Build-to-suit facility for Assa Abloy
Panattoni Europe, a leading industrial space developer in the CEE region, announced the completion of a 10,000-square-meter build-to-suit facility for ASSA ABLOY in Týniště nad Orlicí in the Czech Republic.
The project is a stand alone BTS located in Týniště nad Orlicí (20 km from Hradec Králové city center) in eastern Czech Republic. The customer ASSA ABLOY Rychnov, part of the Swedish-based ASSA ABLOY Group, the global leader in door opening solutions, has leased 10,000 square meters of industrial space in the newly delivered building, which will serve as a production plant. The facility will support the automotive market brand FACEA growth strategy within the automotive industry market segment.
Ing. Jaroslav Kaizr MSc. MRICS, partner at Cushman and Wakefield, comments:
"Our company represented ASSA ABLOY in the acquisition of a new manufacturing plant in a location with a very low supply. Panattoni offered solution which best met the technical and financial requirements of ASSA ABLOY. The new manufacturing facility in Týniště nad Orlicí was built in 7 months from signing the future lease contract and thus within the timeframe agreed by the parties."
The BTS facility is part of the existing industrial estate adjacent to Týniště nad Orlicí city. Týniště has an exceptional location within Hradec Králové/Pardubice region with its direct proximity to Kvasiny (Volkswagen Group-owned Škoda Auto factory) approx. 20 km and also Hradec Králové city approx. 20 km.
Panattoni Europe has already cooperated with the ASSA ABLOY Group in Stříbro, where BESAM, another company belonging to the Group, leases 15 000 square meters of space at Panattoni D5 Logistics Park.
Assa Abloy Rychnov, s.r.o. / FACEA is a market leader in lock systems for security and control for the automotive industry. The objective of the FACEA trademark is to provide highly safe and innovative products at competitive prices.