Futureal’s HelloParks to develop a 400,000 sq m of GLA logistics megapark in 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.