Construction milestone for dedicated freight terminal at Budapest Airport
Topping out ceremony marks structural completion of BUD Cargo City’s largest building only nine months after construction began.
Builders have completed construction of the structure of the largest building in Budapest Airport’s (BUD) dedicated freight terminal, BUD Cargo City.
The external structure of the larger of two warehouse buildings, which covers 21,600m2, was completed in only nine months, and BUD cargo staff, builders and regional partners celebrated with a topping out ceremony.
Speaking at the event, Rene Droese, Chief Property and Cargo Officer, said: “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,” said Droese.
BUD Cargo City will also include a dedicated forwarder building measuring 11,200m2 and a 32,000m2 concrete apron.
This 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 in the fourth quarter of this year.