GLP leases 22,000 sqm near Budapest to Alza

25
May
2022
News - GLP leases 22,000 sqm near Budapest to Alza #Alza #Hungary #industrial #logistics #warehouse lease

by Property Forum | Industrial

GLP, a leading investor and developer of logistics warehouses and distribution parks, has signed a long-term lease agreement with online retailer Alza.hu for a 22,000 sqm warehouse at Sziget Logistics Centre, Hungary. Construction is already in progress, and the building is due to be finalized in Q3 2022.


The company will use the new multifunctional facility to improve its distribution and fulfilment services. With this new, 10-year contract GLP and Alza bring their cooperation in the CEE region to the next level: the originally Czech e-commerce player has already partnered with the developer in GLP Park Bratislava, Slovakia, and recently in GLP Park Prague Chrastany, Czech Republic.

Apart from the 20,000 sqm of grade-A warehouse space, the building will host another 2,000 sqm of office space, a showroom, and an Alza Drive pick-up point. A separate entrance for these latter two will offer easy and safe access for customers, while dedicated parking spaces for staff and visitors will further enhance accessibility.

The facility will be equipped with 82 docks, accommodating multiple specifications, and able to accept various types of vehicles ranging from vans to trucks, making last-mile deliveries faster and even more flexible.




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  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

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  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
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