Rent your warehouse for twice as much: we’ll show you how

If you rent, energy efficiency is a competitive advantage, as the rent for modern, refrigerated, insulated, high-ceilinged warehouses in and around the capital and its largest cities can be as much as twice that of 30-70-year-old “industrial monuments”. Looking at the national average, more modern, newer buildings can be rented up to 66 percent higher, at more than 5 euros per square meter. In many cases, the domestic warehousing market is unable to meet customer expectations, as only a few facilities meet the increased expectations. Thus, the modernization and insulation would be suitable for the warehouses for rent, according to a joint survey of, Ingatlantájoló.hu and Knauf Insulation.

The database of and Ingatlantájoló.hu contains more than 640 warehouses for rent and sale throughout the country. Up to half of them are what are truly up-to-date and meet modern warehousing and logistics requirements.

Energy-efficient warehouses are more expensive, but almost all are issued
There is a gap not only between the capital and the countryside, but also between the old and modern warehouses. While the average rent for an average, non-renovated, barely protected from heat and cold is around € 3-4 per square meter, the state-of-the-art, high-ceilinged, summer-heated, winter-heated, highway-priced halls are priced at up to 5 -8 EUR / m2 / month, ie they can find a tenant for up to twice the average price of the outdated warehouse buildings to be renovated.

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It is therefore worth modernizing and insulating the buildings for rent.
“Any warehousekeeper who offers an ‘tin box’ or an ancient, perhaps at most calcified ‘stone pile’ to an increasingly demanding customer in just one ice-cold winter and not even protected from the heat in the summer cannot expect a really high return and will have plenty of difficulty in publishing,” he said. Antal Ballagó, Sales Manager of the Home Map Group, which also operates the website.
According to the expert, it is worth modernizing and insulating, because not only can the rent double, but they can also choose from a much wider range of tenants, and the value of their property will increase significantly.

The pandemic has amplified the expansion of demand
It became common after the outbreak of the 2020 epidemic that there was a shortage of warehouses of a certain size and location, as well-located, more modern or at least refurbished warehouses were used by countless e-traders and their partners due to the expansion of online commerce.
In the central region and in the north-western Transdanubia region, the pandemic “found” a market with already 90–95 percent capacity utilization, raising the storage needs of online logistics companies even higher. On a modern base in Budapest and Pest County, even those looking for a larger, cohesive area and outstanding services cannot always find extra space, even at the higher price of 7-8 euros per square meter.

Location is extremely important not only for residential properties, but also for warehouses
The truly modern buildings for rent are also geographically concentrated in one place. Fifty-one of a hundred new or new or renovated, insulated warehouses are located in the capital, in the catchment area of ​​the M0 motorway, and in Central Transdanubia.
Budapest and the agglomeration are just as prominent here as in other real estate market segments. This difference is only exacerbated by the fact that the only internationally significant air cargo base in the country is Liszt Ferenc International Airport, so the above proportions are also influenced by the large logistics bases around the international airport and the construction of many warehouses along the M0 motorway. as this route is the meeting point of east, west, and south and north.

The vast majority of the remaining, 49 percent rental warehouse is located in the largest rural industrial cities, along the highways leading to it, so Székesfehérvár, Tatabánya, Győr, or Kecskemét, Debrecen, Miskolc and Nyíregyháza are the target cities. In the countryside, large, continuous, high-quality warehouses offered from 1000-2000 square meters upwards are of little character.

Proper insulation can reduce costs
In the case of modern hall walls that are not insulated with sandwich panels, layered insulation of rock wool up to 20 cm thick, glass wool or a combination of the two is not uncommon today, and stepped rock wool 25-30 cm thick on top of the building meets the strictest energy efficiency standards meets.

“Warehouse buildings primarily have a revenue-generating function, in which the energy efficiency of the property plays a decisive role, as it does not matter how much of the tenants or owners of the buildings are forced to spend on heating or cooling,” said Tamás Aszódy, Managing Director of Knauf Insulation Kft. . “So it can be said that the energy efficiency of industrial properties is a competitive advantage at a time of rising energy prices, on which even the success of a business can depend,” the expert added.

Energy-efficient warehouses are more expensive, but almost all are issued. Investments in modernization and insulation will pay off in a short time, as the market is saturated and the demand for modern warehouses is huge. The survey also highlights that differences in the energy efficiency of industrial properties are also reflected in rents and operating fees. In contrast, the rent for old logistics buildings – depending on location, condition, size and technical capabilities – can be as much as half or a quarter of the rent for a modern, energy-efficient warehouse building. Due to the dramatically poor energy efficiency characteristics of outdated properties, higher heating and cooling costs mean additional operating costs for the tenant. Thus, all expenses, regardless of the condition of the property, are about the same, but the comfort is far from the same.

Are you looking for industrial real estate, a warehouse, an office in Budapest, around the capital, or elsewhere in the country?

Look around the freshly renewed and on our pages!

Source: Ingatlanhírek by

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