GLP secures 43,000 sqm lease in Budapest

21
Jun
2021
News - GLP secures 43,000 sqm lease in Budapest #Budapest #GLP #Hungary #industrial #lease #logistics

by Property Forum | Industrial

GLP has leased a 43,000 sqm unit at Sziget Logistics Centre to Fiege Group, a leading European logistics company that specialises in efficient supply chain solutions.


Fiege Group has leased 43,000 sqm of high-quality warehousing space and offices in GLP Sziget Phase I and II. Sziget Logistics Centre is located in Szigetszentmiklós, on the southern outskirts of Budapest, Hungary, with direct access to the M0 ringroad and convenient access to public transport. The first phase, comprising 23,000 sqm, is due to complete in Q3 2021.

Sziget Logistics Centre introduces the GLP Design Standard to the Hungarian market. The Design Standard is a technical specification focused on more efficient storage space, enhanced layouts to facilitate logistics operations, and substantial cost savings from lower utility consumption with a strong focus towards ESG matters namely on sustainability, carbon reduction, wellbeing, and biodiversity.

The buildings, constructed by Goldbeck Hungaria Kft, will benefit from a clear height of 12 metres, giving customers an additional storage level in the warehouse, which can generate improved lease efficiency of up to 20%. It will also have a maximum floor load of 7 tons/sqm, enabling the use of heavy vehicles or machinery.

István Kerekes, Country Manager of GLP Hungary said: “Sziget Logistics Centre is set to raise the bar in terms of technical specifications in the Hungarian warehouse market. We are happy that Fiege Group, a new addition to GLP’s customer community, will be the first to benefit from our best-in-class technical features. As part of our growth strategy in the region, we are committed to supporting the expansion of current and future customers through developing further high-quality logistics assets in key locations across the country.”

Gergely Hepp Managing Director of Fiege for CEE, said: “The growth of e-commerce encouraged us to look for flexible logistics space where we can expand our business. We focus on strategic locations, which guarantee easy access to transportation hubs and quick deliveries to our client’s customers. GLP Sziget fully meets those expectations.”




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New appointments

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  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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