Panattoni agrees BTS with GME in Prague

Industrial developer Panattoni will start construction on a build-to-suit facility for GM Electronic  in June. The 5,300 sqm building is located in Panattoni Park Prague Airport and will serve as a distribution center for the Czech Republic. GME will take control of the land, under the terms of the deal.enter for the Czech Republic. The agreement is a BTS transaction including the land sale to the customer. Currently the park offers 50,000 sqm in three buildings, but it could expand to a total of 160,000 sqm.

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