MILESTONE EVENT FOR BUDAPEST"S BUD CARGO CITY

In a few months time this building will become the largest complex in Budapest Airport’s dedicated freight terminal, BUD Cargo City.

Today marked the completion of the construction of the external structure of the larger of two warehouse buildings, which between them cover an area of 21,600sqm.

The building work was completed in just nine months, and BUD cargo staff, builders and regional partners celebrated the occasion with a topping out ceremony at Budapest Airport (BUD).

Speaking at the event, BUD's Rene Droese, chief property and cargo officer, enthused: “The topping out ceremony marks another important step towards the opening of BUD Cargo City, which will cement our position as the air cargo hub for Central and Eastern Europe.

“Since record-breaking air cargo volumes and growth in 2018, handled volumes have remained stable at BUD this year, bucking the industry-wide trend for 2019.”

Work will now continue on the interior of the building which will also include office space.

“The pre-leasing ratio of BUD Cargo City demonstrates a clear demand for high-quality facilities, and we believe that with all efforts and steps to create an ideal home for air cargo at BUD, we will attract much more cargo from our catchment zone in the future than today,” added Droese.

BUD Cargo City will also include a dedicated forwarder building measuring 11,200sqm and a 32,000sqm concrete apron.

The new additions, says BUD, will provide additional new parking positions for the simultaneous handling of two Boeing B-747-8F type aircraft, enhancing cargo apron capacities.

Construction of BUD Cargo City is financed by Budapest Airport, and is set for completion by the end of 2019.