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Articles

The Budapest Research Forum sets out below its Q4 2016 industrial market snapshot.

The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q4 2016 industrial market snapshot.

Prologis Acquires M0 Central Business Park in Hungary

Prologis, Inc., the global leader in logistics real estate, announced that Prologis European Properties Fund II (PEPFII) has acquired M0 Central Business Park in Hungary from IDI Gazeley.

Prologis Garners Prestigious Recognitions at the 2016 Eurobuild CEE Awards

Prologis, Inc., the global leader in logistics real estate, picked up two prestigious wins at the 2016 Eurobuild CEE Awards. Prologis was named “Warehouse Developer of the Year, CEE” and “Best Warehouse Manager of the Year, Poland” at the 2016 Eurobuild CEE Awards gala held 6 December at the DoubleTree by Hilton Warsaw Hotel. More than 900 real estate professionals from across Europe and the CEE region attended the event.

Record in Hungary’s commercial Real Estate market

The Construction and Investment Journal (CIJ), one of Europe’s leading real estate magazines has awarded the best property market companies and projects in Hungary this year as well: the winner of the Best Warehouse Power Broker Team category was CBRE’s industrial agency team.

Prologis Delivered Third Build-To-Suit Project in Central Poland in 2016

Prologis, Inc., the global leader in logistics real estate, today announced that it has completed the construction of a 22,200 square metre build-to-suit (BTS) facility for Arvato Polska leader in terms of complex outsourcing services at Prologis Park Stryków. CBRE facilitated this transaction.

Prologis Park Wroclaw V Expands by Additional 11,400 Square Metres

Prologis, Inc., the global leader in logistics real estate, announced it has begun construction of a speculative facility totalling 11,400 square metres at Prologis Park Wrocław V. Scheduled for completion in the second quarter of 2017, the building is already 100-percent pre-leased, just one month after the start of construction.

Waberer’s Takes It All at Prologis Park Budapest-Sziget

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.

Stable increase on the industrial market

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.
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