HelloParks Páty PT1 was named Commercial Development of the Year at the Real Estate Awards. The prestigious Hungarian real estate competition recognises the year’s most notable developments and operators. The modern industrial hall, with the largest contiguous floor area in Budapest, is one of the most sustainable warehouses in Hungary
Budapest – HelloParks has signed a loan agreement worth more than 80 million euros (approximately 30 billion forints) with Erste Bank to finance the construction of its megapark’s first three phases in Maglód. The innovative, people-centred and environmentally friendly industrial and logistics park is being developed in several phases, the
Butor1.hu, one of the largest online furniture stores in Hungary, and Karzol-Trans logistic company are the latest tenants of HelloParks Maglód’s 46,000 sq m warehouse which is the first phase of the logistics megapark. Lithuanian-based Butor1 (Furniture1), which has shown significant growth in recent years, is establishing a distribution centre
The total pipeline of Futureal Group’s industrial and logistics property development company, HelloParks, has now reached 900,000 sq m of GLA around Budapest. HelloParks continues its development in the western agglomeration of the Hungarian capital, next to the M1 motorway, in Páty. This is the largest project in the history
Futureal Group’s logistics megaparks can contribute significantly to the country’s competitiveness In the eastern agglomeration of Budapest, next to the M0 ring road, HelloParks continues its expansion with a new development in Maglód. As a member of Futureal Group, the company has started preparations for the implementation of HelloParks Maglód’s
HelloParks Páty PT1 was named Commercial Development of the Year at the Real Estate Awards. The prestigious Hungarian real estate competition recognises the year’s most notable developments and operators. The modern industrial hall, with the largest contiguous floor area in Budapest, is one of the most sustainable warehouses in Hungary today. Oliver Treiber, Chief Investment Officer and Partner of HelloParks, has been awarded the Rising Talent of the Year. HelloParks’ 58,000 sqm Big Box industrial building, inaugurated in the summer of 2023, is the company’s first development in the Paty megapark, West of Budapest. PT1 has been built to the highest Outstanding rating in the BREEAM New Construction category, which it has already obtained for Design Stage. The offices in the building will operate with zero primary energy consumption thanks to the solar panels to be installed on the roof. Even the rainwater falling on the roof of the hall will be used to irrigate the green space around the building. Smart-ready lights will be installed around the warehouse, and electric car chargers will be available in the car park. Only three per cent of buildings worldwide meet the Outstanding level, and only HelloParks is developing industrial buildings of this high quality, with all its current projects under construction aiming for this level. HelloParks’ proprietary mobile app also supports energy-efficient operation, providing tenants with valuable information by connecting to the hall’s intelligent building automation and monitoring system. The app provides remote access to the rented areas’ technical data, utility consumption monitoring, and the ability to adjust heating, ventilation, and lighting settings. Almost 90 per cent of the PT1 hall has already been leased. The industrial facility has already won two previous awards from the international industry, winning the prestigious European Property Awards 2023 for five-star investments, and in early 2024, it was awarded the title of Best Commercial and Manufacturing Development Europe at the International Property Awards Gala. The Real Estate Awards competition jury awarded HelloParks’ Chief Investment Officer and Partner Oliver Treiber the Rising Talent of the Year award. Building, Design & Construction Magazine | The Choice of Industry Professionals
Budapest – HelloParks has signed a loan agreement worth more than 80 million euros (approximately 30 billion forints) with Erste Bank to finance the construction of its megapark’s first three phases in Maglód. The innovative, people-centred and environmentally friendly industrial and logistics park is being developed in several phases, the next, second building is planned to be handed over in the last quarter of 2022. Erste Bank will provide a total of EUR 82 million in loans to Futureal Group’s industrial real estate developer, for the realization of the first three phases of HelloParks Maglód, for a period of more than 10 years. The first 46,000 sqm building (MG1) was handed over in January, just shortly after that it has received the Excellent certificate for the Design Stage in BREEAM’s New Construction category. Preparations are underway for the second 45,000 sqm hall, which is scheduled to be handed over by the last quarter of 2022, however, further facilities are already being designed and licensed to enable the company to meet existing and future needs as quickly as possible. The megapark in Maglód will be realized on a 46-hectare area where the company plans to develop more than 200,000 sqm of warehouse and light industrial space. HelloParks Maglód is located along the ring road M0, near the M4 and M5 motorways and the Budapest Ferenc Liszt International Airport, in the fastest-growing industrial zone of the eastern agglomeration of Budapest. The megapark in Maglód is targeting logistics and urban distribution service providers, light industry manufacturers, assembly companies, but it can also serve tenants with special requirements. The competitive mix of the location and customer-centric solutions is well demonstrated by the fact that several large companies have already decided to partner up with HelloParks, which was founded just one and a half years ago. The first building, handed over in Maglód, is home to companies with an international network, such as the Hungarian-owned Karzol-Trans, which has been dealing with logistics for more than 25 years, FoxPost, who set up a central warehouse here to serve its nationwide parcel sorting machine network, or the Lithuanian based Bútor1, with a distribution centre for 8 countries. The first 46,000 sqm phase is already operating with more than 80% occupancy and negotiations are underway for the remaining free space “One of the keys to our company’s competitiveness is a comprehensive service package that goes beyond warehousing. The use of environmentally friendly, sustainable and high-quality engineering solutions is becoming a priority not only for us, but also for our tenants, as well as creating a liveable, people-centred and user-friendly environment, which plays an important role in employee retention. That is why we take our clients’ needs into account right from the design stage. The newly signed loan agreement between HelloParks and Erste Bank is another step in the decades-long successful cooperation between one of the largest financial institutions in the Hungarian banking market and the Futureal Group, also a guarantee that with their help we will be able to deliver our plans at the highest level,” emphasized Rudolf Nemes, CEO of HelloParks. “Erste Bank’s more than 15 years of cooperation with the Futureal Group has reached another milestone, and we are particularly pleased that the group has chosen Erste Bank to finance its new industrial logistics business. Environmental protection and sustainability are top priorities within Erste Group and the financing of the planned investment with its BREEAM Excellent rating fits perfectly into the bank’s ESG financing strategy. We are proud to be part of the latest chapter in the history of Futureal,” – highlighted György Salamon, Head of Real Estate Financing, Erste Bank Hungary. The common feature of the completed unit in Maglód, and the planned four modern facilities, each with a floor space of 20-45,000 sqm, is that they will also meet the requirements of the BREEAM sustainability standard through smart solutions for energy efficiency and environmentally friendly operation targeting the highest level, just like the first building. Creating a liveable, people-centred and user-friendly environment that provides long-term value for the partners, is also a key aspect of the development. At the ParkCenter, which will be implemented in accordance with the WELL Standard Mind and Community criteria, short-term offices, HelloCafé, conference rooms with catering services and long-term A-category offices will also be available for the convenience of tenants.
Butor1.hu, one of the largest online furniture stores in Hungary, and Karzol-Trans logistic company are the latest tenants of HelloParks Maglód’s 46,000 sq m warehouse which is the first phase of the logistics megapark. Lithuanian-based Butor1 (Furniture1), which has shown significant growth in recent years, is establishing a distribution centre supporting 8 countries from the 5,000 sq m warehouse space, while Karzol-Trans Kft. set the goal of centralizing its services and increasing their capacity by 50% on the 6,400 sq m lease. A new chapter begins for Furniture1, the Lithuanian based furniture retailer, and the 100% Hungarian-owned Karzol-Trans Kft., which deals with international transport and dynamically developing warehousing services, as they have decided to move to Maglód. The fastest-growing industrial area of the eastern agglomeration of Budapest is an ideal location for production companies and logistics service providers. The companies were able to move in to HelloParks Maglód’s first, 46,000 sq m asset that is soon to receive one of the highest BREEAM certification, just over six months after the construction works have started in the vicinity of the capital of Hungary, close to the M0 ring road, near the M4 and M5 highways, and Liszt Ferenc International Airport. Furniture1, one of Hungary’s largest online furniture stores started operating as a start-up in Lithuania in 2006, now the company is present in 10 countries. It has been operating in Hungary since 2015 as Butor1.hu. The new 5,000 sq m distribution centre in Maglód is one of the largest logistics investments of the company, where it establishes a facility supporting 8 countries. For the company, which mostly uses bulk and rack storage, HelloParks Maglód was a clear choice primarily due to its excellent location and unrivalled rental conditions. “Our company has reached an important milestone with the investment in Maglód. We are very pleased to have reached an agreement with such a flexible company, which offers excellent conditions and the best value for our money, such as HelloParks. It is also a great pleasure that environmental awareness and sustainable operation are just as paramount to HelloParks, as they are to us!” said Ferenc Balsai, Country Manager of Furnitue1.eu. The Hungarian-owned Karzol-Trans has been dealing with logistics and related services for more than 25 years, and currently has its own 5,000 sq m warehouse in neighbouring Ecser. With the new 6,400 sq m lease, the company will be able to centralize its fragmented service locations, and among other things, extending their warehouse management software to the operations of the new lease, will help them increase their current capacity by more than 50%. “HelloParks Maglód, which is located 5 minutes away from our site, was chosen due to the extraordinary features of the area, the proximity of the airport and the highway. This allows us to outsource the operation for our dedicated customers as close as possible, which is extremely important for a smooth business. Together with HelloParks, we have developed a shelving system in the new facility for more space saving storage of pallet goods, and we implemented new security and IT investments in line with our customers’ needs” said Zoltán Joós Jr. Managing Director of Karzol Logisztika Kft. “Hello Furniture1, Hello Karzol-Trans! It is a great pleasure for us that such well-known companies with international network have chosen HelloParks Maglód as their logistics centre. We hope that we can be partners in supporting their future growth, as nearly 200,000 sq m of warehouse space development is possible in our park. We hope that our park will serve as a real home for their activities and future plans. We would like to thank them for the trust they have placed in us with excellent service, expert attitude and flexible cooperation!” said Rudolf Nemes, Chief Executive Officer of HelloParks. One of Hungary’s leading developers, Futureal Group’s member HelloParks intends to build a total of 193,000 sq m of warehouse, light industrial and office space on the Maglód site. Several buildings will be developed in the park with different sizes – depending on the needs of tenants – between 26,000 and 90,000 sq m. The minimum leasable area in the first facility is 3,200 sq m. For smaller tenants, the second building can offer premises of 500, 1,000 or 2,000 sq m. Similar to HelloParks Fót and HelloParks Páty, the HelloParks Maglód facilities will also meet one of the highest BREEAM sustainability standards, due to smart solutions that ensure energy efficiency and environmentally friendly operation. Drone video of HelloParks Maglod site is available on the following link:
The total pipeline of Futureal Group’s industrial and logistics property development company, HelloParks, has now reached 900,000 sq m of GLA around Budapest. HelloParks continues its development in the western agglomeration of the Hungarian capital, next to the M1 motorway, in Páty. This is the largest project in the history of the company and will complement HelloParks Fót in the North and HelloParks Maglód in the East, next to the airport. As a member of Futureal Group, HelloParks continues its development in one of the most developed industrial and commercial zones in the western agglomeration of Budapest, Páty, which is an ideal location for production companies and logistics service providers. Located along the M1 motorway with direct connection and excellent visibility, 6 km from the M0 ring road and 10 km from the M7 motorway, HelloParks Páty is easily accessible also from the downtown of Budapest. The 100 ha site will feature modern warehouse and production space in a total of 400,000 sq m of GLA, which will be developed in several phases. Preparations for the first phase have already begun. The first building will offer 55,000 sq m of modern warehouse space and is expected to be handed over in Q3 2022. The value of this investment exceeds EUR 50 million. HelloParks has recently announced the development of one of the largest industrial and logistics centres in the country on a 76 ha site in Fót and a similar development on a 46 ha plot in Maglód. 33.000 sq m of warehouse and industrial space can be set up in Fót and 193,000 sq m in Maglód. “HelloParks has reached another milestone by investing in the western agglomeration of Budapest, and so far this promises to be our largest development, both in terms of plot size and total facilities.” said Rudolf Nemes, CEO of HelloParks. The minimum rentable area for the so-called Big Box type halls will be 3.300 sq m, while the Flexi Box buildings with a more flexible rental scheme can offer rental properties up to 500, 1,000 or 2,000 sq m for smaller tenants. Like the megaparks in Fót and Maglód, facilities to be built in Páty will also meet the requirements of the BREEAM sustainability standard, thanks to smart solutions that ensure energy efficiency and environmentally friendly operation. Short-term offices, Hello Café and conference rooms with catering services and long-term A-category offices also will be available for the convenience of tenants. 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.
Futureal Group’s logistics megaparks can contribute significantly to the country’s competitiveness In the eastern agglomeration of Budapest, next to the M0 ring road, HelloParks continues its expansion with a new development in Maglód. As a member of Futureal Group, the company has started preparations for the implementation of HelloParks Maglód’s first 46,000 sq m facility being built in the first phase, on a 46 ha site located in the vicinity of M4 and M5 highways and Liszt Ferenc International Airport. The industrial and logistics centre will include a range of facilities exceeding a total area of 193,000 sq that meet the requirements of the BREEAM sustainability standard. The announcement of the investment in Maglód follows the company’s recent purchase of its first 76 ha site, also situated next to the M0 highway in Fót, where HelloParks Fót logistics megapark is under development. HelloParks continue its development activities in Maglód, the fastest growing industrial area of the eastern agglomeration of Budapest, an ideal location for production companies and logistics service providers. Preparations for the implementation of a 46,000 sq m facility being realised in the first phase, have already begun on the 46 ha site that is close to the M0 ring road, near the M4 and M5 highways, and Liszt Ferenc International Airport. The first building is expected to be handed over by the end of 2021, the value of this investment exceeds 40 million euros (14.4 billion forints). Prior to its Maglód project, HelloParks recently announced the development of one of Hungary’s largest industrial and logistics centres called HelloParks Fót on an area of 76 ha in Fót providing a total of 330,000 sq m of warehouse and industrial space. “HelloParks aims to increase Hungary’s regional competitiveness with highly competitive and efficient megaparks that also focuses on sustainability. The developments can strongly support Hungary in becoming a real logistics centre, as these facilities can attract new customers with regional outreach to the domestic market,” said Rudolf Nemes, CEO of HelloParks. HelloParks intends to build a total of 193,000 sq m of warehouse, light industrial and office space on the Maglód site. Several hall buildings will be developed in the area with different sizes – depending on the needs of tenants – between 26 000 and 90 000 sq m. The minimum leasable area in the first facility is 3,200 sq m. For smaller tenants the second building can offer rental properties of 500, 1,000 or 2,000 sq m. Similar to HelloParks Fót, the HelloParks Maglód facilities will also meet the requirements of the BREEAM sustainability standard, due to smart solutions that ensure energy efficiency and environmentally friendly operation. As a sustainability feature, electric golf carts will be available for tenants within the park’s area. “The importance of the eastern agglomeration of Budapest has highly increased in recent years, as several international production and distribution companies had settled here that has significantly reduced the size of the available areas. We expect that a similar development will take place in this region as it has happened in the western and southern sectors of the M0 ring road. By the preparation of the development in Maglód, we have thus taken another important step towards HelloParks’ aim to become one of the key players in the dynamically growing industrial and logistics market, first in Hungary and later on in the region. The rapid development of e-commerce and the relocation of production capacities have started a new trend of establishing regional EU centers. In line with this trend HelloParks’ megaparks will serve regional and urban logistics needs. We are constantly exploring further expansion opportunities in the Budapest agglomeration as well as the catchment area of large rural cities,” added Rudolf Nemes. 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.
