We are happy to share that our client, a leading Pan-European logistics and semi-industrial real estate developer VGP has kicked off the construction of the new VGP Park Győr Béta, which will be the second VGP park in Győr. The park is located in the industrial area of Győr, ca 4 km from the M1 highway connecting Budapest and neighboring capitals Vienna and Bratislava. Győr is the industrial, economic, business, educational and cultural center of the Northwestern region of Hungary, one of the most innovative and most dynamically developing city in the country. Due to its strategic location with direct connections to the capital cities in the region, the city is a proven logistic hub. In addition, the city hosts several automotive suppliers. The new park offers quality infrastructure, including public transport on site.
LKT real estate partner Attila Ungár commented: “We witness complex developments on the logistics and semi-industrial real estate market, which reform the sector from construction to property management overall. Further to changes caused by COVID-19, the logistics and industrial real estate market became extremely dynamic. In parallel, green solutions, technological development and automation also gain on importance throughout the development.”
Our VGP team includes: Partner Attila Ungár, Tamás Balogh and Kata Molnár Attorneys.