ProLogis leases warehouse space near Budapest


Logistics company ProLogis announced in a statement that it has leased 16,000 square meters of industrial space at ProLogis Park Budapest-Gyál.

The logistics company cargo-partner decided to move its entire headquarters and primary distribution center in Hungary to its new build-to-suit facility at ProLogis Park Budapest-Gyál; the building is scheduled for completion during the first half of 2008. CB Richard Ellis, the largest global commercial real estate services firm, acted as an advisor for that transaction

Christoph Grasl, managing director of cargo-partner in Hungary said “our new location at ProLogis Park Budapest-Gyál fits exactly to the requirements of our clients in Hungary. The state-of-the-art distribution park is located close to the airport, main container yard for sea freight and has direct highway access.”

Adrienne Konthur, Managing Director of CB Richard Ellis Hungary added “this transaction was the largest lease on the industrial property market in 2007 with the involvement of an advisor. Thanks to the favorable conditions CBRE managed to achieve at ProLogis Park Budapest-Gyál, cargo-partner finally decided to multiply its initially smaller demand.” (press release)


Companies Borrow HUF 256 bln in October Banking

Companies Borrow HUF 256 bln in October

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Mahart Container Center Depot Opening at Budapest Airport Transport

Mahart Container Center Depot Opening at Budapest Airport

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.