Fiege Grows into Remaining Space at Prologis Park Hegyeshalom

Prologis, Inc., the leading global owner, operator and developer of industrial real estate, today announced that Fiege, one of Europe’s leading logistics providers has renewed its 8,300 square metre lease in DC1 at Prologis Park Hegyeshalom, and expanded by another 3,100 square metres, taking all remaining developed space in the facility.

Gergely Hepp, managing officer for Fiege in Hungary said: “Specializing in integrated supply chain solutions for several different industries, the complex services we provide has generated more business opportunities with new customers. Being pleased with our facility at Prologis Park Hegyeshalom, we have decided to expand our lease, since this high quality, strategically located facility fulfils our specific requirements. We found Prologis’ professional customer management team and their flexible approach very helpful.”

“We are delighted to continue serving Fiege—a repeat customer across Europe—at Prologis Park Hegyeshalom,” said LászlóKemenes, vice president and market officer for Prologis in Hungary. “Hegyeshalom, our only Hungarian development outside the greater Budapest area, is becoming an increasingly important strategic hub for our customers’ regional logistics activity, with easy reach to three markets – Austria, Hungary and Slovakia.  Now boasting 100% occupancy, the park is proving to be a strategic success.”

Prologis Park Hegyeshalom is located in western Hungary’s “magic triangle” (between Vienna, Bratislava and Győr), providing easy access to Vienna, Bratislava and Budapest via the M1 and M15 motorways. The park comprises one building totalling 24,100 square meters, and has a total potential of six facilities totaling 150,000 square meters of state-of-the-art distribution space.

Prologis’ portfolio in Hungary totals more than 490,000 square metres of industrial space and includes five parks in the Budapest region (Gyál, Harbor Park, Százhalombatta, Szigetszentmiklós, Budaörs) and one in Hegyeshalom. With a regional portfolio totalling more than 3.5 million square metres, Prologis is the leading provider of distribution facilities in Central & Eastern Europe (as of Dec. 31, 2012).