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Warehouse market news

News, analysis and lease transactions from the Hungarian warehouse market

Prologis Opens Small Business Units Building at Prologis Park Wrocław III

Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced the opening of a 18,200-square metre new Small Business Unit (SBU) facility atPrologis Park Wrocław III, offering the most flexible configurations for industrial real estate in the Wrocław market, with the smallest unit starting at just 650 square metres.

NCR Wins First Annual Prologis Budapest Football Games

Prologis, Inc., the global leader in industrial real estate, today announced it has held its first annual five-a-side football tournament in the Green Path recreational area of Prologis Park Budapest-Harbor in Hungary.

Prologis Acquires 230,000 Square Metres in Central Europe

Prologis, Inc. (NYSE: PLD), the global leader in industrial real estate, today announced that Prologis European Properties Fund II (“PEPF II”) has acquired a portfolio of approximately 230,000 square metres in the Czech Republic, Poland and Slovakia.

Industrial Investment Reaches Highest H1 Total Since 2007

A total of €8.7 billion was invested into European industrial real estate during H1 2014, a 25% increase versus H1 2013, and the highest first half total since 2007. New data from global real estate advisor CBRE also shows that industrial property now makes up 10.3% of the real estate investment market, up from 9.5% in 2013.

New tenant to move to Viktória Park

Viktória Park Logistics Park - located in Üllő, in the South-East agglomeration of Budapest - has found new tenant with the cooperation of JLL. The new tenant, Orbico Hungary Ltd signed a lease agreement for 6000 sq m space including industrial and social areas. The tenant may expand in the future within the park.