C&W secures 62,000 sqm logistics lease for VGP in Budapest

09
Nov
2021
News - C&W secures 62,000 sqm logistics lease for VGP in Budapest #Budapest #Cushman&Wakefield #Hungary #industrial #lease #logistics #VGP

by Property Forum | Industrial

Cushman & Wakefield has closed its largest-ever lease transaction on the Budapest industrial market, with Boxy Logisztika Zrt. signing a lease for 62,000 sqm in VGP’s Aerozone Park, according to the company's LinkedIn page.


Boxy Logisztika Zrt. provides physical space for smaller companies interested in e-commerce, such as e-shops, which do not have their own warehouse. The warehouse, which is currently being built at the junction of motorways M0 and M4, will provide fulfilment services and its own fleet of same-day deliveries to serve the entire logistics processes of Hungarian online shops and e-tailers from the second half of 2022. The company will therefore provide support in warehousing, stocking, inventory, order management, packaging, shipping, returns management, as well as purchasing and sales.




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New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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