News, analysis and lease transactions from the Hungarian warehouse market
Regional Portfolio Growth to More than 4.1 Million Square Metres; More than 1.8 Million Square Metres Leased 390,000 Square Metres; Acquired 192,700 Square Metres; Started 135,000 Square Metres Delivered
The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q4 2014 industrial market data.
Prologis, Inc., the global leader in industrial real estate, announced today that it has signed a renewed lease agreement with L’Oréal Poland for 19,500 square metres of distribution space at Prologis Park Błonie II near Warsaw.
Daejung, the automotive supplier opens its first manufacturing operation in Hungary. The company chose the Europolis Park Budapest M1 industrial and logistics park on 4,700 sq m. CBRE introduced the tenant and represented the landlord with DTZ.
DTZ has advised on three market leading deals in CEE logistics covering both investment and leasing activities. The buildings are owned by Prologis and the total space in the three deals amount to approximately 116,000 sq m.
Prologis, Inc., the global leader in industrial real estate, today announced that it has renewed lease agreements with Tesco for 126,000 square metres of distribution space at two of Prologis’ parks in Slovakia. JLL, the international real estate consultant, facilitated these transactions.
Prologis, Inc., the global leader in industrial real estate, and Invesco Real Estate (IRE), the global real estate investment manager, today announced that Prologis European Properties Fund II (“PEPF II”) has solely acquired a high-quality logistics facility in Poland from IRE’s flagship pan-European open-ended strategy.
Prologis, Inc., the global leader in industrial real estate, today announced it has begun construction of a 13,000 square metre build-to-suit production facility at Prologis Park Prague-Jirny in the Czech Republic.
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