News Article BTS Budapest ConvergenCE development Hungary industrial logistics
by Property Forum | Industrial

In response to growing demand for logistics space on the domestic market, ConvergenCE has prepared a ready-made product in Tárnok, Hungary where the construction of an 8,000 sqm logistics hall can be started immediately.

“Not only do we have a valid building permit, but munitions clearance and archaeological excavation of the development area are completed and all utilities installed, so that construction works may start immediately,” said Csaba Zeley, Managing Director of ConvergenCE. “In Hungary, site selection, acquisition, public works, other infrastructural development and building permitting procedures take an average of 12-18 months. That is why a fully prepared project like this, where all these have already been taken care of, is a huge time saver for any owner occupier or tenant looking for a quick build-to-suit logistic warehouse close to Budapest and the M0.”

The plot, which is suitable for industrial, commercial and warehousing development is located directly at the Tárnok junction of the M7 motorway, 6 km from the M0 ring road. The plot is suitable for built-to-suit distribution warehouses as well as light industry halls, which the owner can construct and hand over in turnkey condition.