Irish Logistics Provider Became the Neighbour of Decathlon

Maurice Ward signed a lease for 6.000 square meters with OXYLANE in Hatvan

A major commercial real estate transaction of the third quarter of 2011 was concluded in Hatvan. With the support of CBRE, the Irish international transport and logistics provider MauriceWardleased 6,000 square meters at the OXYLANE warehouse, which serves Decathlon’s stores in Romania and Hungary and belongs to the parent company of the sports store chain. Commenting onthe transaction Gergely Baka, Head of Industrial Agency at CBRE Budapest added: „This lease confirms the trend that industrial and logistics property market is becoming more active in regional cities at favourable locations. Industrial traditions, vicinity of Budapest and good motorway infrastructure all justified Hatvan as a perfect location for such a move. ”