Wing completes latest hall in Budapest

22
Nov
2023
News - Wing completes latest hall in Budapest #Hungary #Industrial #logistics #Wing

by Property Forum | Industrial

East Gate Pro Business Park, Wing’s latest industrial development project, has reached a new milestone with the delivery of hall A2 in phase two. An additional area of 9,100 sqm is available in the newly completed building for production, assembly, fulfilment and warehousing purposes.


After the completion of halls A1 and B1 last year, the East Gate PRO Business Park in the northern Pest region is expanding, and now hall A2 has been completed. Halls constructed in the first phase already have BREEAM Very Good sustainability certifications, and the latest building, which was constructed by Weinberg ’93 Építő Kft., meets the same requirements.

The business park is located at the junction of the M0 and M3 motorways, it is only a few minutes from Megyeri Bridge. The heat insulation of the buildings ensures a minimum indoor temperature of 16 C. Eco-friendly, easy-to-clean building materials with no harmful components were used in the construction, and a special focus was put on energy-efficient solutions. Technical specifications include an ESFR sprinkler system, smart meters and a large car park with a licence plate recognition access control system and electric car chargers.

“East Gate PRO Business Park is a speculative development that meets genuine market needs: the first two halls with a total area of 20,000 sqm have an occupancy rate of 100%, and we have completed our latest hall, which has an area of nearly 10,000 sqm. We need to include speculative developments in our portfolio in addition to built-to-suit pre-leased developments. This not only allows us to meet unique needs but also to offer standard expansion solutions and cater to immediate market demand", said Zsófia Korda, Chief Sales Officer (CSO) of Wing's Corporate Sales Relations and Business 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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