News Article HelloParks Hungary industrial Maglód
by Property Forum | Industrial

Industrial developer HelloParks will use the €82 million (approximately HUF 30 billion) loan to build its industrial and logistics park in Maglód which is being developed in several phases. The next, second building is planned to be handed over in the last quarter of 2022.

The bank will provide that money 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. Further facilities are already being designed and licensed to enable the company to meet existing and future needs as quickly as possible. The megapark will be realized in a 46-hectare area where the company plans to develop more than 200,000 sqm of warehouse and light industrial space.