News Article Budapest Eston factory Hungary industrial investment
by Property Forum | Investment

A well-known automotive company will soon start operating in a 6,000 sqm modern factory building located on a nearly 5-hectare industrial plot in the catchment area of ​​Budapest.

According to market data, demand for logistics and industrial space remains strong, projecting a further, steady rise in rents and the launch of new investments. Due to the COVID-19 situation, the spatial needs of certain logistics service providers and retail chains have increased significantly and the increased demand is difficult to meet in the short term at the current vacancy rate.