ARTICLES LABELLED WITH TAG HelloParks

Scope Ratings has revised Futureal’s outlook to Stable, affirming the BB- issuer ratings for Futureal Development Holding Kft. and Futureal Holding B.V.

Industrial developer HelloParks has announced that all of its warehouse buildings in Hungary comply with the stringent requirements of the EU Taxonomy, making it the sole recipient of this recognition in the country to date.

HelloParks, part of Futureal Group, has started the construction of two new industrial and logistics facilities with a combined area of 88,000 sqm in Fót and Páty, located north and west of Budapest. 

DHL Group's subsidiary DHL Supply Chain will move to the PT1 warehouse building in the HelloParks Páty logistics centre in early 2024. The logistics provider has secured 20,000 sqm of industrial space in the building.  

The Hungarian subsidiary of Transdanubia, a leading international logistics provider has secured 24,000 sqm of industrial space in the PT3 building of the Hellopark Páty mega park, developed by Futureal Group subsidiary HelloParks. The new tenant is expected to move in at the end of 2024.

The German retailer has secured an 18,000 sqm industrial space in HelloParks Páty, located in the western suburbs of Budapest. The new facility will serve as a regional warehouse centre for the company. DM will move in at the end of November 2023.

The first tenants have moved into the new logistics park at Maglód and Fót which has been developed by the Hungarian company HelloParks, a subsidiary of Futureal Group. The MG3 building at Maglód offers 46,000 sqm of modern industrial space while at Fót 26,000 sqm of logistics space is available in the FT6 building.

HelloParks, a subsidiary of Futureal Group announced a fourth major industrial development in the Budapest logistics market. This time the firm will start construction on the southern outskirts of the Hungarian capital. The new 60,000 sqm industrial property in Alsónémedi is the biggest industrial project in the firm's history and is scheduled to open in Q2 2024.

The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.

The first column of the first 58,000 sqm warehouse in HelloParks' Páty megapark has been placed. The nearly €70 million investment will be the largest contiguous warehouse in Budapest's agglomeration and it is HelloPark's largest project to date.