Panattoni City Dock Törökbálint reaches full occupancy over soaring demand

17
Jun
2025
News - Panattoni City Dock Törökbálint reaches full occupancy over soaring demand #BTS #Budapest #industrial #László Kemenes #Panattoni Hungary

by Property Forum | Industrial

The logistics project Panattoni City Dock Törökbálint has reached full occupancy, over robust demand for industrial projects in the greater Budapest area. 


Thus, all four warehouse units, totaling over 17,000 sqm, are now leased to seven companies. 

László Kemenes, Managing Director of Panattoni Hungary, said: “Despite ongoing geopolitical and economic challenges, demand for premium industrial space remains strong across the region — particularly in Hungary, where this segment continues to outperform. The 100% occupancy of our Törökbálint project confirms that the market expects modern and sustainable logistics infrastructure.” 

The project, which has achieved BREEAM Excellent certification, is located 12 km from central Budapest with direct motorway access. 

This prime position makes it an ideal hub for sectors requiring last-mile urban delivery, such as food logistics and pharmaceuticals. 

At present, Panattoni Hungary is preparing further developments, including approximately 150,000 sqm of speculative space in Gyál (64,000 sqm) and Herceghalom (78,000 sqm), as well as several upcoming BTS projects.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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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