Kinstellar advises Nexen Tire Europe on leasing of 12,000 m2 warehouse
November 2020 – Following an investment of more than CZK 22 billion (approx. EUR 800 million), representing the third-largest FDI into the Czech Republic, the Kinstellar team has successfully completed another project for our client, Nexen Tire Europe, advising on the leasing of a 12,000 m2 warehouse in CTPark Žatec, part of the Triangle Strategic Industrial Zone.
Nexen will use a central distribution warehouse within the Zone to supply tires for passenger cars and commercial vehicles across the European market.
The company already owns a production plant near the new warehouse.
The Kinstellar team was led by Jan Lehký (Counsel).