Modesta Real Estate successfully assists Garbe Industrial Real Estate in the purchase of a new development site in Piešťany for logistics use.
The Garbe Green Park Piešťany, planned for 2022, will be developed on a site of approximately 70,000 sqm and will offer a total of 26,000 sqm of state-of-the-art warehouse and logistics space, divided into two halls. The park is being developed according to the highest European sustainability standards. Through photovoltaic technology as well as the use of its own water source, CO2 emissions can be reduced to a minimum. Thanks to the direct connection to the D1 motorway (Piešťany exit), the park is in a strategically ideal location for logistics activities.
“The Park is being built at a highly central and efficient logistics location. Within a very short time, important markets in Central and Eastern Europe can be served via the directly connected motorway network. High construction standards and low energy consumption further enchance the park’s value,” said Sebastian Scheufele, SIOR (Managing Partner, Modesta Real Estate) about the transaction.
“Garbe Green Park Piestany should set a new sustainability benchmark to us as well as to the market. We want to differentiate and find customers who will support us in our efforts to go beyond usual standards and who want to be our number one priority,” said Martin Stratov, Head of Development Czech Republic & Slovakia.
