The former Prologis Park Ziar in Žiar nad Hronom, located in Slovakia’s Banská Bystrica region, has been acquired by Tatra Asset Management. CBRE Slovakia and Ružička and Partners s. r. o. represented Prologis in the transaction.
The 20,000 sqm complex is situated off the R1 motorway about 40 km southwest of Banská Bystrica and 170 km northeast of Bratislava.
“This transaction streamlines our portfolio with our long-term investment strategy and recycles capital for further development and investment in our core markets, in line with our business objectives to provide customers with the best opportunities to optimize their supply chains. Our operations in Slovakia will now be focused on our core locations around the capital city and largest market of Bratislava,” Martin Baláž, VP, Country Manager Czech Republic & Slovakia at Prologis announced on LinkedIn.
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