Skip to content

Articles

News, interviews and testimonials from the warehouse market

M7 Real Estate’s Central European Fund acquires another Property in Budapest

Following its 2016 debut to the Hungarian market M7 Real Estate’s Central European Fund (“M7 CEREF”) has further increased its presence in Budapest. In March 2017 the 62,000 sq m Aerozone logistics centre near Ferenc Liszt Airport was acquired by the fund which is managed by M7 Real Estate. In what is a developing partnership, M7 Real Estate has again appointed CBRE as the property manager and leasing agent for Aerozone as it did at the previous transactions in 2016.

Active year start at Diófa Asset Management

Diófa Asset Management is delighted to announce the closed transaction of the South Pest Business Park. The vendor was Wing Zrt.; the new owner is Magyar Posta Takarék Property Investment Fund, which is Hungary's second largest domestic open-ended fund. The purchaser, represented by Diófa Asset Management, currently owns 64 billion HUF of property value. The city logistics scheme is located in the 9th District, totals in 34,400 sq m GLA and the modern warehouse area is 90% occupied. The South Pest Business Park was transacted for 9 billion HUF.

ROKI enters Europe by signing for 5.500 m2 in CTPark Arad

The Japan-based company ROKI specializing in automotive filters manufacturing will occupy 5.500 m2 unit in Romanian CTPark Arad. The space will include logistics and offices/social areas. This project is the first in Europe as a production facility for the group and is meant to supply ROKI’s customers/OEMs mainly in the European region.