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ProLogis extends lease agreements in Hungary

ProLogis, a global provider of distribution facilities, has announced the extension of lease agreements for 13,300 square meters of space in ProLogis distribution parks near Budapest.

ProLogis extends lease agreements in Hungary

The agreements were extended with the following companies:

• Budapest Papír, a wholesale paper distributor in Hungary belonging to the PaperlinX Group, currently occupying 6,760 square meters of space in Building C at ProLogis Harbor Park – a modern logistics complex strategically located in the southern suburbs of Budapest, along the M6 motorway and the Danube River, just 12 km from the business center of the Hungarian capital.

• Geodis Calberson Hungaria, a European provider of groupage forwarding and express delivery services, leasing 6,550 square meters in Building 3 at ProLogis Park Budapest-Gyál, located 18 km southeast of the capital’s center and 17 km from Budapest International Airport. The complex is situated by the M5 motorway, leading south to Serbia and Romania, and near the M5-M0 motorway junction.

– Once again, we have proven that thanks to our offer of high-quality facilities in strategic locations and professional property management services, we can fully meet the needs of our customers – said László Kemenes, Vice President of ProLogis in Hungary. – We are pleased to continue our long-term cooperation with two such important clients for us.

The ProLogis portfolio in Hungary consists of over 484,000 square meters of warehouse space in six centers located in Budapest (Gyál, Harbor Park, Százhalombatta, Szigetszentmiklós, Budaörs) and Hegyeshalom. In Central and Eastern Europe, ProLogis manages 3.7 million square meters of space across 41 distribution parks.