According to Adorján Salamon, Managing Director of ESTON International, there is no cause for concern—even though the latest data from the Budapest Real Estate Consultants Forum (BIEF, BRF) shows that the vacancy rate in the industrial-logistics segment has risen above 10%, and the absorption rate has turned negative. While the sector has moved past the post-Covid boom, the current situation reflects a phase of consolidated waiting rather than a crisis: market balance remains, and rural regions are playing an increasingly important role.
HelloParks has once again demonstrated its commitment to sustainable development by reaching two new important sustainability milestones. Uniquely in Hungary, all of the company’s warehouse buildings now officially comply with the strict requirements of the EU Taxonomy, a significant achievement in the history of the company known for its green developments. In addition, since the beginning of the year, HelloParks has increased the total area certified with the highest BREEAM sustainability rating in Hungary by 188,000 sqm, with four of its warehouses having earned the prestigious Outstanding rating in the New Construction category.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) sets out below its Q1 2025 industrial market snapshot.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) sets out below its Q2 2024 industrial market snapshot.
As we have previously reported, Prologis, a leading player in the logistics real estate market, has recently implemented organisational changes to increase efficiency and streamline workflows.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary) sets out below its Q1 2024 industrial market snapshot.