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Articles - JLL

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.

The Budapest Research Forum sets out below its Q3 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 Q3 2016 industrial market snapshot.

The Budapest Research Forum sets out below its Q1 2016 industrial market snapshot.

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.

Christian Ulbrich Appointed JLL President

Jones Lang LaSalle Incorporated (NYSE: JLL) announced that it is separating the roles of President and Chief Executive Officer and that Christian Ulbrich, currently CEO for the EMEA region, will become President of JLL. Colin Dyer will retain the role of CEO and continue to guide the firm’s global strategy, with a particular emphasis on IT and data strategies, and oversee LaSalle Investment Management as well as the firm’s finance, human resources, legal and marketing functions. Additionally, Guy Grainger, currently UK Chief Executive, will succeed Ulbrich as EMEA CEO, and Chris Ireland will become UK Chief Executive. All changes are effective June 1, 2016.

The last logistics unit of Rozália Park is let to Gimek

JLL represented the landlord in the leasing of 9,380 sq m to Gimek Zrt. in Rozália Park. With this transaction the logistics park is nearly fully let, only a few units are available in the gallery level.

790 million Euro transacted on the Hungarian commercial real estate market in 2015

The Hungarian commercial real estate market reached the highest volume since the peak of the market in 2007 with ca. €790 million transacted in 2015. Almost 60% of the annual volume was generated by portfolio transactions, which clearly reflects the increasing interest of investors for large platforms in an attempt to gain significant exposure to the market.

BRF Q3 2015 industrial market snapshot

The Budapest Research Forum (BRF, which comprises of: CBRE, Colliers International, Cushman & Wakefield, Eston International, JLL and Robertson Hungary) sets out below its Q3 2015 industrial market snapshot.

Prologis Announces Definitive Agreement on Prologis Park Bucharest A1

Prologis, Inc., the global leader in industrial real estate, today announced it has entered into a definitive agreement whereby CTP will acquire Prologis Park Bucharest A1 in Romania. The binding agreement is subject to customary closing conditions.
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