Czech Reico investiční acquires Industrial Park Dubnica stage II, in Slovakia

Industrial

Photo by Shutterstock.com

REICO investiční společnost České spořitelny a.s. has acquired the industrial park Dubnica II in Slovakia from Invest4SEE Investment Holding GmbH, ASB Group, the adviser on the deal, said.

Coat of arms of the city of Dubnica nad Vahom, Slovakia. Photo by Shutterstock.com

The 16,600 sqm warehouse center is fully leased by grocery retailer Lidl and automotive suppliers AAF and Leoni. Park Dubnica, situated in western Slovakia (143 km northeast of Bratislava), is a new logistics center built in 2018; its first stage has a total of almost 107,000 sqm.

Reico investiční acquired the earlier phase, Dubnica I, in March 2018 on behalf of the ČS nemovitostní fond, its first prime industrial asset in Slovakia.

The tenant base consists of companies such as the German corporation Continental, Swiss transportation and logistics company Kuehne+Nagel, and the Dutch brewery group Heinekel.

Invest4SEE is currently preparing to build another stage, which is to comprise 10,000 sqm and an R&D center, ASB said on December 6.

Hungary Gasoline Prices 3% Over Regional Avg Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

Cordia’s Marina City Project Begins Residential

Cordia’s Marina City Project Begins

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1... Awards

Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.