Mountpark Logistics announced on Tuesday that it has acquired a 30 hectare site at Bernolakova, Bratislava, which has the potential to deliver up to 120,000 m2 of new logistics accommodation.
Financial details were not disclosed.
Known as Mountpark Bratislava, the site is next to a new junction on the D1 highway, offering easy access to Bratislava city centre, Bratislava International Airport and major production areas within Slovakia, as well as rapid connections to Austria, Hungary and the Czech Republic.
Mountpark plans to start construction work in 2020.
'There is growing demand for modern logistics facilities close to Bratislava,' said Mario Sander, managing director Central Europe, Mountpark. 'We aim to provide our customers with the best real estate opportunities on the market, so we are delighted to have acquired this prime logistics site. With access to a pool of skilled labour, Mountpark Bratislava can accommodate large footprint buildings at the heart of the city’s new highway network.'
Mountpark Logistics is a joint venture between USAA Realco-Europe Holdco, the Dutch subsidiary of USAA Real Estate and Mountpark Finco Sarl (Mountpark). The Venture has been established to develop logistics facilities across Europe, with particular focus on the UK and western and central European markets.