Prologis has sold Prologis Park Hegyeshalom in Hungary to Horvath Rudolf Intertransport, a Hungarian logistics services provider. The fully leased class A logistics facility offers 32,300 sqm of space and 24 ha of land. The cost of the deal was not disclosed. “Our strategy is to focus on high-barrier markets that show strong demand amid low vacancy,” said László Kemenes, senior vice president and country manager at Prologis Hungary. “In line with this principle, we will continue to focus on core locations in the greater Budapest area.” Prologis was represented by JLL during the deal, while Deloitte advised Horvath Rudolf.
