Pan-European logistics and semi-industrial real estate developer VGP has kicked off the construction of the new VGP Park Győr Béta. A first lease is secured.
VGP Park Győr Béta will be the second VGP park in Győr, close to the existing VGP Park Győr. The park is located in the industrial area of Győr, ca 4 km from the M1 highway connecting Budapest and neighbouring capitals Vienna and Bratislava. Győr is the industrial, economic, business, educational and cultural centre of the Northwestern region of Hungary. Due to its strategic location with direct connections to the capital cities in the region, the city is a proven logistic hub. In addition, the city hosts several automotive suppliers. The new park offers quality infrastructure, including public transport on-site. Győr and the surrounding region, home to more than 250,000 inhabitants, ensure the availability of skilled labour.
The park will consist of two buildings with a total lettable surface of 46.000 sqm. The premises will be suitable for logistics, light production and commercial activities. The buildings will be delivered with a BREEAM Very Good certification which proofs the implementation of a sustainable environmental approach in the construction works whilst at the same time tries to improve the potential productivity, comfort and wellbeing of building occupants.
The first building under construction will have a total lettable surface of approximately 13,000 sqm. Delivery of the building is planned for March 2022. A first lease contract with an international logistics provider has already been secured for a total lettable area of about 3.300 sqm.
Lászlo Balogh, Commercial Director of VGP Hungary, says: “We are happy to have launched the construction of this new sustainable park, our fifth VGP park in Hungary. We are seeing great demand and interest in the new buildings from various potential tenants.”
Cushman & Wakefield advised VGP on the first tenancy. Gábor Halász-Csatári, Partner, Head of Industrial and Logistics at Cushman & Wakefield Hungary states: “We are delighted and proud to have been able to cooperate with VGP on this benchmark transaction in Győr. This deal is the result of a professional and thorough collaboration between VGP and the Tenant with the contribution of Cushman & Wakefield. We cherish our excellent relationship with VGP and look forward to making deals together in Győr and other locations.”
