Prologis has signed a new lease agreement for 4,800 square metres with Inter Cars Hungária, the largest passenger and truck parts dealer in Central and Eastern Europe, at its DC7 building now under construction at Prologis Park Budapest-Sziget. CBRE facilitated the transaction.
Prologis Park Budapest-Sziget currently comprises six buildings totalling 128,000 square metres of industrial space and 21,000 square metres under construction. The park is located in the industrial zone of Szigetszentmiklós, in a submarket of Budapest that provides direct access to the national and international road network via the M0 Budapest ring road.
"The demand for modern logistics properties has been increasing recently, giving us the confidence to carry out this speculative development,” said Laszlo Kemenes, senior vice president, country manager, Prologis Hungary.