Panattoni has handed over a new logistics centre in Üllő, developed for one of Hungary's leading drugstore chains. The facility features advanced technological solutions and marks Panattoni Hungary's fourth completed development and second joint project with OTP Real Estate Investment Fund. The approximately 32,000 sqm logistics centre was delivered within a comprehensive development framework and is expected to begin operations in Q2 2026.
The new logistics warehouse was designed entirely according to the tenant's operational and technological requirements. The project's complexity is reflected in its extended delivery timeframe compared to typical 9-12 month industrial developments, though it was completed on schedule. Advanced features include a multi-level, semi-automated Pick-up Tower covering several thousand sqm and cutting-edge logistics systems incorporating conveyor technology, Pick-by-Light and voice-picking solutions.
"The Üllő project represents a milestone for our Hungarian operations, made possible by collaboration between the tenant, investor and general contractor," said László Kemenes, Managing Director of Panattoni Hungary.
The project was delivered as an investment of the OTP Real Estate Investment Fund, with Goldbeck Hungária Kft. as general contractor. "The Üllő development demonstrates how the OTP Real Estate Investment Fund can create long-term value by participating in projects that are financially sound, technologically advanced and sustainability-driven," said Ervin Fidél Schwender, Head of Property Development, OTP Real Estate Investment Fund Management.
Sustainability considerations played a central role throughout development. The property is undergoing BREEAM Very Good certification, whilst the 280 kWp rooftop solar system and 47% landscaped green area support environmentally conscious operations. Technical specifications include more than 27,000 sprinkler heads, 3,600 cubic metres of firewater storage, 42 dock levellers and a 10,800 sqm, three-storey pick-up tower.
