LPP leases 25,000 sqm at PNK Park SEREĎ in Slovakia

LPP leases 25,000 sqm at PNK Park SEREĎ in Slovakia

Published at: 2019-05-07 10:47 | Author: CIJEurope.com
LPP SA has leased 35,400 sqm of space at PNK Park SEREĎ, located on the R1 highway 55 km from Bratislava. Poland's largest fashion brand will be using the space as an e-commerce fulfillment centers that will be serving the entire region of Central Europe. LPP owns five popular brands in the region: Reserved, Cropp, House, Mohito and Sinsay. In a deal facilitated by JLL, LPP took an option to lease an additional 7,300 sqm in the same building within three years. It will focus on the automation of the warehouse processes to improve efficiency and shorten lead times.
LPP’s online stores are currently served by fulfillment centers in Gdańsk, Stryków and Moscow and their total industrial space amounts to over 70,000 sqm. The network will be soon be extended by a 22,000 sqm warehouse in Romania, which is currently under construction.

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