White Star to start new warehouse project in Budapest

23
May
2019
News - White Star to start new warehouse project in Budapest #Budapest #development #Hungary #industrial #logistics #warehouse #White Star Real Estate

by Property Forum | Industrial

White Star Real Estate is starting construction of a new business park, named park22, which is adjacent to the Campona Shopping Centre in southern Budapest. This multi-phase offers prospective tenants flexible solutions that reflect today’s market needs including warehouses with mezzanine office units and independent office spaces. In the course of implementing the project, special emphasis is being given to maintaining a healthy balance between green space and buildings, as the 15-hectare site will comprise of 60,800 sqm of lettable warehouse and office space and 53,500 sqm of greenery.


Development of park22 will start in Q3 2019 and will be implemented in 3 phases. In this process, a total of six warehouse buildings will be constructed, with office buildings connected to three of theseA total of 421 parking spaces will also be available, along with a 24-hour security and access system, electrical vehicle charging stations as well as bicycle storage facilities. People working in park22 will also be able to enjoy other benefits besides the storage and office facilities surrounded by a green area.  The business park is easily accessible by different modes of public transportation.

White Star Real Estate, which has over two decades of experience, has undertaken almost 350,000 sqm of successful development projects in Hungary, with a value of close to €450 million. White Star is associated with such developments as Infopark A, Alkotás Point, the M1 Business Park, the Airport Business Park and the Market Central Ferihegy Shopping Park.




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  • Nowy Styl, a European leader in office furniture solutions, has signed a lease extension at the Oxygen Park office complex. The tenant occupies approximately 550 sqm within the project.
  • iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
  • The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.

New appointments

  • 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.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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