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Goodman Group starts phase two of Budapest logistics center

Australian property developer Goodman Group told MTI it has started the second, HUF 2.5 billion phase of construction at the Üllő Airport Logistics Centre on the outskirts of Budapest.

Goodman Group is building a 16,000-square-meter warehouse and 1,000 square meters of office space for Swedish cosmetics company Oriflame. The phase will be completed in the autumn.

In the first phase of the project, Goodman Group built 27,000 square meters of space for household products retailer Rossmann. The phase finished in early 2009.

The logistics center will have 155,000 square meters of space when it is completed. (MTI – Econews)