HGL signed a lease agreement for another 10,000 sqm in the HelloParks industrial real estate developer’s Maglód megapark. The dynamically-growing logistics service provider started operations last year on 5,000 sqm in the MG1 warehouse of the industrial and logistics park located near the Budapest Ferenc Liszt International Airport. With the
Four-Year Framework To Create Better Connected Sustainable City Region CBRE has been appointed to a four-year framework designed to support the delivery of Greater Manchester’s ambitious transport vision, underpinning the region’s drive towards a better-connected, greener, and more sustainable city-region. The Transport for Greater Manchester (TfGM) Professional Services Framework is
Cordale Housing Association, a subsidiary of Caledonia Housing Association, has officially completed a significant housing development at Dalquhurn Lane in Renton, delivering 25 high-quality new homes for the local community. A handover ceremony to mark the completion of the £5.4 million development was held on site, with new tenants Angela
HGL signed a lease agreement for another 10,000 sqm in the HelloParks industrial real estate developer’s Maglód megapark. The dynamically-growing logistics service provider started operations last year on 5,000 sqm in the MG1 warehouse of the industrial and logistics park located near the Budapest Ferenc Liszt International Airport. With the current expansion, it will now conduct its activities on a total of 15,000 sqm. HGL plays a key role in processing e-commerce goods arriving in the European Union through Hungary. The company handles product arrival, customs clearance, and forwarding to the European market in Maglód, which requires fast turnaround, modern infrastructure, and reliable operations. “HelloParks Maglód offers a modern and predictable operating environment that fully meets our fast-paced and high-volume logistics needs. Based on our experience over the past year, it was clear that we wanted to further expand our capacity here,” said Paul Szeman, Chief Executive Officer of HGL Group. The current agreement not only signals HGL’s strengthening but also proves the viability of HelloParks’ airport-proximity strategy. The e-commerce company’s goal is to build a service ecosystem that comprehensively serves the needs of logistics, customs, and freight forwarding companies operating in the airport area. “HGL’s expansion is important feedback for us, as a globally active, high-volume logistics partner has decided to begin significant development in our Maglód megapark and commit to us long-term. This agreement is particularly valuable in that we managed to conclude it during a period that is challenging from a market perspective,” said András Bodahelyi, HelloParks’ senior business development manager. The HelloParks Maglód megapark currently has two completed warehouse buildings, MG1 and MG3, offering a total of 91,000 sqm of leasable space. Some 95 per cent of the available space in the buildings is already occupied, primarily due to strong demand from companies in the airport region. The MG1 warehouse is the first industrial property in Hungary to achieve BREEAM sustainability certification at the Excellent level in the New Construction category. Construction of a third warehouse, MG4, is currently underway in the Maglód industrial park, and the industrial real estate developer is already conducting advanced negotiations for its available space. Building, Design & Construction Magazine | The Choice of Industry Professionals
Four-Year Framework To Create Better Connected Sustainable City Region CBRE has been appointed to a four-year framework designed to support the delivery of Greater Manchester’s ambitious transport vision, underpinning the region’s drive towards a better-connected, greener, and more sustainable city-region. The Transport for Greater Manchester (TfGM) Professional Services Framework is a comprehensive procurement vehicle designed to provide a wide range of transport-related consultancy services to TfGM and participating authorities across Greater Manchester. Spanning sixteen specialist lots, the framework will play a pivotal role in delivering the Greater Manchester Transport Strategy 2040, which sets out a vision for “world-class connections that support long-term sustainable economic growth and access to opportunity for all.” CBRE is appointed on Lot 15 which covers Estates Advisory Services, supporting TfGM’s extensive programme of transport infrastructure projects. This includes the management and development of property assets, land assembly, and strategic advice to enable the delivery of new and improved transport facilities across the region. The appointment builds upon a long-standing relationship with TfGM, with CBRE playing a pivotal role in enabling Greater Manchester’s transport transformation, most notably through acquiring multiple bus depots to facilitate the Greater Manchester Bus Reform. As the UK’s largest regional economy outside London, Greater Manchester is at the forefront of transport innovation, with major initiatives such as the Bee Network – an integrated, London-style transport system under local control -set to transform how people travel. TfGM is also leading the way in bringing bus services under local control, expanding the Metrolink tram system, and investing in the UK’s largest cycling and walking network. A key aspect of CBRE’s ongoing partnership with TfGM is its work in leveraging the organisation’s surplus land portfolio. Through innovative estates advisory and strategic asset management, we are helping to unlock the potential of these sites to deliver thousands of truly affordable, net zero new homes. This not only supports Greater Manchester’s housing ambitions but also aligns with the region’s commitment to sustainability and inclusive growth. Adam White, Executive Director at CBRE and Lead for the TfGM appointment, commented: “We are proud to be selected by Transport for Greater Manchester to provide Estates Advisory Services as part of this transformative framework. Greater Manchester is leading the way in delivering integrated, sustainable transport, and we look forward to working in partnership with TfGM and local authorities to unlock the full potential of their property assets. Our team brings deep experience in land assembly, development, and public sector collaboration, and we are committed to supporting the region’s vision for a cleaner, greener, and more connected future.” Building, Design & Construction Magazine | The Choice of Industry Professionals
Cordale Housing Association, a subsidiary of Caledonia Housing Association, has officially completed a significant housing development at Dalquhurn Lane in Renton, delivering 25 high-quality new homes for the local community. A handover ceremony to mark the completion of the £5.4 million development was held on site, with new tenants Angela McKenzie and Lynda Mitchell alongside Jackie Baillie MSP, and representatives from West Dunbartonshire Council. Construction began in October 2024, with AS Homes delivering the development, which includes 15 two-bedroom homes, eight three-bedroom homes, and two four-bedroom homes. Supported by over £2.6 million in Scottish Government grant funding, these properties provide much-needed, energy-efficient and sustainable homes for families in the area. Julie Cosgrove, Chief Executive of Caledonia Housing Association, added: “We are pleased to support Cordale Housing Association in bringing new affordable homes to the Renton community. This is a development we committed to making happen a number of years ago and are delighted to welcome tenants to their new homes today. As ever, partnership working has helped deliver this and it’s important to express our gratitude and celebrate our achievements together with West Dunbartonshire Council and the Scottish Government. We have not yet completed the regeneration of this site, and I look forward to working with West Dunbartonshire Council and Scottish Government to develop the next phase.” Angela McKenzie, who is moving into one of the new homes, said: “I am thrilled to be moving into my new home. It will make a big difference to me and my family. The standard of the home is excellent, and I want to thank everyone at Caledonia and Cordale. I’m pleased to be able to downsize from my existing home which allows a family to move in to make new memories.” Lynda Mitchell, who has just received the keys to her new family home, said: “It is good for me and my kids to move to a larger family home within the same area. I am really pleased with the quality of the housing development and cannot wait to move in and start afresh.” Màiri McAllan, Cabinet Secretary for Housing, said: “The completion of the Dalquhurn Lane development in Renton marks a significant milestone for Cordale Housing Association and West Dunbartonshire Council. This project has delivered 25 high-quality, energy-efficient social rented homes, supported by £2.6 million from the Scottish Government’s Affordable Housing Supply Programme. Everyone deserves a safe and warm home, and these properties will serve the local community for generations.” “We have a strong track record in affordable housing. We have supported the delivery of more than 139,000 affordable homes since 2007, with more than 99,000 of those being for social rent. We remain focused on delivering 110,000 affordable homes across Scotland by 2032. At least 70% of these will be for social rent and 10% in our rural and island communities, backed by £768 million of investment in 2025-26.” Jackie Baillie MSP said: “I am absolutely delighted that these much-needed new homes are now available for local people. There is massive demand for high-quality affordable homes in our communities and a huge waiting list for properties. These fantastic new homes, delivered by Caledonia Housing Association, will go some way to helping provide this vital housing supply.” Convener of Housing and Communities, Councillor Gurpreet Singh Johal, West Dunbartonshire Council, said: “I am delighted that tenants have begun to settle in their new homes in Renton. “Sustainable, affordable homes are much needed and with the Council’s ambitious house building programme alongside developments through partner housing associations like Caledonia, we are delivering for our residents.” Paul Kelly, Managing Director of AS Homes Scotland, said: “This development is a strong example of how government, local councils, housing associations and builders can work together to deliver sustainable, energy-efficient homes that meet the needs of families for generations to come. We’ve had the pleasure of partnering with Caledonia Housing Association on several projects across Scotland, creating high-quality homes and helping to build stronger communities. We wish all the families moving into this development the very best as they settle into their new homes.” Building, Design & Construction Magazine | The Choice of Industry Professionals
