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Articles - retail warehouses

Kia Slovakia has surpassed the milestone of 4 million vehicles produced

The Kia production plant in Slovakia marked a significant production milestone in its history with the production of a four millionth vehicle, which on 24th May became the Kia Sportage model. Kia Slovakia started mass production of vehicles in 2006 and is helping to expand the Kia brand in Europe. The first vehicles in this plant were from the Ceed model line, which is manufactured to date and is constantly designed and produced in Europe, especially for European customers. Ceed models were introduced along with a unique seven-year warranty, which made them among the popular models.

A Lexus showroom will be built in Košice. It will be only the third in Slovakia

The new car show in Košice will offer Lexus and Toyota customers. The investor of the project for approximately 3.3 mil. eur is the company Auto Valas. The general contractor of the new showroom is the construction company HSF System SK. The design office Inspire Design is behind the design.

The volume of investments in Central and Eastern Europe at the end of 2021 will probably reach a similar level as in 2020

The economies of Central and Eastern Europe are expected to accelerate during 2021 and 2022, at an average rate of around 4.3% per year.

For the first time, the industrial real estate market exceeded the limit of three mil m2

The industrial and logistics real estate market have more than tripled. According to a press release from JLL. "In the first quarter of this year, the Slovak real estate market exceeded the limit of three mil. m2 of existing industrial and logistics space, which means that it has more than tripled in the last decade,” the company said, adding that for the logistics and industrial real estate segment it was 2020, despite a year-on-year decline of 40 percent in the first three quarters, stronger in terms of volume than 2019. "Even the pandemic did not weaken this sector and managed to maintain its long-term dominant position on the Slovak real estate market," the company adds.

The future of demand for logistics real estate

The global pandemic has forever changed the logistics real estate market: supply chain decision-making is more holistic, data-driven and faster than before. This change was triggered by factors such as urbanization, digitization and demography, which have also changed the way we live, work and shop. Demographic, economic and technological megatrends will continue to shape the future of planning in the retail and supply chain. Long-term structural growth in demand for logistics real estate will also increase, at least over the next decade. In the next research report, Prologis Research will continue to examine supply chain and inventory developments in the context of future structural changes.

The transaction of the quarter was the extension of the lease in Redside Park in Trenčín

The year 2021 began in Slovakia in the first quarter with the signing of lease agreements for 88.5 thousand. square meters (m2). New lease contracts amounted to 50 thousand. m2 and the remaining 38.5-thous. m2 were renewals of existing leases.

Logistics and warehousing Jungheinrich has built automatic warehouses for Continental Automotive Systems Slovakia

Continental Automotive Systems Slovakia in Zvolen focuses on the production of high-performance brake calipers and electronic parking brakes for global automotive manufacturers. In the interest of further dynamic growth, the company turned to Jungheinrich with a request to design and implement a warehouse space with the highest possible density of stored units.

FM Logistic started cooperating with Heineken in March this year

Heineken Slovakia is located in the town of Hurbanovo in the Danubian Lowland. Hurbanovo is the warmest place in former Czechoslovakia with a harvest of high-quality barley and at the same time sources of very high-quality water. The Hurbanovský brewery was even the first beer producer in the former Eastern countries to bottling beer.
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