Chinese giant signs lease agreement near Hungarian border

Portfolio
BYD Electric Bus & Truck Hungary has signed a lease agreement with CTP Hungary and took possession of a 5,000 sqm industrial hall at CTPark Komárom in the first half of the year. The modern facility supports the company's green vehicle operations, Property Forum reported on Wednesday
CTP
The Portfolio Property Investment Forum 2025 conference will also feature panel discussions on industrial property and logistics.

As first reported by Portfolio, BYD Electric Bus & Truck Hungary has leased a 5,000-square-metre industrial hall in CTPark to house its green vehicle operations. The hall offers specialised industrial infrastructure.

The newly constructed building was designed for high-tech operations and features large drive-in gates, additional electrical capacity, and an advanced power network.

"It was crucial for us to find a partner who not only responded flexibly to our special technical requirements but was also able to implement them quickly and reliably from a single source," said Henry Zhang, Managing Director of BYD Electric Bus & Truck Hungary. He highlighted that CTP's one-stop-shop implementation model facilitated the project by coordinating everything from planning and construction to licensing.

The location near Komárom and the site's transport links and access to skilled local workforce enhanced its attractiveness. The hall is targeting a BREEAM "Excellent" certification and meets high environmental standards. A rooftop solar panel system is planned for commissioning in Q4 2025.

The investment will create new jobs and contribute to electromobility growth in Hungary, supporting the country's green transition objectives,

said Dr. Ferenc Gondi, Managing Director of CTP Hungary. 

Cover photo: Property Forum

 

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