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News Release

Prague

Flextronics (Flex) Prolongs their 15,000 sq. m. Lease in Starzone Pardubice

Production Company Flextronics International (Flex) that occupies 15,000 sq. m. of warehouse premises in logistics park Starzone Pardubice, has decided to prolong their lease.


PRAGUE, 4th april 2017 – Flextronics International (Flex), represented by real estate advisory company JLL, has successfully prolonged their 15,000 sq. m. lease of warehouse and production premises in Starzone Pardubice.

"Flextronics International (Flex) commends the professional approach of JLL represented by Mr. Miroslav Kotek. The transaction was facilitated thanks to his invaluable experience and unparalleled knowledge of the local industrial market. The collaboration between Flextronics International (Flex) and JLL has a long history and when we want to renegotiate our current leases and accommodate our new projects in suitable premises, we know we can rely on JLL," says Libor Dvořák, General Manager Flextronics International (Flex) in the Czech Republic.

Miroslav Kotek, Associate Director, JLL Industrial Agency, responsible for this transaction adds: "The industrial market in the Pardubice Region offers high-quality warehouse and production premises in several locations. Attractive locations include Staročernsko (Starzone Pardubice - with Flex), Černá za Bory (home to another important company - Foxconn) and Semtín (Logistic Park Zelená Louka - leased by Schenker). Further development of the regional market depends on increased investments in infrastructure, a new zoning plan and the expediting of construction approval processes of halls for new tenants."