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.




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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