West Hungary region

Industrial properties, warehouses, logistic parks

In West Hungary (Transdanubia), CBRE calculates the modern industrial stock to be 2,840,000 sq m, making up 34% of the total countrywide stock (8.3 million sq m). This region is home to the country’s three largest industrial hubs outside Budapest, namely Győr, Székesfehérvár and Tatabánya, which together comprise more than 1.5 million sq m industrial space.

Landlords and developers in the region

Of the three major regions in Hungary, Western Hungary has the highest share of owner occupied buildings, accounting for 85% of the total stock in the region. Despite this, numerous international developers (eg. Prologis, VGP, CTP) are present in the region and several domestic and foreign institutional investors have made acquisitions here in the past few years (eg. M7 Real Estate, Blackstone, Lonestar, CTP, OTP Ingatlanalap).

In 2016 the region saw 143,000 sq m of new industrial supply, which represented a 43% decline from the preceding year. The two largest developments were Coloplast’s new production facility on 36,000 sq m in Tatabánya Industrial Park and Alumetal’s 24,000 sq m production unit in Komárom.