New constructions close to Trnava

Date: 10.04.2007
Source: http://hn.hnonline.sk/c1-20853230-pri-trnave-sa-bude-stavat
Author: Norbert Vrabec

Another industrial and logistics zone will grow next to the PSA Peugeot Citroën site. It is being developed on an area of 60 hectares by the HB Reavis Group. The investment plan of 4 billion Slovak Crowns includes construction of facilities mainly for light production and logistics to be rented out by the developer.

The project is soon to be granted with the necessary land use permit. According to Miroslav Sedlak, the marketing manager at HB Reavis Group, their potential clients have voiced interest in about a half of the planned acreage already in this phase of the project.

The logistics center in Trnava is the fourth industrial project of the developer from Bratislava. The company entered this segment was the Raca project, and this year the group will complete the industrial site in Svaty Jur close to Bratislava. Since 2005, HB Reavis Group is the developer of the Eurovalley park in Zahorie.

Premiere by J&T

HB Reavis Group will not be the only developer of an industrial and logistics park in the immediate vicinity of the Trnava car plant. The first investor to focus on this sort of business around Trnava was the financial group J&T, who together with the Belgian Immo Industry Group started to build a park for key suppliers of the car plant already two years ago.

The park is divided into several zones and apart from logistics companies, it provides space also for the so-called just-in-time suppliers and service providers. The consortium invested about 4 billion crowns on an area of 550 thousand square meters.

Last February this real estate project was sold to AXA Real Estate Investment Managers that specializes in investments into industrial real estates in Europe. Its parent company AXA IM GROUP administers assets of more than EUR 30 billion.

Industry as well as shops

Development activities around the PSA Trnava plant are planned also by the TOP Development company from Bratislava, who owns a land of 282 thousand square meters just across the fence of the car plant, and plans to build there an industrial, commercial and logistics zone for about SKK 3,2 billion.

According to Ivo Safranko, the project manager, the site will be divided into four basic sectors with a varied range of activities. The first two of them should house investors who focus on assembly of components for cars and electronics. The remaining sectors will be occupied by various administrative and logistics facilities.

TOP Development also owns another land in this locality, with plans to build a giant commercial zone there. For most of the 220,000 square meters area, the company already has investors, who will run various commercial, administrative and leisure time facilities. The compound also includes a hotel and a sporting and recreation zone.