HGL, the logistics service provider, has significantly increased its operational footprint at HelloParks’ Maglód megapark, adding another 10,000 sqm of warehouse space.
This expansion follows an initial lease agreement for 5,000 sqm last year in the MG1 warehouse, located near the Budapest Ferenc Liszt International Airport.
HGL’s expansion comes on the back of growing demand for processing e-commerce goods entering the EU via Hungary, handling product arrival, customs clearance, and forwarding to the European market.
Paul Szeman, CEO of HGL Group, said: “HelloParks Maglód offers a modern and predictable operating environment that fully meets our fast-paced and high-volume logistics needs. Based on our experience over the past year, it was clear that we wanted to further expand our capacity here.”
”This agreement is particularly valuable in that we managed to conclude it during a period that is challenging from a market perspective,” said András Bodahelyi, HelloParks’ Senior Business Development Manager.
The HelloParks Maglód megapark currently includes two completed warehouse buildings, MG1 and MG3, offering a combined 91,000 sqm of leasable space, with 95 percent already occupied due to high demand from airport-region companies. A third warehouse, MG4, is under construction, with advanced negotiations for its available space already underway.
