Location: Hungary, Budapest
Type: Investment plots
Ikarus Industrial Park is located in the 16th District of Budapest adjacent to a large residential neighborhood.
The Park has a total land area of over 280,000 square meters with a lettebale area of 110,000 square metres of workhalls flexible office, logistics and warehouse space. Ikarus is home to a mix of international and local users. Commercial tenants include vehicle manufacturers, logistics and storage firms, business administration and consulting companies.
The longer term aim for the park is to achieve a new zoning for a new multifunctional development including a commercial/retail strip and possibility of plot division. The new concept will allow a much better land usage will increase considerably the total built area and will increase considerable the value of the property. Atlas owns 100% of this asset.