MediaMarkt opens new logistics center in Budapest
MediaMarkt moved into a new 20,000 sqm logistics center in Budapest. MediaMarkt signed a five year lease with BILK Logisztikai, which it developed specifically for the electronics chain operator. Construction took 10 months to complete. The project is valued at HUF 3.5bn, including roads, parking lots and public utilities. MediaMarkt doubled the size of its leased warehouse space between 2014 and 2016.