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BREEAM

Westbrook Partners forward purchases prime £172.5m industrial portfolio from Chancerygate and Bridges Fund Management

Kenneth Booth March 29, 2022

Westbrook Partners has agreed to forward-purchase two BREAAM ‘Very Good’ urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management. The first portfolio, which was wholly owned by Chancerygate, is called Urban Portal and comprises three multi-unit logistics developments located in Aston Clinton, Brackley and Leicester. The schemes will

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First new office development to complete in Leeds in 2022 tops out

Kenneth Booth March 7, 2022

CEG welcomed the leader of Leeds City Council and other stakeholders in the city to its flagship Globe Point development today (3/3/22) for a topping out ceremony. BAM Construction commenced the development in May 2021 on behalf of CEG and is set for full completion this summer. Simon Sutcliffe, Construction

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Kawneer and Polar NE join forces for Sowenna

Kenneth Booth March 1, 2022

Polar NE installs Kawneer product portfolio at Cornwall’s first children’s mental health unit Sowenna CAMHS is Cornwall’s first Child and Adolescent Mental Health Services unit. The £5 million purpose-built project demanded products that could provide a high level of thermal performance, whilst also enhancing the building’s levels of natural light

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Qualis Commercial achieves planning for five sites in Epping

Kenneth Booth November 9, 2021

On 27 October, Epping Forest District Council’s Development Committee Meeting issued a resolution to grant planning permission to Qualis Commercial for five key development sites in Epping Town Centre. The sites include the delivery of a new £25m leisure centre, a new multi-storey car park, commercial units and 269 high

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Latest Issue

BDC 319 : Aug 2024

BREEAM

Panattoni increases speculative programme with 417,570 sq ft scheme at Doncaster Sheffield Airport

Kenneth Booth April 8, 2022

Panattoni, the largest industrial real estate developer in Europe, is planning to develop one of the largest speculative logistics facilities in South Yorkshire. The development, called Panattoni Doncaster 420, will be a 417,570 sq ft facility at GatewayEast, Doncaster Sheffield Airport.  Panattoni has acquired the 18.4-acre site, which has outline planning consent, from Peel Land and Property. Panattoni Doncaster 420 benefits from superb multi-modal links, located within six minutes of rail facilities at iPort, while the seaports of Immingham and Hull are both approximately 50 miles from the site. It also provides last-mile access to the major conurbations of Yorkshire and Humberside and the major consumer and manufacturing centres of the North East, North West and East Midlands, plus central London, all fall within 4.5 hours by HGV. Panattoni expects to start construction later this year with the intention of delivering the facility in Summer 2023. Panattoni Doncaster 420 is targeting BREEAM ‘Excellent’ and EPC ‘A’ ratings. Occupiers will also benefit from a range of standard sustainability features and green build options. The development is part of Panattoni’s commitment to a significant speculative development programme in the UK in 2022 in response to strong demand from occupiers for immediately available space. Dan Burn, Development Director at Panattoni, said: “This well-located site with direct access to local, regional and global markets is a superb addition to our speculative development programme. South Yorkshire is rapidly forging a reputation as one of the UK’s prime distribution locations. Record take up across Yorkshire in 2021 has resulted in the supply of units over 100,000 sq ft dipping to the lowest level ever seen”. Burbage Realty acted for Panattoni.

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Westbrook Partners forward purchases prime £172.5m industrial portfolio from Chancerygate and Bridges Fund Management

Kenneth Booth March 29, 2022

Westbrook Partners has agreed to forward-purchase two BREAAM ‘Very Good’ urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management. The first portfolio, which was wholly owned by Chancerygate, is called Urban Portal and comprises three multi-unit logistics developments located in Aston Clinton, Brackley and Leicester. The schemes will total 347,177 sq ft across 45 units and all three are set to practically complete in the next 12 months. The second portfolio, called City Gateway, comprises three multi-unit developments in Edinburgh, Leeds and Peterborough. The three schemes were jointly owned by Chancerygate and Bridges, who have a long track record of successful collaboration on sustainable industrial developments. The City Gateway portfolio will total 485,389 sq ft across 61 units, providing 43 industrial/warehouse units, 16 trade counter units and two drive throughs. The three schemes are set for practical completion in the next 24 months. In total, the portfolios comprise 832,000 sq ft over 42 acres, with each of the six schemes being acquired on a forward-commitment basis. All the newly built units will have market leading green credentials and will be constructed to the highest specification. Commenting on the deal, Mark Donnor, managing principal of Westbrook Partners, said: “We are delighted to have concluded the deal with Chancerygate and Bridges Fund Management, in such a timely manner. “The 832,000 sq ft of Grade A stock is already receiving strong occupational interest for a variety of units. JLL is instructed to pre-lease the portfolio.” Chancerygate managing director, Richard Bains, said: “Our strategy of focusing on acquiring urban logistics sites and delivering Grade A schemes benefiting from strong environmental credentials has been borne out by the very strong interest we received for these portfolios. “We are very pleased to have concluded the deal with Westbrook Partners in a very swift timescale. The funds from the disposal will be used by us to invest in further strategic speculative development opportunities as Chancerygate continues to expand throughout the UK.” Guy Bowden, partner at Bridges Fund management, added: “We’re delighted to complete this forward-purchase, which we think is testament to the strong demand – from both investors and occupiers – for high-quality highly sustainable logistics developments. Bridges’ sustainable logistics portfolio continues to deliver both attractive financial returns for our investors and superior environmental outcomes.” Tudor Real Estate represented Westbrook. JLL advised Chancerygate and Bridges Fund Management. You can learn more about Chancerygate’s live developments here.

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Prologis strengthens commitment to West Midlands development as work progresses at two key sites

Kenneth Booth March 21, 2022

Work on four new speculatively built units is underway at two major West Midlands logistics parks as Prologis, the leading developer of industrial property in the UK, expands its portfolio at Prologis Park Hams Hall and Prologis Park Ryton, near Coventry. At Prologis Park Hams Hall, three buildings are currently under construction with steelwork and cladding currently being put in place. The three units – DC2 (259,510 sq. ft.), DC3 (131,780 sq. ft.), and DC4 (85,685 sq. ft.) – are set for completion in summer 2022. At Prologis Park Ryton, work is underway on a 330,770 sq. ft. unit, also due to be completed in summer 2022. With seven of its 22 logistics parks located in the West Midlands, these new developments further strengthen Prologis’ commitment to delivering logistics property in strategic locations for UK supply chains. Prologis Parks Ryton and Hams Hall are important locations in the Midlands, especially for the automotive industry and are already home to companies such as Jaguar Land Rover, LEVC and DHL. Both sites have quick access to the national motorway network, with Prologis Park Hams Hall also featuring an on-site intermodal rail freight terminal, which links to three seaports and the channel tunnel. Alongside playing their part in improving the flow of goods around the country, the four new units will also deliver social value through job creation and strengthening the local economy. Sustainability has been factored into the build process from the outset too, with all units being net zero in construction, and will be targeted BREEAM-rated ‘excellent’, and EPC A rated. Tom Price, capital deployment and leasing director at Prologis UK, said: “These four new units will provide vital extra capacity for the West Midlands logistics and warehousing market. We know that our customers and the wider business community recognise the value of the region to their supply chain operations, and we’re pleased to be providing facilities to help meet that demand. It’s exciting to see the new units take shape and we’re looking forward to their completion later this year.”

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First new office development to complete in Leeds in 2022 tops out

Kenneth Booth March 7, 2022

CEG welcomed the leader of Leeds City Council and other stakeholders in the city to its flagship Globe Point development today (3/3/22) for a topping out ceremony. BAM Construction commenced the development in May 2021 on behalf of CEG and is set for full completion this summer. Simon Sutcliffe, Construction Director for BAM, said: “BAM’s buildings are winning sustainability awards across the UK. Our knowledge and understanding, which spans both buildings and the design and construction process, is being transferred to Globe Point. This flagship city centre building is a BREEAM Excellent development and it is really taking shape.” Providing next generation workspace for over 400 people, the 37,800 sq ft seven-storey building on Globe Road is striking, with its flat iron design providing spectacular views across the city from the roof terrace gardens. Responding to occupiers’ expectations and the new ways of working, Globe Point will deliver some of the highest quality workspace in Leeds, along with ground floor break-out space and café kitchen.  Councillor James Lewis, leader of Leeds City Council, said: “This is a really exciting milestone, not only for the Globe Point development, but also for the regeneration of Leeds’s Temple district and the wider South Bank area. “High-quality projects like Globe Point are a sign of the strength of the Leeds economy as we continue our recovery from the effects of the COVID-19 pandemic and redouble our efforts to deliver jobs and opportunities for all. It promises to be a worthy and very impressive addition to our city’s skyline.” Globe Point will be the first new build office to complete in Leeds City Centre this year and is the first of CEG’s developments to complete within the Temple district of the city. CEG is currently managing the transformation of Drapers Yard, on Marshall Street, for Labcorp’s life science centre of excellence. The new headquarter facility will boast a new façade, roof top amenity space with a green, sedum roof and new landscaping and planting. CEG, alongside Leeds City Council and other stakeholders, is bringing forward further development across the Temple district, with the potential to provide some 4 million sq ft of high quality accommodation with Temple Works at its heart as a cultural centrepiece. Nick Lee, director at CEG, said: “Globe Point will deliver much needed new workspace within Leeds City Centre. The quality of the building and the approach to people and sustainability led design will set the tone for future developments within Temple. We are really excited about the buzz in Temple and the number of people living and working in the area continues to grow, supporting the fantastic bars, restaurants and other amenities, including our events space partnership with Chow Down.” Fox Lloyd Jones and Knight Frank are marketing the building on behalf of CEG. Nick Salkeld from Fox Lloyd Jones said: “We are beyond excited to have this ground-breaking scheme ready to show occupiers and the delivery work to date has already surpassed our expectations as to what a new generation workspace looks and feels like. Throughout the design process we really majored on the detail around the flexibility and quality of the space, making the most of its unique dual aspect with amazing natural light around the entire floorplate. The finished product will raise the bar as to what constitutes the best new office space in the city in a highly sustainable building and at the heart of an area steeped in history and character.” Eamon Fox, partner and head of office agency at global property consultancy Knight Frank in Leeds, said: “We are on course to deliver next generation workspace, combining great design, strong ESG credentials and new technology. With great interest from existing Leeds businesses, as well as inward investing firms, its clear Globe Point will provide space that will appeal to staff and help to attract skills and talent in today’s competitive environment, as well as meeting a businesses’ sustainability targets.” Award-winning Feilden Clegg Bradley Studios is the architect for Globe Point. Amanda Whittington, Partner, Feilden Clegg Bradley Studios said: “Alongside the wider masterplan, FCBStudios has designed two office buildings at the Temple site to provide 22,727m² of new Grade A office space. “On the historical east of the site, Globe Point office is an expressive flat iron building that marks the approach from key routes to the city centre. Brickwork panels form a dynamic façade with a contrasting aluminium profiled crown. “Designed to BREEAM excellent, the internal workspaces allow plenty of natural daylight to provide healthy flexible workspaces and cater for an ever changing office environment. Rooftop terraces on the top floors offer amenity space with commanding views. A co-working/café space on the ground floor has been developed with interior designers Ekho Studio to provide an exciting new destination for the area.”

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Kawneer and Polar NE join forces for Sowenna

Kenneth Booth March 1, 2022

Polar NE installs Kawneer product portfolio at Cornwall’s first children’s mental health unit Sowenna CAMHS is Cornwall’s first Child and Adolescent Mental Health Services unit. The £5 million purpose-built project demanded products that could provide a high level of thermal performance, whilst also enhancing the building’s levels of natural light and help achieve a BREEAM Excellent building status. Along with ensuring excellent levels of daylight and access to external spaces and ventilation, the project’s challenges were increased by requiring multiple product solutions that could be harmonised and achieve the same levels of performance and aesthetics. The project requirements enabled Kawneer to utilise multiple products from their portfolio, which perfectly suited the specifications and helped the project achieve the required levels of thermal performance and successfully achieve its BREEAM Excellent status. The project included three types of Kawneer aluminium windows specifically designed and engineered for the mental health sector – Wansbeck Secure windows, Wear Secure windows and Humber Secure windows all feature on the project in multiple areas. The Humber Secure windows were developed in partnership with Humber NHS Foundation Trust as a low to medium secure window with an external sliding sash operated by a reduced ligature rotating handle. The Wansbeck Secure windows are designed for low-secure facilities and feature an internal sliding sash and the Wear Secure windows are an adaptation of the Wansbeck but with a secure mesh to guard the restricted open area. Alongside the bespoke window designs, Kawneer’s AA®100 zone-drained curtain wall system helped to create a dynamic and active façade that promotes high-levels of natural light to illuminate the main entrance, whilst AA®541 top-hung casement windows have been used in the café area and offices spaces, and AA®3720 folding/sliding doors feature in the courtyard areas. The new Sowenna CAMHS project was designed by international design practice Ryder Architecture and constructed by main contractor Tilbury Douglas on the site of the former Bodmin Community Hospital. The facility provides inpatient mental health and psychiatric intensive care for children and young people aged between 13 and 18 years. Victor Muniz, architectural director at Ryder, said the team responded to the design brief from Cornwall Partnership NHS Foundation Trust with a smart and functional design. He commented: “We have used Polar windows in several projects already and their products meet all current standards in terms of anti-ligature specification, robustness, good design and competitive costing.” He added: “We were looking for lots of natural light inside the building so the glazed elements played a very important role on this project. We were also aiming for BREEAM Excellent which was finally achieved. “The secure windows and curtain walling have a similar aesthetic to the standard components and help to ensure the safety and security of the external envelope for service users, staff and visitors. Our understanding is the trust is quite happy with the building.”

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Panattoni commence construction on three speculative units at V Park, Basingstoke

Kenneth Booth December 8, 2021

Panattoni, the largest industrial real estate developer in Europe, and Legal & General’s Industrial Property Investment Fund (IPIF) have begun speculatively developing three targeted net zero carbon logistics facilities, totalling 213,350 sq ft, at V Park, Basingstoke. V Park is located at Viables Industrial Park between junctions 6 and 7 of the M3, well positioned to take advantage of regional axis routes including the M25, A34, M27 and M4, serving the London, Southampton and south east markets. It is part of Panattoni’s commitment to a significant speculative development programme in the UK in response to strong demand from occupiers for immediately available space. V Park is expected to be completed in Q3 2022. Buckingham Group Contracting has been appointed main contractor on site and demolition has already commenced. The three facilities of 39,500 sq ft, 77,550 sq ft and 96,300 sq ft will benefit from a market-leading specification, harnessing net zero carbon technology to reduce energy consumption and operating costs. They will be built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ with many sustainable features. They will also benefit from 50m, self-contained yards, electric vehicle charging points, 12.5m clear internal height,15% roof lights and up to 2.5MVa of power is available. Alex Mitchell, Development Associate at Panattoni, said: “V Park is a superb opportunity for all occupiers looking to service the London, Southampton and south east markets. It will be a net zero carbon development, which not only reflects our commitment to sustainable development but also provides superior energy performance for occupiers”. The agents for the scheme are CBRE and Cushman & Wakefield. For more information, please click here

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Bericote chooses Glencar to construct new 780,000 sq ft mega logistics and industrial scheme in Coventry.

Kenneth Booth November 12, 2021

The project will see the demolition of the redundant Goliath unit together with enabling works to make way for the design and build of three new industrial/logistics units totalling 780,000 sq ft on a 43-acre site to be known as Coventry Logistics Park in Coventry. Glencar, an expanding construction company specialising in the industrial, logistics, distribution, manufacturing, life science and pharmaceutical sectors has today announced that it has been awarded a contract by specialist logistics commercial property developers Bericote Properties to construct 780,000 sq ft of speculative industrial space across three new units at a site in Coventry to be known as Coventry Logistics Park. Works commenced at the start of the month with demolition of the existing building together with enabling works.  The project is expected to be complete by the summer of next year. It will feature three units of 484,000 sq ft, 251,000 sq ft and 47,000 sq ft, which have been designed by leading architects Corstorphine & Wright. All the units will be built to BREEAM Excellent rating with the two larger units totalling 15 metre eaves and the smaller unit 10 metres. Speaking about the project award Pete Goodman Glencar Managing Director Midlands and North said: “Coventry Logistics Park looks set to become one of the West Midlands newest and highest profile logistics/industrial developments and we are absolutely delighted to have been instructed by Bericote and their joint venture partner JP Morgan on the project. We are gearing up to get started shortly with the demolition and redevelopment of the former Toys R Us site that sits on the site currently to then follow with construction of this brand new three-unit mega scheme. Glencar has made its name in the construction of high-quality logistics/industrial units and we are looking forward to delivering another example of that for Bericote and JP Morgan across the full project team” Coventry Logistics Park is located close to Junction 2 of the M6 motorway offering excellent transport throughout the west midlands and beyond. For further information visit  https://coventrylogisticspark.co.uk/

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Qualis Commercial achieves planning for five sites in Epping

Kenneth Booth November 9, 2021

On 27 October, Epping Forest District Council’s Development Committee Meeting issued a resolution to grant planning permission to Qualis Commercial for five key development sites in Epping Town Centre. The sites include the delivery of a new £25m leisure centre, a new multi-storey car park, commercial units and 269 high quality new homes. Simon Rutter, Managing Director of Qualis Commercial comments, “These applications are the conclusion of almost two years hard work by an experienced professional team, with support from many others on the Council and in the community.” “Through extensive public consultation with over 10,500 visitors to our website and over 2,200 contributions these schemes have evolved from feedback received throughout the comprehensive process. We now look forward to delivering these quality schemes that will bring financial and community benefits to the district.” The new leisure centre on the Bakers Lane car park site will provide a six-lane swimming pool, fitness suite, gym, studios, sports hall and two squash courts and targets ‘BREEAM Excellent’. Chris Whitbread, Leader of Epping Forest District Council said, “My congratulations to the Council’s wholly-owned development company, Qualis, for taking our vision and bringing it to the verge of reality. The St John’s consultations have been going on for perhaps ten years or more. It has been a long and difficult process, but we are now on the cusp of delivery. Taking a holistic approach, we are delivering a balance of development to rejuvenate the town. Residents said they wanted a new leisure centre with a swimming pool, and a cinema. “Our younger residents who are driven from Epping by the high price of property have been crying out for starter homes. Over those ten years, the environmental climate change debate has also driven the process, shaping our plans for sustainable transport, limiting the number of new cars while re-providing town centre parking in the most sustainable way. All the new developments will be at the cutting edge of sustainable energy use, making Epping an even more green and attractive place to work and live.” Simon Rutter continues, “The approvals mark an important step and early milestone in delivering the aspirations of Qualis that has been formed to drive regeneration across the district, creating jobs, economic growth and better public amenities’’. “The team has worked closely with experts to ensure that the schemes are sustainable and sympathetic to the environment they will impact. These sites will be delivered as a comprehensive plan for the town centre that will complement and enhance the existing High Street and see a vibrant cohesive community develop.” The new Cottis Lane car park site will provide a multi-storey car park of 330 spaces, to support the continued vitality and viability of the Town. There are additional commercial and mixed use units focused around an active meanwhile space to create a vibrant environment. The BREEAM Excellent building will have 50 spaces for electric vehicle charging use only. The St John’s Road site will provide 184 much needed new homes for the local area, including 46 affordable homes and will revitalise the derelict former school site whilst refurbishing the locally listed Centrepoint building and Cookery school to restore its heritage and bring them back into use. All complimented by extensive green biodiverse landscaping and increased tree planting to include fruits trees.  The site of the vacant Conder Building behind the Councils Civic Offices will transform an underutilised car park into 45 new homes. The pond, which is home to Great Crested Newt will be retained and the area enhanced with planting and trees. The existing leisure centre site at Hemnall Street will be redeveloped once the new Bakers Lane leisure centre has been opened. It will provide complete the town centre transformation with 40 new homes. Parking for all the three residential schemes will have 100% electric vehicle charging spaces and there will be over £2.5m of contributions through the Section 106 for education, health care, open space and other wider community wide benefits. For further information about Qualis Commercial please visit: www.qualiscommercial.co.uk

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Panattoni leases speculatively developed 280,700 sq ft logistics unit in Bolton to UPS

Kenneth Booth October 4, 2021

Panattoni, the largest industrial real estate developer in Europe, has signed a lease agreement with UPS, one of the world’s largest package delivery companies, for a 280,700 sq ft speculatively developed facility at Bolton. UPS has signed a 10-year lease for the largest of the two facilities at the 360,700 sq ft Panattoni Park Bolton, which has a BREEAM sustainability rating of ‘Very Good’ and an EPC rating of ‘A’. The facility, which has a 15m clear internal height, 24 dock doors and five-level access doors, was completed in September. It is expected that more than 280 jobs will be created. The first unit of 80,000 sq ft was pre-let in January to Hermes Parcelnet, one of the UK’s largest parcel delivery companies. Panattoni Park Bolton is close to junction 6 of the M61, providing easy access to the key ports of Liverpool to the west and Hull to the east; the M6 is less than 15 minutes drive, providing access to Scotland, the wider north west and the Midlands. Dan Burn, Development Director for the North West and Yorkshire at Panattoni, said: “Panattoni Park Bolton is the only development of its size and scale to have been built in Greater Manchester this year. The fact that we have let the two units to two global delivery companies reflects their confidence in this region. “The town has the second highest employee base in Greater Manchester, yet with wages below the regional average labour costs remain attractive, as does the good mix of skills among the workforce. Employment in the logistics sector is considerably higher than both the regional and national average”. DTRE, Savills and Knight Frank were the letting agents and TSL Projects was the contractor.

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Futureal Group’s HelloParks has reached a new milestone by placing the first column of one of its largest developments in Fót, Hungary

Kenneth Booth September 23, 2021

The development worth close to EUR 50 million is the first phase of one of the largest megaparks in the country and can be handed over in Q1 2022 The first column has been placed of the first 45,000 sq m warehouse in Fót, which is an important milestone in launching one of Hungary’s largest industrial and logistic developments by HelloParks, member of Futureal Group, after the first tenants started to move into another megapark of the company in Maglód. For this energy efficient, BREEAM sustainability standard compliant facility that is developed as a part of a greenfield investment close to the Hungarian capital, the composition of the tenants is already outlined: negotiations are at an advanced stage, mainly with e-commerce, parcel logistics and courier businesses, as well as logistics companies serving a single manufacturing company. Located in the vicinity of Budapest, next to the junction of M0 ringroad and M3 motorway, the work has begun on the 76-ha site in Fót to build one of the largest industrial and logistics centers in the country. In the first phase, HelloParks, member of Europe’s leading real estate development and investment group Futureal, will build a 45,000 sq m warehouse with an investment value of close to EUR 50 million. The first phase is expected to be handed over in Q1 2022 by constructor company Goldbeck Hungaria. With the 76-ha plot, where a total of 330,000 sq m of warehouse and industrial space can be developed, HelloParks Fót is targeting logistics service providers, light industry manufacturers, assembly companies as well as tenants with special requirements. Due to the immediacy of Budapest, the park is also ideal for service providers performing urban distribution, but the industrial and logistics property developer also offers commercial industrial lands for sale with utilities and road connections, available from 1 ha. HelloParks is already conducting advanced negotiations with several companies, mainly with e-commerce, parcel logistics and courier companies, as well as logistics companies serving a single manufacturing company for the first phase of HelloParks Fót, while a webshop company has already signed the rental contract. HelloParks has recently announced another two large developments close to the capital of Hungary, a 100-ha industrial and logistics centre in Páty and a similar development on a 46-ha plot in Maglód where the first big tenant has already moved in. All of the three highly competitive, efficient and sustainable megapark developments that have been launched in just over a year by HelloParks have been driven by the company’s aim to become a key player of the industry, as a first step in Hungary, later on in the whole CEE market, and contribute to the improvement of Hungary’s position in the international logistics market. „In order to improve Hungary’s competitiveness, the construction industry must also change. Logistics companies typically like to move into facilities within a year, which is cannot be properly implemented in such a short time unless the area has already been set. This trend is again something that HelloParks developments can respond to. Keeping the deadline, we recently handed over a 46,000 sq m warehouse building as the first phase of the Maglod industrial and logistics megapark, where the first tenant has already moved in just five months after construction started. We are experiencing strong interest from prospective tenants, we are in advanced negotiations for all our free space, and in Maglód, our next tenant will move in soon. Parallel with the lease, we have already started planning and permitting the next phases so that we can serve existing and future needs as quickly as possible,” said Rudolf Nemes, CEO of HelloParks. “The primary need of logistics operators to meet a sufficiently fast and secure execution lead time can only be met by a well thought-out and clear concept. We would like to support HelloParks in realising this business model, using our entire Central European human and equipment infrastructure,” – said Pavol Čarný, Managing Director of Goldbeck Hungaria. HelloParks can build on Futureal Group’s decade-long property development and investment experience. Futureal is one of the leading real estate developers and investors in Central and Eastern Europe and is among the top 10 largest real estate developers in Europe. Since its foundation Futureal Group’s portfolio has included more than 180 real estate projects with a total value of over EUR 5 billion and an area of 3 million square meters. Goldbeck Hungaria in its role as general contractor, has been implementing industrial real estate projects on the Hungarian market for almost a decade, relying on the five decades of experience of its parent company, Goldbeck GmbH, and its design, production and financial infrastructure. The Goldbeck Group, under the umbrella of the Bratislava-based organisation, has completed more than 2 million m2 of gross floor area of industrial real estate in the region over the past decade and a half.

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