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). 



Latest news


New leases

  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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