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New logistics park to be built near Budapest

Logistics

A new logistics park is being built in Biatorbágy, near Budapest, along the M1 motorway, according to a press release sent to the Budapest Business Journal.

LogiCube Park, developed by Defactoring Zrt., will offer sustainable warehouses along with high-quality office space, primarily for small and medium-sized enterprises. The first phase of the project, which represents an investment of HUF 1 billion, will start in November this year and is expected to be handed over in Q4 2022.

The first phase of the 55,000 sqm LogiCube Park will consist of a 2,550 sqm warehouse and associated office space. The park will be built in four phases, with modern and sustainable technical solutions, and will offer areas between 1,000 and 7,500 sqm. The park will also offer Class A office space for rent, as well as internal parking for tenants.

“The project was launched in 2015 as a greenfield investment, with the main initial tasks being the introduction of utilities and the construction of a high-quality access road. During the construction of the park, which is ideal mainly for SMEs, we are applying energy-efficient solutions that include heat-pump mechanical systems, the installation of solar panels, and the construction of a green facade for more efficient insulation and a more livable environment,” said Olivér Nagy, CEO of Defactoring Zrt. “We have already started the lease negotiations, in which 108 Agency is our exclusive partner - we hope that the park with its excellent facilities will be popular among the tenants”.

The final phase of the logistics park is expected to be completed by 2028.

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