ProLogis (NYSE: PLD), the world's largest owner, manager and developer of distribution facilities, has announced it has leased 19,600 m² of warehouse space in Slovakia to NAY Elektrodom, one of the leading electronics distributors and wholesalers in the country.
NAY Elektrodom will occupy a new facility under construction at ProLogis Park Bratislava, a major distribution park being developed 24 kilometers northeast of Bratislava. The company plans to use the facility as a regional distribution center, serving its 22 superstores in 20 cities throughout Slovakia.
"The economy in Slovakia is rapidly on the rise, resulting in steady demand for modern warehouse space," said Michael de Jong-Douglas, managing director for ProLogis in central and eastern Europe. "ProLogis Park Bratislava is strategically located near the capital and the Austria-Hungary border, providing for convenient local and cross-border distribution. We are seeing strong activity at all of our parks in Slovakia, and anticipate interest from the region's suppliers, retailers and third-party logistics providers will continue to expand as trade, job and consumer spending increases."
"Since its founding 17 years ago, NAY has established itself as a well-known brand, recognized as having the largest network of retail electronics stores in Slovakia," said Peter Z