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Warehouse market news

News, analysis and lease transactions from the Hungarian warehouse market

OTP Real Estate Investment Fund has acquired a logistics centre in Győr

OTP Real Estate Investment Fund has acquired a high-value logistics property within the Industrial Park of Győr. The 30-thousand-square-metre warehouse is fully utilized due to its high quality, state-of-the-art infrastructure and strategic location. Among its tenants there are domestic as well as multinational companies. The purchase is part of a portfolio optimization strategy, by which the Fund aims to increase the yields of the OTP Real Estate Investment Fund.

Domestic investors to be the most active players in the Hungarian real estate markets

According to CBRE Investment Breakfast Intentions Survey the vast majority of investors expect more than EUR 1 billion of investments in the Hungarian commercial real estate markets in 2016. Participants at CBRE Investment Breakfast hold on 5th Aprils 2016 were much more confident that in 2016 the Hungarian investment volume will increase further than they were last year.

Prologis Completes 30,000 Square Metre Expansion for Pepco

Prologis, Inc., the global leader in industrial real estate, today announced that it has completed a 30,000 square metre expansion of a distribution facility in Rawa Mazowiecka – located in Central –Poland for Pepco, a leading clothing and houseware retailer.