The Group signed a long-term lease agreement for the facility with the Hungarian subsidiary of Raben Group. The project will be completed by March 2021. With this modern logistics centre NIPÜF’s warehouse developments will exceed 166,000 sqm in total.

Inpark Pécs is situated directly along the M60 motorway. Additional advantages of the location are the proximity of Pécs-Pogány Airport and the excellent infrastructure. The park already accommodates a 22,000 sqm automotive parts manufacturing and storage facility, while the remaining 41-hectare development area awaits further customers to move in. NIPÜF Group offers a full range of industrial property services, including land for sale or built-to-suit warehouse developments.

Dr. László Kiss, CEO of NIPÜF Zrt., said: „The new phase of Inpark Pécs industrial park reflects the economic potential of the area. We register growing industrial property demand from both domestic and international companies in the Southern Transdanubian region. The state-of-the-art warehouse with sustainable features offers the possibility of future expansion for our customer. The project is more than just another lease transaction: it creates new jobs in the construction period as well as during operation, in accordance with the government’s goals set out in the Economy Protection Action Plan.”

Csaba Árvai, managing director of Raben Trans European Hungary Kft., added: „The new warehouse in Pécs will be crucial for us to be able to serve one of our key local partner’s distribution needs. It is also a significant step towards developing our nationwide logistics network. Timing is critical, as we need to move in next March. Inpark Pécs industrial park is the right location, and the professional services of NIPÜF Group enable us to start our operations in the new facility in only a few months.”