Recorde and Panattoni JV Leases 51,000 sqm Following Expansion by Fiege

The development of Panattoni Park Moson, undertaken through a strategic joint venture between Recorde Asset Management and Panattoni Hungary, has secured full lease commitment across two buildings in Mosonmagyaróvár, located at the Austrian–Hungarian–Slovak triple border, directly adjacent to the M1 motorway.

The location offers exceptional connectivity for international freight and logistics, providing direct access to the key markets of Vienna, Bratislava, and Budapest, as well as several major industrial hubs across the wider region.

Fiege’s local subsidiary, Fiege Szállítmányozási és Logisztikai Kft., has signed new lease agreements covering 33,000 sqm, increasing its total footprint within the park to 51,000 sqm across two built-to-suit (BTS) facilities.

The latest commitment includes:

The remaining 10,000 sqm in the first phase (totalling 28,000 sqm), scheduled for completion by spring 2026, and

A new 23,000 sqm second building, due for handover in Q3 2026.

This expansion will enable Fiege to scale its on-site operations in phases, supporting its multinational client base.

The development places a strong emphasis on sustainability, targeting BREEAM “Excellent” certification and incorporating one of Hungary’s first truck charging facilities. These features support the long-term development of electromobility infrastructure and help reduce the carbon footprint of logistics operations at the site.

“We are very proud of the leasing success at our joint Mosonmagyaróvár project with Panattoni, which is a testament to the quality of both the location and the development. We believe the property is uniquely positioned to serve Fiege over the long term and will form a compelling investment product in the regional market as we execute our development strategy,” said Christofer Pehrsson, Transaction Director, Recorde Asset Management

The properties are being developed under the Recorde Panattoni RPM funds, managed by Recorde Asset Management. Established in 2023 as part of the Concorde Group, Recorde is an alternative investment fund manager focused on building a leading pan-European real estate investment platform. The company manages tailored, project-specific, ring-fenced funds and has launched six vehicles to date, with exposure across logistics, accommodation, and office assets.