News, analysis and lease transactions from the Hungarian warehouse market
Prologis, Inc., the global leader in logistics real estate, today announced that it has begun construction of two new speculative facilities totalling 25,300 square metres at Prologis Park Bratislava.
Prologis, Inc., the global leader in logistics real estate, announced that Prologis European Logistics Fund (PELF) has acquired Mountpark Pilsen in the Czech Republic.
Managing Partner at ONLINE REAL ASSETS - Digital Real Estate Company This is a first for the global commerce giant: Online real estate sales at Amazon.es. The Spanish developer Altamira has put up for sale about a hundred houses and apartments in Madrid, Barcelona and on the Mediterranean coast. The site allows the direct connection with a seller, but not yet the online purchase of the house. The proponent states that the first sales have already been made. Altamira AM is a real estate company, a subsidiary of the US investment fund Apollo. Its wealth in Spain is over 50 billion euros. This initiative is clearly the first step in a plan to rapidly increase the proponent's online real estate sales. Amazon.es is more shy about other real estate ads, as they are only present through links to the Trovit and Holapisos ad sites. We know that Amazon, like other Gafa, is very interested in real estate: tests were conducted in the United States in 2017. This Spanish initiative is probably in a much more ambitious vision for real estate.
Prologis, Inc., the global leader in logistics real estate, today announced the launch of construction of Prologis Park Brno, a new logistics park in the Czech Republic, with the first speculative development of 27,860 square metres.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, ESTON International, JLL and Robertson Hungary) sets out below its Q1 2018 industrial market snapshot.
CTP is significantly expanding activities on the Hungarian market. Today, the company announced two new land acquisitions in strategic locations during its presentation for real estate agents and journalists. The first plot of land is located in Biatorbágy, and the second land plot is near Dunaharaszti, which is one of CTP’s newest locations.
CTP is significantly expanding on the Hungarian market, announcing two new land acquisitions in strategic locations. The first plot of the total of 30 hectares investment is located in Biatorbágy next to the M1 highway, the second land plot is near Dunaharaszti.
Although nearly 120,000 square meters of new industrial / logistics space was delivered in 2017 - almost the double of the figure delivered in 2016 - it may still occur that by the end of the year the available warehouse units with 5,000 square meters space will disappear from the Budapest market and its surrounding area, according to Colliers International's latest industrial property market report.
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