The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum. No newly completed building came on line in the first three months of the year, just as was the case for the first three quarters of last year.
After opening in Romania, Europe’s only independent network of office search portals has launched its warehouse and logistics division in Hungary, which opens up the country’s warehouse market to tenants, agents and all other participants. The Hungarian portal of the warehouse search network is www.raktarkereso.info.
Major oil companies (ExxonMobil, Shell, BP, Total and Chevron) now own just a third of Europe’s petrol filling stations, according to the latest research from global real estate advisor CBRE.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, yesterday opened its first ‘Green Path’ educational, recreational and sports area in Prologis Park Budapest-Harbor. The Prologis Hungary team planted a tree in the company’s community garden to commemorate the event.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate today announced that Euro-net, owner of the nationwide retail chain RTV-EURO-AGD, has expanded its lease at Prologis Park Janki by 9,300 square metres to a total of 58,500 square metres in buildings 1 and 2.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced it has signed four leasing agreements totalling 26,600 square metres in the Czech Republic.
Prologis, Inc., the leading global owner, operator and developer of industrial real estate, has announced four promotions within the Central and Eastern Europe region.
Hungary’s central bank has raised the idea of extending the programme under which foreign-exchange mortgages are converted to forints at a rate of 180 forints per Swiss franc. The measure would cost 30-40 billion forints a year based on current exchange rates, according to calculations by the National Bank of Hungary released on Monday.