The first phase of the 21,000 sqm LogiCube Park in the Budapest area, which will be built in four phases, is on schedule for completion in the last quarter of 2022. The first tenant, Bufab Hungary Kft., a Supply Chain partner for C-parts, has signed a lease contract for nearly 2,000 sqm of warehouse and office space. The next, second phase, is in the planning stage and the pre-sale of the space has already started.
The LogiCube Park, developed by DEFACTORING Zrt., is set to offer outstanding technical solutions, sustainable warehouses along with high-quality office space, primarily for small and medium-sized enterprises. Construction of the greenfield project, which launched in 2015, started in 2021. Built-in four phases with modern and sustainable technical solutions, the park’s facilities will offer between 1,000 and 7,500 square metres of rentable “A” class warehouse and office space, as well as internal parking for tenants. The first phase – 2,550 sqm – is expected to be delivered in the last quarter of 2022.
As part of its expansion, the Swedish-based Bufab Group was looking for a location close to Budapest, which is easily accessible by motorways and public transport. The company will lease nearly 1,500 sqm of warehouse space and more than 380 sqm of office space in Building B.
“We are very pleased to have found the perfect location for our new Hungarian branch in a relatively short time, which was needed for our expansion. In addition to sustainability aspects (e.g. solar panels, green facade), our need for office space linked to warehouse space, flexible technical specifications and good accessibility were all in favour of LogiCube Park,” said András Erdélyi, Managing Director of Bufab Hungary Kft.
“During the design phase, we placed great emphasis on energy-efficient solutions, which, among many other benefits, was a key consideration for our new client. The joint rental of warehouse and office space is an ideal solution for us, so we are particularly pleased that our first tenant has chosen this construction”, said Oliver Nagy, CEO of DEFACTORING Zrt. “There is a strong interest in the development, the lease negotiations continue, in which 108 Agency is our exclusive partner”.
Construction of the first phase of the logistics park started in November 2021 and is expected to be handed over in the fourth quarter of 2022. The development will be ongoing, with the final phase expected to be completed by 2028. The LogiCube Park is located with easy and quick access to both the capital and the M0/M1/M7 motorways, making it an ideal choice for the logistics needs of small and medium-sized enterprises. The park is also accessible by public transport thanks to the railway station and bus stop nearby.