MANUFACTURING PLANT FOR SALE DOROG, HUNGARY
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1 MANUFACTURING PLANT HIGHLY SPECIFIED PRODUCTION FACILITY ON A SITE OF 139,000 SQ M PROPERTY COMPRISES FOUR BUILDINGS WITH PRODUCTION HALL AND INTERCONNECTED WAREHOUSES LOCATED IN AN ESTABLISHED INDUSTRIAL LOCATION VAST LABOUR POOL ESTABLISHED IN THE SURROUNDING AREA VERY ACCESSIBLE FROM THE M1 MOTORWAY AND THE SOUTH SLOVAKIAN REGIONS 1
2 MANUFACTURING PLANT 2
3 INVESTMENT SUMMARY Production and warehouse area combined with offices Warehouses built in phases between Built to the highest market standards Warehouse sizes vary from cca. 5,300 sq m to 13,600 sq m Total building area cca. 34,800 sq meters Total site area cca. 139,000 sq meters ESTABLISHED INDUSTRIAL LOCATION, WITH AN ESTABLISHED AND VAST LABOUR POOL Located in Dorog Industrial Park about 30km from Budapest Suzuki Industrial Park in Esztergom is 10 km from the site Highly skilled labour pool from both Hungary and South Slovakian Region. Labour force has a strong industrial tradition 3
4 DOROG - A PLACE INDUSTRY The city of Dorog together with the adjacent town of Esztergom and its urban area has a population of about 95,000 inhabitants. GDP/capita and purchase power is above the national average due to the strong industrial background. Suzuki in Esztergom employs over 3,500 people; with supplier company s to Suzuki in the nearby industrial park highly contributing to the GDP and employment in the area. Large international companies have their production plants in this highly industrialized area of Hungary: Audi in Gyor is the largest car manufacturer plant in Central Europe. Industrial parks in Komárom (50km) and Tatabánya (40 km) give home to various manufacturers including Nokia, Grundfos, Bridgestone, Mylan, Foxtonn, and Lear. The two counties (Komárom-Esztergom and Gyor-Moson-Sopron) account for 20% of all the Hungarian industrial production far above their share in total population (7%). 4
5 SLOVAKIA NOVE ZAMKY AFG ESZTERGOM Unlimited Polymer Solutions GYOR KOMAROM LABATLAN TOKOD DOROG P. SZENTIVAN OROSZLANY TATABANYA WET BUDAPEST HUNGARY 5
6 ACCESSIBILITY The Property has access and good visibility from the National Road No. 10, connecting Budapest with Esztergom and is located in the Dorog Industrial Park, in close proximity to the Suzuki Automotive Plant. In addition to good road access, the property benefits from direct access to a railway line. Currently the property does not avail of this rail connection but it could be developed at a future date. Major industrial cities are within reasonable distance: Esztergom: 10 km (rail and road) Budapest: 35 km (rail and road) Tatabánya, M1 motorway: 40 km (road) Komárom, M1 motorway: 50 km (rail and road) Danube Bridge between Esztergom and Stúrovo (SK) grants easy access to the site from the labour-rich Southern Slovakian regions of Nové Zámky and Komárno. The commute of skilled workers from Slovakia is common and easy as a result of the developed traffic connections. SLOVAKIA VIENNA GYOR KOMAROM 50 KM BY ROAD AND TRAIN 40 KM BY ROAD ESZTERGOM 10 KM BY ROAD AND TRAIN DOROG 35 KM BY ROAD AND TRAIN TATABANYA HUNGARY 6 BUDAPEST
7 THE PROPERTY The total site area is 139,000 sq meters with a built area is 34,790 sq m and comprises of one stand-alone building and three interconnected big-boxes with production hall and warehouses. In addition the facility benefits from 270 parking spaces. Internally the property has spacious social facilities (locker rooms, kitchen, offices and meeting rooms). A category warehouses with: Fire alarm Roof top cooling system Epoxy paint floor in manufacturing and concrete floor in warehouse areas Several dock levelers in each of the buildings Dock and ramp in each hall 7
8 HISTORY OF THE PROPERTY The property is owned by Panasonic and was constructed in three phases for the production of Panasonic goods. The first phase was constructed in 2000 and the plant was further expanded in 2005 and In 2010 the main buildings on site under went an upgrade and refurbishment to meet the new business needs of Panasonic. The plant was originally used as manufacturing site by Sanyo (later Panasonic). The Property was used for production of mobile batteries, air conditioning units and solar modules. The new solar plant was awarded as Investment of the Year in 2009 due to its high technical features. Production at the plant is winding down due a change in business strategy. The plant being will be vacated in January
9 THE PROPERTY COMPRISES 34,790 SQ M OF MODERN INDUSTRIAL SPACE IN FOUR A CATEGORY BUILDINGS. SCHEDULE OF AREAS Building One Building Two Building Three Main Warehouse Year of completion Area (sq m) 5,284 6,480 13,609 8, Floors Dimension (m*m) 48*108 48* *105 72*120 Warehouse (sq m) 839 1,278 1,587 1,762 Production area (sq m) 3,158 3,472 7,401 5,329 Lowest beam (m) Column span (m) 12*24 12*24 7.5* *30 12*24 Fire/Alarm system YES YES YES YES Sprinkler NO NO NO NO Gate + dock leveller (2.5*3.0m) Gate + Ramp (4.0*4.0m) Special Features 40kWp solar grid hazardous material storage 30kVA UPS+ 83kVA generator first aid room kitchen partly 10 m high 45 bar air compression cold storage 9
10 SITE PLAN The area marked out in Green is For Sale. Please note the plan is for indicative purposes only, and it not a ture Title Plan of the site. 10
11 S PROCESS All offers or expressions of interest must be submitted to CBRE and be based on the following conditions of the sale: Offers should be denominated in Euro net of all transaction costs (government fees, fees relating to ownership transfer, notarial fees, court registration fees) and VAT. The offer must include information on the time and procedures necessary to obtain all approvals and the time required to close the transaction, source of funding, track record, and full details of all due diligence requirements. Each party is responsible for their own costs incurred during the transaction. The property is being sold in an as is condition: Any offer not subject to bank funding, condition precedents or corporate approvals will be looked upon favourably. The vendor reserves the right not to accept any offer. ADDITIONAL INMATION OR TO ARRANGE A VIEWING, PLEASE CONTACT: Tim O Sullivan Tel: Mob: tim.osullivan@cbre.com Gabor Borbély Tel: Mob: gabor.borbely@cbre.com 11
12 a CBRE Kft. Honvéd Center Honvéd utca 20/A. Budapest 1054 Hungary T F Disclaimer 2013 CBRE CBRE on its behalf gives notice that: These particulars are set out as a general outline only for guidance to intending Purchasers, and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of CBRE has any authority to make any representation or warranty whatsoever in relation to this property. Unless otherwise stated, all priced and rents are quoted exclusive of VAT. Information herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the market. This information is designed exclusively for use by CBRE clients, and cannot be reproduced without prior written permission of CBRE. Copyright.
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