Industrial/Logistics

Tenants get the upper hand - Budapest boasts cheapest logistics market

Monday, 16 January 2012, 8:00
There are still no new yields on the Hungarian industrial property market. While the amount of new property stagnates, thanks to the collapse of a few companies (or their reduction in size), the number of vacant spaces keeps increasing. So, it is no wonder that vacancy rates are tenaciously on the rise. It is impossible to predict with any sort of precision when exactly this downslide...
 

Green warehouses in bloom

Monday, 9 January 2012, 9:00 Environmentally-friend­ly, energy efficient, e solutions are springing forth in an increasing number of real estate projects. Beyond the most obvious examples, modern technologies have recently made a debut in segments of the market that fall outside...

Hungarian logistics market lags behind

Thursday, 5 January 2012, 13:00 There’s no good news from the industrial real estate market, despite the transaction announcements that keep arriving weekly from several countries in the region. Is it only the Hungarians who are doing so poorly or is the entire region in stagnation?...

Logistics market comes to a halt

Friday, 8 April 2011, 8:00 In the midst of the crisis, most real estate market specialists believed that one of the most flexible segments of the real-estate market was the logistics sector. This sector was expected to be the quickest to adapt to the new circumstances and to recover...

Three more years of moratorium - The Government is supporting it, but the rest is up to Brussels

Thursday, 14 October 2010, 9:15 Many believe that the land is our national sovereignty and, thanks to the resources it contains, the basis of our long-term sacurity. Thus, it is one of the community’s highest priorities that its ownership does not get placed into foreign hands...

Brands are still very choosey

Thursday, 7 October 2010, 8:00 The majority of news reports as well as statistical data all provide a negative picture of the domestic retail market. What are the short- and mid-term expectations for the retail market? Which submarkets are the strongest and the weakest? Have there...

Twenty ten: Not the year of handovers - Is the regional logistics market over the worst?

Tuesday, 5 October 2010, 8:00 Amongst the various submarkets, the logistics real estate market is the one, traditionally, to react most quickly and efficiently to changes in the real economy. So, it is no wonder that hardly any new industrial property developments were handed over...

Tesco to rent new Agrogate base

Monday, 25 June 2007, 9:40 The Agrogate center in Herceghalom-Zsámbék is to be enhanced with a new 15,000 square meter facility this autumn.

H: logistics land port?

Monday, 11 June 2007, 10:55 Hungary might play the part of a unique land port for the international logistics market, according to the new concept described by the Special State Secretary for the Ministry of Economy and Transport. Shipments from South Eastern Asia could come to...

Gönyű: new bid for the harbor

Tuesday, 29 May 2007, 12:28 Unsuitable applications, unsuitable competitors - it is not by chance that these are the first thoughts that spring to mind when we hear the news that no developer has yet been found for one of the most important logistics projects in the period to come:...

Logistics, mania, real estate

Monday, 16 April 2007, 15:28 Sometimes the press happens to publish humorous news items where you'd least expect to see them: Two employees from the French logistics company, FedEx, traveled from Paris to Vienna. Only, they didn't mean to. After a rainstorm caused some minor confusion...

New industrial parks may emerge

Monday, 16 April 2007, 15:25 This year, eleven more industrial parks were added to the already existing pool. As for industrial parks previously completed, not one lost their standing based on an inability to fulfill the criteria specified in their contract. In those cases, agreements...

Budapest shipping up

Monday, 16 April 2007, 15:23 By the end of this year, a new warehouse complex near the airport will be added to the market stock. However, the voluminous urban logistics project actually began in the 9th district. Meanwhile, completion of InNove Business Park in October was announced...

70 billion towards logistics in seven years

Monday, 16 April 2007, 14:41 Hungary's first full cycle of EU financing certainly brought about a multiplication of logistics subsidies. As in many other areas, the amount available in this sector for development is also growing by leaps and bounds in comparison to previous years....

Two Americans in Hungarian parks

Monday, 19 March 2007, 13:12 The foundation stone for Hungary's first integrated commercial center was laid in Vecsés at the beginning of March. Market Central Ferihegy (MC Ferihegy) will be located on 16 acres of land next to the airport, is to be realized with an investment of...

The third party is Harbor

Monday, 13 November 2006, 14:08 Recent Harbor Kft projects have proven that there is indeed demand for "third-party" development enterprises, states the Harbor manager Tamás Wachler. The firm left Harbor Park a year and a half ago and sought new investments.

New prospective EU members in the logistics market

Monday, 13 November 2006, 13:19 The EU membership of Romania figures to reduce the competitive advantage of the Hungarian logistics market, and some multinational companies will likely choose Hungary's southeastern neighbour as a base in the region as a result. "However, companies presently...

Military operations in peacetime

Monday, 15 May 2006, 13:29 A branch of science once considered part of military strategy has become one of the most important aspects of production and commerce. According to Péter Urbanek, operations director of shipping company the Waberer Group, it is not only that a strengthening...

Taszár: Gate to Asia?

Tuesday, 2 May 2006, 12:21 Government players and foreigners wishing to invest in the Hungarian countryside are paying ever more attention to Hungary's smaller airports. Discount airlines have recently begun appearing in increasing numbers at city airports, while ministers and...

UPS expanding flight network in China

Tuesday, 2 May 2006, 11:43 "UPS announces the introduction of a direct flight from Shanghai to Europe, a further three new flights will connect Shanghai and the USA, and a new flight is also planned between Qingdao and Incheon in Korea." David Abney, president in charge of UPS...

Logistics in service of the country

Tuesday, 2 May 2006, 11:36 Professor Dr. Imre Knoll's third book in his trilogy "Logistics in the 21st Century" is due for release at the end of May. Entitled Interdisciplinary Logistics in Economic Policy, volume three features the author's summarizing the findings of his corporate...

The last two years a wild ride, with some way to go yet

Tuesday, 2 May 2006, 11:02 "The market on Budapest is already saturated," believes BILK Logistics Rt. CEO Miklós Marján. "Building logistics parks near the capital is not worth it for investors." Marján added that the Hungarian market has undergone substantial changes since joining...