Munich, and the world, get the message
Budapest Airport was a successful partner at the Hungarian capital’s joint stand in the largest European real estate and property investment forum in Munich, Expo Real, which attracted 1764 exhibitors from around the world, a 3% increase on 2015. Steadily increasing passenger numbers, above-average air cargo development and a series of property investments at the airport: these were the main messages presented by Liszt Ferenc Airport. The 120-square-metre joint stand was shared with Budapest Municipality, the Hungarian Investment Promotion Agency and a series of property developers from Hungary.
The flagship property project of Budapest Airport is the joint development with WING Zrt. of an on-airport hotel within walking distance of Terminal 2.
The ibis Styles Budapest Airport Hotel will be opened by the end of 2017 with 145 rooms and large conference facilities. Construction has begun.
Budapest Airport is also building a series of warehouses and office buildings for the integrator community. The construction of a new DHL Express warehouse (6.071 m?) and office building (2.380 m?) is under way and is planned to be completed in summer 2017, and thus three branches of DHL Hungary (including DHL Freight and Global Forwarding present since 2013) will have their bases at the airport.
With air cargo developing dynamically in Hungary, the airport has started negotiations with future partners to develop a dedicated Cargo City near Terminal 2.
Budapest Airport Property Director Ren?
Droese said: “We have witnessed increasing interest towards Budapest and the airport. The real estate market is seeing Hungary as an extremely attractive investment location with a secure legal and economic background. “We see solid growth in passenger traffic and increase in air cargo high above the European average. The ongoing hotel development is sure to add to the touristic values of Budapest, while the cargo and integrator developments are contributing in the long run to economic growth and job creation at and around the airport.”
- ^ Budapest Airport (budapesttimes.hu)
- ^ Director Ren?
- ^ European real estate (budapesttimes.hu)
- ^ Liszt Ferenc Airport (budapesttimes.hu)
- ^ WING Zrt (budapesttimes.hu)