IAD Investments enters Hungarian market by it's newest acquisition

IAD Investments has acquired a logistics complex in Budapest, in the Dunaharaszti Industrial Park on behalf of it's Prvý realitný fond. The purchase of the logistics complex is the first acquisition of IAD Investments in Hungary and represents a successful entry into the Hungarian real estate market.
Logistics park South Base is a combination of city logistics and big-box warehouses. The Dunaharaszti Industrial Park is approximately 15 km far away from the center of Budapest. Warehouses offer nearly 27,000 m2 of leasable area of logistics space. Storage units in the logistics park are currently fully leased. Composition of tenants is a balanced mix of Hungarian branches of large multinational companies and local, small and medium-sized companies.

Press release