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Warehouse Market News

Faedra Group Expands Portfolio with New Logistics Investments in Budapest

The Hungarian-owned Faedra Group will soon begin developing two new logistics warehouses

Infogroup continues to operate under the name Innovinia

In September 2024, one of Hungary's leading real estate developers, Infogroup, best known for its industrial-logistics developments, changed its name and continue its operations under the name Innovinia.

The Budapest Research Forum sets out below its Q2 2024 industrial market snapshot.

The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) sets out below its Q2 2024 industrial market snapshot.

LG-Magna’s hall under construction in Miskolc stepped up to the next level

LG Magna’s industrial and logistics hall, developed by Infogroup and planned to be completed based on a very tight schedule within 8 months, reached a remarkable milestone.

Interviews

Mr. Lóránd Gárdonyi: our goal is not only to have jobs in our parks, but to be the best place where people come to work

According to Real Estate & Customer Experience Director of Prologis Hungary, labor is becoming increasingly expensive and difficult to obtain in the industrial and logistics area, so comfort services are becoming more and more valuable.

Martin Baláž: we have recognised the potential of logistics sector and our partners are benefiting from this

As we have previously reported, Prologis, a leading player in the logistics real estate market, has recently implemented organisational changes to increase efficiency and streamline workflows.

Tenants

Date Business Center Tenant m2 Lessor
2024 Q4 GLP Üllő Airport Logistics Centre Oriflame 17030 GLP
2024 Q4 HelloParks Maglód - Budapest Airport iMile Delivery! 3500 Grifton Property Kft.
2024 Q4 East Gate PRO Business Park n/a 9000 WING Zrt

More Transactions »

Best of 2024

  • Largest Rental:

    CTPark Budapest South - CTP Management Hungary Kft., with 27000m2 rented space

  • Most Active Warehouse Building:

    CTPark Budapest South, 1 rentals, with 27000m2 rented space

  • Most Active Lessor:

    CTP Management Hungary Kft., 5 transactions, transactions total space: 68000 m2

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