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

  • Yokogawa Romania has extended its lease agreement for another five years in Building F of YUNITY Park, a business campus owned by Genesis Property. The agreement marks the fourth consecutive renewal for the local subsidiary of the Japanese industrial automation and process control company. Originally signed in 2007, this latest extension brings the total duration of the corporate partnership to more than 20 years.
  • Vastint Romania has secured a new lease agreement with Arcadis Romania for 1,183 sqm of office space in Building A of the Business Garden Bucharest development.
  • Karimpol Polska has signed a major lease agreement with Volkswagen Financial Services at the Skyliner II complex at Rondo Daszyńskiego in Warsaw. The automotive financial services provider will occupy nearly 6,000 sqm of office and retail space in the project's second tower. Following the transaction, the occupancy rate of Skyliner II has reached 50%.

New appointments

  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.


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