Hungarian-owned real estate developer Faedra Group has opened its business and industrial park in the Southern part of the capital. The Faedra22 Park, an urban “last-mile” logistics and office facility is fully leased.
The nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the summer of 2023. Four international and local companies are leasing approximately 14,500 sqm of warehouse space and 2,000 sqm of office space.
The facility is located in the XXII district of South Buda, at the intersection of the M0-M6 highway and main road No 6, only 15 km away from the city centre, and also easily accessible by public transportation (both buses and trains). Due to its vicinity to the city centre, the building is excellent for “last-mile” logistics operations.
“Systems to support green solutions for sustainability – electric charging stations and a heat pump system responsible for cooling and heating – have been implemented. The installation of solar panels and the building’s certification are still in progress, and the industrial park will soon achieve a BREEAM In-Use ‘Very Good’ rating.” said Bence Boronkay, CEO of Faedra Group.