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.




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


Latest news

News - Windar Renovables expands with wind turbine facility at CTPark Legnica
17
Mar
2026

Windar Renovables expands with wind turbine facility at CTPark Legnica

by Property Forum
Industrial developer CTP has leased 29,000 sqm of industrial space plus 41,000 sqm of outdoor storage to Windar Renovables at CTPark Legnica in southwest Poland. The Spanish renewable energy company will build its second wind turbine tower manufacturing facility in the country.
Read more >
News - MLP Group achieves record leasing in 2025
17
Mar
2026

MLP Group achieves record leasing in 2025

by Property Forum
MLP Group reported in 2025 revenues of €99.2 million (+15% year-on-year) and net profit of €108.3 million (+25% year-on-year), while achieving a record 370,941 sqm of new and renewed lease agreements. 
Read more >
News - Warsaw industrial pipeline holds commanding market share in 2026
16
Mar
2026

Warsaw industrial pipeline holds commanding market share in 2026

by Property Forum
Warsaw has emerged as the primary hub for industrial projects, accounting for 36% of all industrial and logistics space currently in the pipeline, according to a report by BNP Paribas Real Estate.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy