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Panalpina – prolonged a lease agreement in Bratislava - Rača
9 May, 2011, Bratislava
The Panalpina group is one of the world’s leading suppliers of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. The logistics service provider has prolonged a contract for a warehouse space in Raca with a total area of almost 1,700 sq m of warehouse and office space. The Slovak developer HB Reavis is the developer of the Logistics park Rača. Cushman & Wakefield, a real estate consultancy, was involved in the transaction.
“PANALPINA was looking for warehousing space in Bratislava, or in the vicinity of the D1 motorway. Since Panalpina is one of the top global logistics operators, warehouse space must fulfil certain requirements set by the company. Panalpina focused mainly on the location and specification of the warehouse and office space. Cushman & Wakefield opened a tendering procedure for developers, resulting in several developers and owners of warehousing facilities in the required locality signing up for the tendering procedure. Following consultations with the Cushman & Wakefield team, Panalpina selected HB Reavis with their logistics park in Bratislava-Rača as the winning developer. Panalpina was operating in this park last several years and decided to prolong the contract with the developer.” says Martin Baláž of Cushman & Wakefield, who was involved in the transaction.
Panalpina was looking for an A class warehouse space in Bratislava region fulfilling the location and quality requirements. HB Reavis offered us the most suitable warehouse and office space in their Logistics Park in Rača. With consultations provided by Cushman & Wakefield we decided to sign a lease contract for the warehouse space in Rača., says Jozef Harvanec, Country Head of Operations of Panalpina.
HB Reavis park in Rača offers vacant A class warehouse space immediately available and suitable for logistics, distribution or light manufacturing companies.
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