased 12,000 sqm warehouse space in P3 Bratislava Park in Lozorno. Emil Frey is an international automotive service provider which provides import services to car manufacturers such as Peugot, Citroën and DS. The company will use the building to store approximately 30,000 spare parts for distribution throughout Europe. Emil Frey is another company operating in the automotive sector that has chosen P3 Bratislava Park. “Our success in the demanding automotive sector demonstrates that our buildings meet the highest standards”, says Peter Bahnik, Head of Leasing for Slovakia at the developer PointPark Properties (P3).
The deal was negotiated by Modesta Real Estate. “We had a tight deadline as many of the supply contracts were already in place”, stresses Ing. Peter Miščík, Partner at Modesta Real Estate in Slovakia and responsible leasing agent. The space at P3 Bratislava Park fulfilled all the criteria. Marián Kristek, Project Manager of the logistics centre at Emil Frey – EF Parts & Logistic Service, adds: “We are glad that we have been able to successfully conclude the lease. Negotiations with P3 representatives as well as the consulting services of Modesta Real Estate were very professional and focused on delivering the right result.” Emil Frey will officially launch its new warehouse in autumn 2017.