Client:           Prologis

SIZE:             13,000 sqm

SERVICES:    Landlord representation in lease disposal


Cushman & Wakefield was asked by one of its international retailer / e-commerce clients to identify a suitable central distribution hub in the Budapest area and to negotiate the lease terms and conditions between the parties. Cushman & Wakefield was to manage the transaction but to represent the Landlord in terms of fee position.

Cushman & Wakefield industrial experts have identified and detailed all available existing and BTS opportunities on the market. We have contacted all potential existing market players and any potential new market entrants to handle the requirement. Together with our client we selected Prologis Harbor Park as the ideal solution for our client.

Cushman & Wakefield agents negotiated very competitive terms and conditions including:

Ideal rental rates for warehouse and office areas
Flexible ADR solution
Flexible lease term, expansion and extension solution
Above average internal fit-out
New warehouse layout

Our international client was extremely happy with the conditions achieved and is due to move in to the new premises in Q1 2018.