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.”
UNIQ Staromestská, a new office building in Bratislava’s Old Town, has successfully undergone demanding environmental certification. Only five months after getting approval for construction works, the project by the developer Cresco Group received the LEED Gold certificate.
Prešov, as the last regional capital, has finally gotten a bigger shopping centre. The Eperia Shopping Mall opened on Friday, November 24. During the first weekend about 70,000 people visited, the Trendreality.sk website reported.
Residential development Sky Park in Bratislava, one of the last projects of now deceased prominent world architect Zaha Hadid, will be bigger than originally planned. It will now have four instead of three residential towers. The fourth tower will be built on the neighbouring plot bought by the developer earlier this year. The extension is now undergoing an environmental impact assessment.
Construction and expansion of shopping centres in Slovakia will continue. “Slovakia expects extensive construction and expansion of shopping centres in 2017 and 2018,” said Katarína Paule, head of the retail team at Cushman & Wakefield in Slovakia. “In 2017, there will be as much as 56,258 square meters in total to be completed, with 83 percent being new shopping centres, and 17 percent planned expansions of already existing projects.”
Arete Invest, a Czech investment fund focused on real estate, plans to invest around €30 million in Slovakia in 2018. It is considering new construction on industrial premises it already owns as well as new acquisitions. The company sees great potential in the Slovak market.
The new residential area of Slnečnice that is being built on the outskirts of Petržalka will get a new shopping centre, Slnečnice Market. There will be more than 30 shops, restaurants, cafés, a fresh produce market and others on 8,300 square metres. The first phase of the opening is planned for November 30 and the second for the following weeks. The centre will also offer 195 parking places for the public.
The new development that is rising on the premises of the former Bratislava Thread Factory, colloquially known as Cvernovka, is getting a new name – Zwirn. The new name symbolises a move forwards as well as connecting the whole zone with its history, claims the Slovak-Finnish developer YIT Slovakia. The factory has changed names several times over the years. It was called Pozsony Csernagyar, Pressburger Zwirnfabrik, Bratislavská Cvernová Továreň, Danubia, and Závody MDŽ 8. Marca.