Momentum in Hungary's industrial and logistics real estate market has continued into 2026, according to HelloParks' leasing results for the first half of the year. The company secured almost 60,000 sqm of new lease agreements across its megaparks in this period. The figures indicate that tenants value modern developments that combine locations with the flexibility required to support evolving business operations.
According to CBRE, Hungary's industrial and logistics property market peaked last year, with tenant demand exceeding 1.1 million sqm in 2025, an increase of more than 30% compared with the previous year. This trend has continued in 2026, as demonstrated by HelloParks' Fót (Budapest North) megapark, where all four completed warehouse buildings are now fully occupied, representing a total of 164,000 sqm. This was achieved despite Phase 2 of the FT3 building only receiving its occupancy permit in May.
"Tenants are looking for far more than modern buildings in attractive locations. Equally important is a business environment that remains reliable and capable of adapting to changing operational needs. Success increasingly depends on how well we understand our partners' businesses," said Rudolf Nemes, CEO of HelloParks.
The leasing trend extends across the wider Budapest region. At HelloParks Páty (Budapest West), the PT5 building obtained its occupancy permit in February. In Maglód (HelloParks Budapest Airport), construction of the MG4 warehouse is progressing, with around 30% already pre-let, including an agreement with logistics service provider Booklog for 3,500 sqm. At HelloParks Alsónémedi (Budapest South), automotive components manufacturer Conexal has signed a lease for 20,000 sqm in the 60,000 sqm AN1 warehouse, bringing it close to 50% occupancy.
"Tenants expect developers to respond quickly to emerging requirements and tailor technical solutions to their operational needs. Fast decision-making and flexible project delivery have become competitive advantages. Our ability to offer this stems from managing the entire process in-house," explained István Pozderka, Co-founder and Business Development Director of HelloParks.
