The Budapest Real Estate Consultants' Forum (BIEF, BRF), which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its industrial/logistics real estate market data for Q3 2024.
The statement points out that the total modern industrial stock in Hungary amounted to 5,292,750 sqm at the end of Q3 2024. Greater Budapest reached 3,628,840 sqm, while the stock of regional Hungary added up to 1,663,910 sqm. It is noted that one building (4,310 sqm) has been removed from the Greater Budapest stock due to a change in its function.
In the third quarter of 2024, the speculative stock in Greater Budapest expanded with three buildings, totaling 68,770 sqm. Park 22 added 10,110 sqm, Duna Immo Park Logistics Center in Fót handed over 4,250 sqm, and WLP Ferihegyi Business Park V4 in Vecsés delivered 54,410 sqm. In the regional markets, two new handovers were recorded: VGP Park Kecskemét's E1 building with 17,880 sqm and Inpark Debrecen with 70,000 sqm.


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