Within two months the OTP Real Estate Investment Fund has already added the second logistics property to its portfolio. The 35-thousand-square-metre warehouse complex is located in South-Pest, within the Gyál Business Park, near the M5 motorway and several multinational companies. This has been the biggest transaction of the OTP Real Estate Investment Fund so far in terms of gross floor area.
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.
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.
Both the development and take-up of industrial parks in Central Europe is continuing and slightly accelerating in comparison with last year, according to research from Cushman & Wakefield. The appetite for investing in commercial properties is also increasing, with a shortage on the supply side making buyers willing to pay more.
CBRE, the global real estate advisor, has been appointed by IDI Gazeley (Brookfield Logistics Properties), a leading global investor and developer of logistics real estate, to manage a portfolio of 39 logistics and warehouse assets spanning six countries across Europe covering a combined area of 850,334 sq m.
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.
DTZ has advised on three market leading deals in CEE logistics covering both investment and leasing activities. The buildings are owned by Prologis and the total space in the three deals amount to approximately 116,000 sq m.
SDV, the historic French logistics company opened its first Hungarian office in Building H of the Airport City Logistics Park on 1 October 2014. When selecting the office premises the followings were considered as important aspects: location close to the airport, possibility of expansion provided by the logistics park and the flexibly handled demands of the tenant.
