IGPark Kecskemét South: Phase 2 has broken ground
Just a few months after the handover of the first 21,000 m² industrial-logistical speculative hall of IGPark Kecskemét South, Infogroup has started the construction of a new building.
Just a few months after the handover of the first 21,000 m² industrial-logistical speculative hall of IGPark Kecskemét South, Infogroup has started the construction of a new building.
According to the plans, the nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the summer of 2023
In September, the construction of the second phase of the 21,000 sqm logistics park, which will be built in four phases, will continue
In 2022, Volvo Trucks, IKEA Industry and Raben Group signed a cooperation agreement on zero-emission heavy transport. Less than 12 months after handing over the first electric truck in Poland, Raben Group's fleet of vehicles increased by two more electric trucks to serve IKEA Industry.
The Industrial & Logistics (I&L) property sector has continued to thrive since we presented our first ExCEEding Borders I&L report in 2020. The total I&L stock for the CEE-12 region has grown to exceed 65 million sqm, with 25 million sqm situated in and around the 12 capital city markets.
A much-needed urban logistics real estate development project under construction in Budapest
VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, enters the Budapest market by purchasing a 38 HA development site at the strategic location of Üllő, adjacent to Budapest International Airport Liszt Ferenc.
This Special Report shows that barriers to new supply in Europe are significant and rising in the face of strong demand. These challenging market circumstances will pose opportunities for developers that prioritize added value including, labour future-proof solutions and ESG.