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Coca-Cola has sold its production premises near Piešťany
1 week ago,

Coca-Cola has sold its production premises near Piešťany

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.”

 


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