The Austrian logistics real estate developer Go Asset completed its largest facility in the Adriatic region, a logistics centre in Sežana in western Slovenia, and handed it over to the German retailer Tedi. Worth €50 million, the facility spans 62,000 m2 and is expected to become operational in early 2024.

The building stands on land near the former Fernetiči border crossing with Italy, which Go Asset purchased from the bad bank. Another two large buildings will be built there on a total of some 33 hectares of land, the users of which are not yet known.

Tedi, the large German non-food retailer, intends to utilise the Slovenian Port of Koper and the Sežana logistics centre to perform logistics and distribution business for Central and South-east Europe.

Tedi board member Jens Brüggeman noted that the company operated in 15 countries and would open its 3,000th shop this year. It has 60 shops in Slovenia with 400 employees.

Sežana Mayor Andrej Sila said this was a special day for the municipality, which was becoming recognised in the global logistics market.