Cargo-Partner has agreed to lease 16,000 m[sup]2[/sup] of industrial space at Prologis Park Budapest-Gyal. The logistics services group has operated in Hungary since 1994 and decided to move its headquarters and primary distribution centre in the country to the state-of-the-art Prologis facility. CB Richard Ellis acted as adviser in the transaction.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
