TDG PICKS INDUSTRIAL SECURITIES’ WESTLOG DC FOR NEW CEE BASE
Industrial Securities has secured a letting at its WestLog Distribution Centre in Biatorbagy,
Hungary.
Following the announcement last month that TDG would be expanding its operations into
Central Eastern Europe (CEE), the European supply chain specialist, has subsequently taken
office space at Industrial Securities’ WestLog DC in Biatorbagy, near Budapest. TDG will
occupy the best quality offices at the distribution centre with a view to increasing its
occupancy as the company takes on new contracts.
WestLog DC is strategically located to the west of Budapest, adjacent to the main motorway
hub and will provide TDG with immediate access to 63,172 sq m (680,000 sq ft) of
warehousing facilities, as well as the flexibility to take on and offer additional storage, cross
docking and consolidation services.
On the letting, Nigel Lax, director of Industrial Securities, commented: “We pride ourselves on
being able to offer flexible and innovative tenancy agreements, in order to accommodate the
needs of growing businesses in a difficult economic climate. For such a well respected
company as TDG to endorse the scheme is fantastic and we are positive that the company’s
expansion plans will result in additional space being taken at WestLog.”
WestLog (www.westlogdc.com) is one of the largest high-bay warehouse complexes in CEE
offering wide range of solutions for all temperature segments. The Distribution Centre, that
provides flexible and secure warehousing for up to 120,000 pallets, is currently 36% occupied
and is home to existing tenants such as; Dachser, DSV, Holleman, Eurodoc.
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About Industrial Securities
Industrial Securities (IS) is a private property company that specialises in the acquisition,
development and management of logistic warehousing and commercial property throughout
Europe. Industrial Securities owns in excess of 1,000,000sqm of space. IS is owned by the
two founders of the Industrial Securities Group, Stephen Lawrence and Nigel Lax, as well as
the private equity investors which control the Marcol Group.
Corporate Document Disclaimer – Industrial Securities
This document has been prepared by Industrial Securities The details in this press release
provide general information only it is not intended as investment or financial advice and must
not be relied upon as such. You should obtain independent professional advice prior to
making any decision. This press release is not an offer or invitation for subscription or
purchase of securities or other financial products.
For further information on Industrial Securities , please contact:
Vivien Wastell: +352 24 69 99 1
Vivien.wastell@industriallsecurities.com