Prologis Announces Sale of Prologis Park Hegyeshalom to Horvath Rudolf

08 March 2018

Prologis, Inc., the global leader in logistics real estate, today announced the sale of Prologis Park Hegyeshalom in Hungary to Horvath Rudolf Intertransport Ltd, a Hungarian logistics services provider.

Budapest (8 March 2018)

Prologis, Inc., the global leader in logistics real estate, today announced the sale of Prologis Park Hegyeshalom in Hungary to Horvath Rudolf Intertransport Ltd, a Hungarian logistics services provider.

 The transaction includes a fully leased Class-A logistics facility totalling 32,300 square metres and 24 hectares of land.

 Prologis Park Hegyeshalom is the first Class-A logistics park in the northwestern area of Hungary, in “the magic triangle”  that comprises the Hungarian, Austrian and Slovak borders. The park has easy motorway access to Bratislava (M15), Vienna and Budapest (M1).

 

“Our strategy is to focus on high-barrier markets that show strong demand amid low vacancy,” said László Kemenes, senior vice president and country manager, Prologis Hungary. “In line with this principle, we will continue to focus on core locations in the greater Budapest area.”

JLL represented Prologis while Deloitte advised Horvath Rudolf.

About Prologis
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2017, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 684 million square feet (64 million square meters) in 19 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,000 customers across two major categories: business-to-business and retail/online fulfillment.

See also

Prologis Park Wrocław V under further development

Prologis Inc., the global leader in logistics real estate, today announced that it has started development of a new 16,700 square meter facility at its fully occupied Prologis Park Wrocław V. The company has already signed the first pre-lease agreement for 6,000 square meters in the new building with a logistics operator in the aviation industry.

View more

First Building at New Prologis Park Brno Attracts Customers

Prologis, Inc., the global leader in logistics real estate, today announced it has signed three lease agreements covering more than half of the first speculative facility recently completed at its new, Prologis Park Brno.

View more

Prologis Park Pilsen II Welcomes its First Customer

Prologis, Inc., the global leader in logistics real estate, today announced it has signed a lease agreement with its first customer at the recently acquired Prologis Park Pilsen II. The transaction comprises 21,000 square meters leased to Maurice Ward Group, the global freight forwarding, warehousing, logistics and customs clearance service provider.

View more