Logicor has signed a new lease agreement with one of Hungary’s leading IT distribution companies for 5,580 sqm of warehouse space at Logicor Alligator Budaörs, bringing the property to 100% occupancy. Acquired by Logicor in December, 2025, the latest lease signed in quick succession demonstrates the strength of demand in the Budaörs area.
CHS, a nationwide IT distribution company headquartered in Budaörs, selected the facility to support its growing operations and expanding inventory. The proximity of Logicor Alligator to the company’s headquarters made the location particularly attractive, allowing it to increase its storage capacity while maintaining efficient logistics operations close to its main office.
The logistics park comprises approximately 28,000 sqm of warehouse and office space and is located within the M0 Budapest ring road, around 12 kilometres from Budapest city centre. The property benefits from excellent connectivity, with immediate access to the M1 motorway towards Western Europe, the M7 motorway towards the Croatian border, and the M0 ring road, making it ideally suited for both national and international distribution.
Domonkos Joó, Senior Director and Head of Hungary & Austria at Logicor, said:
“This transaction highlights the continued strong demand for well-located logistics space in the western Budapest submarket, despite a more competitive market environment, particularly amongst those focussed on efficient distribution operations. The fact that Logicor Alligator Park has reached full occupancy shortly the acquisition demonstrates both the attractiveness of the location and our customer-centric approach.”
The deal also reflects the evolving role of Budaörs, which has gradually transformed from a traditional industrial area into a mixed-use commercial and logistics hub as the city has expanded around it. Today, the area remains one of the most competitive logistics locations in Hungary due to its proximity to Budapest and its direct access to the country’s key motorway network.
Logicor has been active in Hungary for nearly a decade, managing a major part of its domestic portfolio in and around Budaörs. The company operates 172,000 sqm of space across eight parks located along Budapest’s main transport corridors, providing flexible and well connected facilities for domestic and regional distribution.
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