Hungarian developer Faedra Group has kicked off the construction of two industrial and logistics warehouses in Budapest, covering a total of more than 21,000 sqm, following an investment of more than €23 million.
The new projects slated for delivery in mid-2025 are located in the XXII district of South Buda, at the intersection of the M0-M6 highway and main road 6, only 15 km from the city center.
Faedra Business Park comprises two buildings with 9,300 sqm of industrial and logistics space. At the same time, Faedra City will be designed as a single building with a leasable area of 12,000 sqm.
“By offering space in smaller units with associated high-quality office solutions, we can provide competitive opportunities for various sectors, including light industry and logistics. Modern infrastructure and sustainable solutions ensure the long-term efficient and sustainable operation of our tenants. We are confident that the excellent location and flexible design options will attract potential clients again in the future,” says Máté Szoboszlay, Partner and Business Development and Investment Director.
Leasing for the new projects is managed exclusively by 108 Real Estate.
