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.
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.
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, 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.
The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q4 2014 industrial market data.
The Budapest Research Forum (BRF) which comprises: CBRE, Colliers International, Cushman & Wakefield, DTZ, Eston International, JLL and Robertson Hungary now reports its Q3 2014 industrial market data. In Q3 2014 the size of the modern industrial stock in Budapest and its surroundings remained unchanged totalling 1,848,100 sq m.
Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced that Prologis European Properties Fund II (“PEPF II”) has acquired a portfolio of approximately 230,000 square metres in the Czech Republic, Poland and Slovakia.
Viktória Park Logistics Park - located in Üllő, in the South-East agglomeration of Budapest - has found new tenant with the cooperation of JLL. The new tenant, Orbico Hungary Ltd signed a lease agreement for 6000 sq m space including industrial and social areas. The tenant may expand in the future within the park.
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