Logicor Acquires 28,000 sqm Freehold Logistics Asset in Budaörs and Consolidates Nearly 100,000 sqm Budapest Cluster

Logicor Acquires 28,000 sqm Freehold Logistics Asset in Budaörs and Consolidates Nearly 100,000 sqm Budapest Cluster

(IN BRIEF) Logicor has acquired a 28,000 sqm freehold logistics property in Budaörs, 12 km west of Budapest, now named Logicor Alligator, which sits adjacent to three existing Logicor parks and together forms a consolidated logistics cluster of nearly 100,000 sqm within the M0 ring road the asset benefits from strong connectivity to the M1, M7, and M0 motorways as well as nearby rail access and is currently 80% leased to a global logistics provider this acquisition strengthens Logicor’s footprint in Hungary where it now operates 172,000 sqm across eight parks along Budapest’s key transport corridors

(PRESS RELEASE) LONDON, 10-Feb-2026 — /EuropaWire/ — Logicor has completed the acquisition of a 28,000 square metre freehold logistics facility in Budaörs, approximately 12 kilometres west of Budapest city centre, further strengthening its presence in one of Hungary’s most strategic distribution corridors. The asset, now branded Logicor Alligator, adds to the company’s existing holdings in the area and contributes to the formation of a consolidated logistics hub of nearly 100,000 square metres.

The property is located within the M0 Budapest ring road and sits directly adjacent to three existing Logicor-managed parks — Camel, Shark, and Pharma — enabling operational synergies and greater efficiency across the combined portfolio. The acquisition enhances Logicor’s footprint in a key logistics location that serves both domestic and international supply chains.

Logicor Alligator benefits from excellent transport connections, including close access to the M1 motorway leading toward Western Europe, the M7 motorway toward the Croatian border, and the M0 ring road encircling Budapest. These links make the site well suited for distribution, warehousing, and last-mile logistics operations. In addition, the property is well served by public transport, with nearby access to Budaörs railway station, supporting workforce accessibility.

Approximately 80 percent of the facility — around 22,000 square metres — is currently leased to a global logistics provider specializing in freight forwarding, contract logistics, supply chain optimisation, ground transportation, and project logistics. This high level of occupancy underlines the strong demand for modern logistics space in the Budapest metropolitan area.

Domonkos Joó, Senior Director and Head of Hungary & Austria at Logicor, emphasized that the acquisition reinforces the company’s long-term strategy of investing in prime logistics locations along major transport corridors. He noted that the consolidation of four neighbouring parks into a single cluster enhances operational scale and attractiveness for existing and future tenants.

Across Hungary, Logicor now manages approximately 172,000 square metres of logistics real estate across eight parks, predominantly located along Budapest’s main transport routes. These facilities are designed to support flexible, efficient, and well-connected distribution operations for both national and regional markets.

Logicor is a leading owner, manager, and developer of logistics real estate across Europe. As of June 2025, its portfolio spans 19 million square metres of warehouse space in key transportation hubs and near major population centres, serving more than 2,000 customers. Headquartered in London and Luxembourg, Logicor operates through dedicated teams across Europe to ensure the smooth flow of goods through supply chains and into communities every day.

About Logicor
Logicor is a leading owner, manager and developer of European logistics real estate. As of June 2025, our portfolio encompasses 19 million square metres of warehouse space in key transportation hubs and near major population centres, enabling us to support over 2,000 customers.

Headquartered in London and Luxembourg, our dedicated teams across Europe ensure that our real estate and extensive network facilitate the seamless movement of goods through the supply chain and into society every day.

For more information visit logicor.eu

Media Contact:

Aleksandra Dojnia
Senior Marketing Manager, CEE
dojnia@logicor.eu

SOURCE: LOGICOR