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.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q3 2016 industrial market snapshot.
There was a significant increase in demand in Hungary for income-producing industrial properties bought for investment purposes in the past two years. China's Shanghai Feilo Acoustics owned Inesa Europe purchased more than 16,000 square meters of industrial property under such a deal. The distribution center located at Dunakeszi serves the European customers one of the largest LED manufacturers in China.
The Budapest Research Forum (BRF, which comprises: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q2 2016 industrial market snapshot.
Prologis, Inc., the global leader in logistics real estate, today celebrated the grand opening of a 25,414 square metre build-to-suit facility for BMW Group at Prologis Park Bratislava with an official ribbon-cutting ceremony.
The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q1 2016 industrial market snapshot.
The sudden expansion of investments and production has led to significant developments in the Hungarian industrial real estate market. In Greater Budapest, the vacancy rate has sunk by 11 percentage points over the past two years due to strong tenant demand and a complete lack of new speculative developments, according to the latest research data from CBRE global real estate advisor. M0 Central Business Park is among the most successful logistics hubs in the Greater Budapest area.