Goodman expands in Hungary

17
Nov
2016
News - Goodman expands in Hungary #development #Goodman #Hungary #industrial

by Ákos Budai | Industrial

Goodman Group, an owner, developer and manager of industrial real estate, has opened the 22,200 sqm expansion of its Gyál Logistics Centre. One unit is already pre-leased and the remaining two units are available for immediate lease. The total leasable area has nearly doubled to 44,735 sqm.  


The 22,200 sqm facility was built on a speculative basis and delivered in just a few months. The property has been designed to cater to the needs of both small businesses and large companies, and the Class A warehouse can be adapted to meet customers’ operational needs. Two units, with modules starting from 3,000 sqm, are available for immediate lease. Goodman already pre-leased 4,750 sqm to ADR Logistics Kft., a third-party logistics service provider. 
 
Goodman Gyál Logistics Centre is located 22 kilometres from the centre of Budapest. The property sits at the junction of the M5 highway and the M0 ring road and is situated only 18 kilometres from Liszt Ferenc International Airport.

“With this development we took a further step towards expanding our portfolio in Hungary. The pre-lease contract is sound proof that there is strong demand for high-quality logistics space in the Budapest region. The ready-to-let space now available in Gyál will enable us to respond to that demand,” said István Kerekes, Goodman Country Manager for Hungary. “We will continue to explore new opportunities to expand our portfolio and to become the preferred logistics real estate partner in Hungary.” 
 
With the new development, the logistics centre in Gyál will now total 44,735 sqm. The first phase of the property, totalling 22,535 sqm, was completed in 2006 and is fully leased to HOPI Hungaria Logisztikai Kft. The property is owned by Goodman’s flagship European real estate investment vehicle, Goodman European Partnership (GEP). 



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New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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