REICO buys its first industrial property in Slovakia

21
Mar
2018
News - REICO buys its first industrial property in Slovakia #Czech Republic #industrial #investment #JLL #logistics #REICO #Slovakia

by Import Sys | Investment

REICO investiční společnost České spořitelny, a.s. has acquired, on behalf of the ČS nemovitostní fond, their first prime industrial asset in Slovakia from developer and investor Invest4SEE Investment Holding GmbH. JLL advised REICO IS ČS on their first industrial acquisition in Slovakia with a transaction value of €38.9 million.


Dubnica Industrial Park comprises 89,400 of Class-A logistic, technical and office space of which 97% is fully leased. The tenant base consists of companies such as the German corporation Continental (a leading global tyre producer and supplier of technology solutions for the automotive industry), Swiss transportation and logistics company Kuehne+Nagel, the Dutch brewery group Heineken and food chain Lidl. Located in Western Slovakia between the cities of Nová Dubnica and Dubnica nad Váhom (only 1 km away from the D1 highway), the park is conveniently accessible from all important transport links/directions.
 
Peter Nitschneider, Country Manager and Head of Advisory, JLL Slovakia: „During the last 24 months the industrial sector has taken the lead in the Slovak investment market. Almost 45% of the volume transacted was allocated into logistic and production properties. This transaction confirms, that good quality product with strong covenant located in growing and establisthed logistic location is currently highly demanded and liquid.“



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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