Sauflon CL, which previously occupied 6,300 sqm at ProLogis Park Budapest-Gyál, has leased an additional 7,000 square meters and now occupies 13,300 sqm of industrial space within the park. The transaction between Sauflon and ProLogis also included a lease extension.
– In recent years, ProLogis has become our preferred provider of distribution space – said János Peer, Managing Director at Sauflon CL – The company perfectly understands our specific requirements for industrial space and consistently provides us with high-quality space, as well as professional customer management services. Thanks to its excellent location and high standards, ProLogis Park Budapest-Gyál provides perfect conditions for business development.
– In the last quarter of 2009, we are seeing signs of stabilization in the warehouse real estate market. The leasing of additional space at ProLogis Park Budapest-Gyál by a very valuable client such as Sauflon CL is a signal of increased tenant activity – said László Kemenes, Vice President and Market Officer for ProLogis in Hungary – The fact that the significant increase in space leased by Sauflon CL is accompanied by a long-term lease extension also speaks to the validity of the core elements of our strategy. Thanks to our global industry experience, the strategic location of our buildings, and our focus on customer relationships, ProLogis is a leading provider of distribution space in Hungary.
ProLogis Park Budapest-Gyál currently consists of eight buildings with a total area of 151,000 sqm. The park’s clients include companies such as cargo-partner, Diebold, Geodis Calberson, Iron Mountain, Jöbstl, Menlo, Nagel Hungaria, and Wincanton. The ProLogis portfolio in Hungary includes six distribution parks with 29 buildings and a total distribution area of over 485,000 sqm.