Waberer’s Takes It All at Prologis Park Budapest-Sziget

23 November 2016

Speculative DC7 fully let; two new facilities now under construction 34,800 square metres leased; park now 99-percent occupied

BUDAPEST (21 November 2016) – Prologis, Inc., the global leader in logistics real estate, announced that it has signed a new lease agreement for 13,800 square metres and will deliver two new facilities totalling 21,000 square metres at Prologis Park Budapest-Sziget for Waberer’s.

The transactions with new customer Waberer’s include the following:
• 13,800 square metres at DC7A, a 21,500 square metre speculative facility that is now fully let two months after completion.
• 21,000 square metres at DC7B and DC8 to be developed to the customer’s specifications and scheduled for completion in the second quarter of 2017.

“We were looking for a high-quality logistics hub near Budapest and close to a major transport route, and Prologis’ offer fulfilled our expectations with high technical standards, customer service and a premium location. The sustainable solutions in the park are perfect for our green agenda,” said Zsolt Barna, director contract logistics management, Waberer’s.

“We are proud that Waberer’s, the leader in international transportation in Europe and the leading domestic freight and complex logistics services provider in Hungary, has become our new customer in Hungary. Both Prologis and Waberer’s are committed to minimizing the environmental impacts of our businesses, making this a strategic relationship for both parties,” said Laszlo Kemenes, senior vice president and country manager, Prologis Hungary.

Kemenes added: “Prologis Park Budapest-Sziget is currently 99-percent let, including the recently delivered speculative facility, and, with the completion of both buildings for Waberer’s, will be fully developed. Our development strategy for this park has proved to be successful.”

Prologis Park Budapest-Sziget currently comprises seven buildings totalling 150,000 square metres. The park is southeast of Budapest in the industrial zone of Szigetszentmiklós, providing direct access to the national and international road network via the M0 ring highway around Budapest.

Prologis is the leading provider of distribution facilities in Hungary with more than 640,000 square metres of logistics space in eight industrial parks (as of 30 September 2016).

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