News, analysis and lease transactions from the Hungarian warehouse market
Prologis, Inc., the global leader in logistics real estate, announced that it has signed a new lease agreement for 13,800 square metres and will deliver two new facilities totalling 21,000 square metres at Prologis Park Budapest-Sziget for Waberer’s.
Similarly to other real estate sectors, there is a clearly positive tendency during the last two years in the industrial property market as well. This more intense activity is fuelled by increased number of leasing and sales transactions that resulted into a net absorption rate outpacing the new supply. From a development perspective the market is experiencing a new turn, as a number of speculative projects were initiated again, which was not the case for many years, as since the economic downturn, developers were almost exclusively focusing on build to suit type of projects.
DVM group announced the appointment of Márkus Schüller to the position of Head of Project Management. Márkus has been responsible for leading the project management team of the Hungarian integrated building services provider since Autumn 2016. He joined DVM group in 2015 and is well acquainted with the company’s clients, colleagues and processes.
Prologis, Inc., the global leader in logistics real estate, today announced it has started construction of a speculative facility totalling 9,200 square metres at Prologis Park Szczecin. The building is 60 percent pre-let to an international furniture company, which will occupy a total of 19,600 square metres in the park, including space in the new development. The building is scheduled for completion in the first quarter of 2017.
Prologis, Inc., the global leader in logistics real estate, today announced third quarter activity in Europe.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q3 2016 industrial market snapshot.
Prologis, Inc., the global leader in logistics real estate, today announced it has signed two new lease agreements totalling 15,750 square metres at Prologis Park Teresin.
Prologis, Inc., the global leader in logistics real estate, today announced that it has signed two lease agreements with Sony DADC, a leading disc and digital solution provider for the entertainment, education and information industries, totalling 20,450 square metres at Prologis Park Pilsen-Štěnovice.
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