GARBE announces full occupancy in CEE

Business Forum
GARBE has been on the markets in Central and Eastern Europe for 4 years. Now the company has announced the full occupancy of all its industrial parks in the region. 

The recently vacated space of 10,000 sqm in GARBE Park Senec, a property managed for the real estate investment and asset manager Union Investment, was occupied by logistics company Würth International Trading s.r.o. GARBE PARK Senec near Bratislava is a hot spot due to its location and strong demand, comparable to the demand for logistics parks in the Rudná and Horní Počernice areas near Prague.

"Our industrial parks represent investments with high growth potential. We have developed several sites in Central and Eastern Europe with a focus on sustainable requirements, cutting-edge technical equipment, and very good accessibility. Although we took over the premises in Senec as an existing property, it made strategic sense. Their attractiveness is confirmed by the quick leasing of the recently vacated space by Würth," says Martin Stratov, Country Head for the Czech Republic and Slovakia at GARBE.

"Four years ago, we first expanded into the Czech and Slovak markets, then into Poland, and recently into Romania. All our developed or under-construction sites are now fully occupied. These include primarily manufacturing or logistics companies, for which we have been able to build tailor-made spaces that meet their needs. In a short time, we have also managed to lease buildings that we developed speculatively," adds Martin.

GARBE is currently operating industrial parks in České Budějovice and Klášterec nad Ohří in the Czech Republic. In Slovakia, it owns industrial premises in Senec, and in Poland, newly developed parks in Wrocław and Poznan. In Romania, GARBE focuses on the development of other promising industrial projects. 

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Business Forum  |  4 December, 2024 at 11:49 AM
Business Forum  |  4 December, 2024 at 11:43 AM