PointPark Properties (P3) said on Wednesday that construction has commenced on a new 25,000-m2 warehouse facility in Bratislava, Slovakia. This build-to-suit project is being developed within PointPark Bratislava situated at the border of Czech Republic, Austria and Hungary.

The building is let to Schnellecke Slovakia, a logistics services provider and automotive industry supplier, with delivery scheduled for January 2012.

'The agreement with Schnellecke expands our portfolio of significant clients in PointPark Bratislava and confirms the attractiveness of the park,' said Pavol Podskoč, P3's head of Development.

The park already accommodates tenants such as Whirlpool, Möbelix, Brightpoint and IHLE. It offers a total lettable area potential of more than 196,000 m2.

'We are now in the process of implementing ground works for a further two build-to-suit buildings in order to increase flexibility and shorten delivery times for new buildings. We believe that our portfolio of clients will continue to expand,' added Naďa Kováčiková, P3 Leasing Manager.