Prologis starts new development in Budapest

28
Apr
2021
News - Prologis starts new development in Budapest #Budapest #development #Hungary #industrial #logistics #Prologis #speculative

by Property Forum | Industrial

Prologis has started a new speculative development at Prologis Park Budapest-Sziget II which is set to be delivered by the end of the year. A new 11,600 sqm warehouse building is now under development at the park, where 48,000 sqm of potential development space remains available.


Designed using BIM (Building Information Modeling) technology, building DC1A will facilitate easy and safe warehousing operations with a clear height of 12 meters and a floor loading capacity of 7 tons per square meter.

The new development will be submitted for BREEAM accreditation. At Budapest-Sziget II, renewable energy sources account for 25% of the park’s total energy usage, thanks to the implementation of sustainable features such as solar panels. Users of building DC1A will benefit from Prologis’s PARKlife initiative, which aims to improve the quality of life for all working at the company’s parks.

Prologis Park Budapest-Sziget II is situated within Budapest’s city limits, next to the M0 motorway, and 17 kilometres south of the city centre. Park users enjoy fast and efficient access to Liszt Ferenc International Airport and to the M1, M7 and M5 motorways.

„Szigetszentmiklós is already a well-established point on the Hungarian logistics map. Customers appreciate the area’s excellent location and integration with wider regional logistics networks. Now, we are developing a new warehouse including all the elements that make us stand out in the Hungarian logistics market, and which help us bring satisfaction and success to our customers,” says Máté Szoboszlay, Capital Deployment Director for Hungary about the speculative development.




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  • 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.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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