Panattoni Europe, a developer of industrial space in Europe, has completed a build-to-suit project in the Czech Republic. The new investment was carried out for Johnson Controls, a manufacturer in the automotive industry.
The facility covers 11,500 sqm of industrial space and is located in the Triangle Industrial Zone, approximately 80 km northwest of Prague and 30 km from the German border. The 11,500 sqm investment will serve as a production plant for automotive interior components. Construction work began in April 2011 and was completed on schedule on August 19, 2011.