Prologis, Inc., a global leader in industrial real estate, has begun construction of an 8,000-square-meter build-to-suit facility (DC2) at Prologis Park Hegyeshalom for Fiege, one of Europe’s leading logistics service providers.
The company has also extended its lease for 11,400 square meters in Building 1 at the same park. Currently, Fiege leases 126,000 square meters across five Prologis parks in Europe. The newly constructed 8,000-square-meter facility is the second building in this fully leased logistics park.
– Fiege specializes in comprehensive integrated supply chain management for companies across various industries, opening up new business opportunities for them. We are pleased with the performance of our warehouse at Prologis Park Hegyeshalom to date. The growth of our business prompted us to extend our lease and rent an additional building that meets the specific requirements of our daily operations. The professionalism of the team managing the contract and Prologis’ flexible approach also significantly influenced our decision – said Gergely Hepp, Managing Director of Fiege.
– With the consolidation of the Hungarian market, we are seeing growing interest in expanding cooperation among our existing customers – said László Kemenes, Senior Vice President and Country Manager for Prologis in Hungary. – Hegyeshalom, the only Prologis park in Hungary located outside the Budapest region, has been fully leased for many years. It has become a strategic logistics base for Fiege for distribution in the region, primarily due to its excellent connections to Austria, Hungary, and Slovakia.
Currently, Prologis Park Hegyeshalom consists of one building with an area of 24,100 square meters, fully leased to Fiege and SMR. The park can be expanded by an additional 112,000 square meters. It is located in western Hungary, between Vienna, Bratislava, and Győr, and provides excellent connections between these cities via the M1 and M15 motorways. Prologis is a leading provider of distribution facilities in Hungary, offering over 612,000 square meters of warehouse space across 6 logistics parks (as of September 30, 2015).