Pinnacle secures largest pre-let of 2009 in Bratislava with Mobelix letting
May 25th, 2009 – Pinnacle continues in development of its PointPark Bratislava by the third building in sequence, which will become the centralized warehouse for Möbelix. The company, specialized in furniture sale, is coming to Slovakia to establish a centralized distribution centre serving the Central European needs.
Pinnacle have recently started construction on a new 28,000 sq m warehouse and office space which Möbelix will be renting. This new storage area will serve Möbelix’s Central European customers primarily in Austria, the Czech Republic, Slovakia and Hungary. In spite of the economic crisis on the market, this is the largest built-to-suit transaction of 2009 up till now. Construction is scheduled to be completed for September 2009. Opening of the cross border centralized warehouse at PointPark Bratislava entails the creation of nearly 40 new jobs in the Lozorno area. The total investment will be approximately 15 million EUR.
Peter Bečár, Country Manager of Pinnacle in Slovakia, stated: "This project represents a significant continuation in the construction of the PointPark Bratislava, the total planned investment of which is worth 100 million EUR. This transaction indicates that even in the present economic conditions it is still possible to realize projects of high importance and serve our customers´ needs. This project not only strengthens Pinnacle ´s position in the market, but also shows that the location of the park and the high standard of services can bring us more clients just like Möbelix.“
Bernhard Mildner, of Mobelix, also commented on their arrival at PointPark Bratislava. “Lozorno was the best choice for our centralized warehouse because of its great location. You could even call Lozorno the epicentre of our target market for the near future.”
Pinnacle started building its first distribution centre on D2 Motorway in Slovakia in 2006. PointPark Bratislava is currently consisting of 2 buildings totalling 54,000 sq m, the tenants of which are Whirlpool, Brightpoint and the automotive supplier HBPO.
