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Warehouse market news

News, analysis and lease transactions from the Hungarian warehouse market

GLP leases 22,000 SQM at Sziget Logistics Centre to Alza

GLP, a leading investor and developer of logistics warehouses and distribution parks, has signed a long-term lease agreement with online retailer Alza.hu for a 22,000 SQM warehouse at Sziget Logistics Centre, Hungary. Construction is already in progress, and the building is due to be finalised in Q3 2022.