News Article 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.