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Prologis Acquires M0 Central Business Park in Hungary

Prologis, Inc., the global leader in logistics real estate, announced that Prologis European Properties Fund II (PEPFII) has acquired M0 Central Business Park in Hungary from IDI Gazeley.

Two newly acquired, 100 percent let, facilities totalling 31,443 square metres will become part of the adjoining 98-percent let Prologis Park Budapest-Sziget, which currently comprises seven buildings totalling 150,000 square metres.

The park is southeast of Budapest in the sought after industrial zone of Szigetszentmiklós, which has direct access to national and international road networks via the M0 ring road.

JLL facilitated the transaction.

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