A landmark logistics hub enters the market

 

The highly anticipated sale of eMAG's state-of-the-art logistics warehouse in Hungary marks a pivotal moment for commercial real estate in Central and Eastern Europe (CEE). This facility, sprawling over 100,000 square meters and strategically located near Budapest in Dunaharaszti, was eMAG's first logistics center built outside Romania and quickly became the largest of its kind in the region.

 

Originally constructed with a substantial investment of 100 million euros, the warehouse is now available as part of a comprehensive restructuring program initiated by eMAG's majority shareholder, Prosus. This move comes after its Hungarian subsidiary recorded significant operational losses, prompting a strategic realignment to ensure long-term sustainability.

 

Unlocking strategic value: an investment opportunity

 

The announced asking price for this expansive industrial property is 94 million dollars, presenting a compelling investment opportunity below its initial development cost. For businesses seeking a ready-to-operate, large-scale distribution hub, this transaction offers immense potential to capitalize on established infrastructure and a prime location.

 

Prosus aims to finalize the sale by April of next year, indicating a clear timeline for potential buyers. Despite recording a 2 million dollar loss for eMAG Hungary in the fiscal year 2025 due to the restructuring, these proactive measures have already helped the company achieve a break-even point in the second half of the fiscal year, signaling improved operational efficiency and a well-managed transition.

 

Why this hungarian logistics center stands out

 

This Dunaharaszti facility is not just a warehouse; it's a critical component for regional distribution. Its substantial size and advanced design make it ideal for e-commerce, retail, manufacturing, and third-party logistics (3PL) providers looking to expand or consolidate their operations across CEE.

 

The proximity to Budapest ensures excellent connectivity to major transportation networks, facilitating efficient supply chain management and faster market access.

 

Acquiring this flagship property means gaining immediate access to a robust logistics infrastructure that has proven its capacity to handle large volumes and complex operations, ready to support ambitious business growth strategies in one of Europe’s most dynamic economic regions.

 

Source: stiripesurse.ro