Coca-Cola HBC Česko a Slovensko, a company within the Coca-Cola Hellenic group, has sold its production and distribution premises of 155,000 square metres, including all technologies, in Lúka near Piešťany to Priemyselný Areál Lúka. The deal followed the decision of Coca-Cola to move its production from Slovakia to Austria. Both parties agreed not to disclose the value of the transaction.
Priemyselný Areál Lúka is a joint venture of the company Slovenské Liehovary a Likérky [Slovak Distilleries and Liqueur Producers], producing spirits and vinegar and Waterholding, producing mineral water, syrups and non-alcoholic beverages.
“Development of our companies, entrance to foreign markets and related increase in production required new premises,” said Andrej Hronský, general director of Waterholding as cited in retailmagazin.sk. “The production-distribution complex in Lúka is an optimal place for further expansion of our production. Its suitable location close to the highway simultaneously gives it all preconditions for becoming a significant logistics centre that will bring us closer to the consumer.”
Coca-Cola HBC Česko a Slovensko announced the closure of its production facility in October 2015. The company remains operating in the Slovak market and sells its products here.
JLL Slovensko, a real estate consultancy company, represented Coca-Cola HBC Česko a Slovensko in this deal.
“It was important for our team to find a buyer, who would acknowledge the modern commercial real estate as well as the rich deposits of underground water which the plant has at disposal and which the project will fit into its strategic planning,” said Samuel Šporka, head of industrial real estate at JLL Slovensko, as cited in a press release.
Sub: Attractive sector
Modern industrial real estate amounting to approximately 1.93 million square metres in Slovakia has been the most active real estate sector during last two to three years.
“It continues to be very attractive,” said Šporka. “Out of seven investment transactions, which were carried out in Slovakia during the first half of 2017 and which amounted to €154 million, three accounted for the industrial sector.”
While Bratislava already accommodates almost 30 shopping centres, another one is on the horizon. Macho Consulting, a company that has been devoted especially to residential projects in the past, will build Matrix Mall in the more or less industrial zone of Bratislava in the borough of Nové Mesto. The shopping centre on the corner of Magnetova and Vajnorská streets, close to the Vozovňa Nové Mesto depot, will offer retail and office space.
Trnava-based tycoon Vladimír Poór has sold the recently opened City Arena shopping centre in Trnava to Peter Korbačka, the head of the board of directors of the developer J&T Real Estate. The latter already owns the Eurovea shopping centre in Bratislava. Neither the price nor other details of the transaction have been disclosed.
The emptied defective Apollo Business Centre 1 in Bratislava will be replaced by a brand-new construction. The developer HB Reavis estimates the launch of demolition work for the end of 2018. Construction work on the new business centre, the Nové (new) Apollo should start in late 2019 and be complete in 2021. Exact dates will depend on permission processes.
Bratislava is to get another revitalised public space. The developer Corwin is renewing a neglected park on Kmeťovo Square in the Old Town borough. Works on the park, which lies between Bernolákova and Wilsonova Streets, have already started and should be complete by the beginning of the summer.
The main industrial regions in Slovakia are reporting a lack of accommodation capacity for workers. These are in the vicinities of industrial and logistics parks mostly along highways connecting Bratislava with Košice (D1), leading from Bratislava to the Czech Republic (D2) and the dual carriageway from Trnava to Banská Bystrica (R1).
The developer, belonging to the Bencont Group has already started pulling down the buildings and cleaning the three-hectare area. “We believe that Rínok Rača, which we will begin to construct soon, will be the new centre of the borough and will naturally fit into the life of its citizens,” said Martin Šimurda, representative of the developer Rínok Rača, as cited in the press report.
The new indebting rules tightened by the National Bank of Slovakia (NBS) will primarily impact citizens of the Slovak capital, Bratislava. They will be able to buy on credit, from an average wage, maximally a one-room flat in a new building or a two-room flat in an older block of flats. Other regions will be significantly less affected by the new lending cap, Poštová Banka has found out.