Warehouse to let in East-Budapest

Description
East-Budapest has the second smallest stock in terms of warehouse space in the Budapest market due to the recently completed section of the M0 ringroad. The total supply is 274,000 sq m which consists of 250,000 sq m warehouse space and 24,000 sq m office area. The vacancy rate was 12.7 % at the end of June which is much lower compared to the average Budapest level of 22.8 %. The current average rents are between EUR 3.20 and 3.60 /sq m/month + VAT for the warehouse and EUR 7.00 and 8.00 /sq m/month + VAT for the office space. The region is basically driven by logistics activity.
Selected warehouse parks

ProLogis Park Gyál is a strategically located modern logistics centre comprising 9 buildings of approx. 150,000 m2 of distribution and ...

 
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East-Budapest
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22 August 2013

 73 million Euro was transacted on the Hungarian real estate investment market in Q1 2013 according to the international property advisor Jones Lang LaSalle.


Hungary
1054 Budapest
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+36 1 489 02 02
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