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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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • 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.


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