“The investment is a significant milestone in the life of Innovinia, as the development was realized according to plan in a very dynamic real estate market right next to BMW, and the building was fully let by the time it was handed over,” says Andrea Derényi, head of sales at Innovinia.
“We are very pleased that Duvenbeck will be able to start operations on schedule, for which we have tailored the building section and sincerely look forward to a successful long-term cooperation,” she adds.
The newly opened logistics hall represents a new level in industrial real estate development, not only in terms of size, but also in terms of its “environmentally conscious” design. Innovinia (formerly known as Infogroup) says it aimed to develop IGPark Debrecen (223 km east of Budapest by road) along an eco-industrial concept, in line with the company’s ESG strategy.
The company aims to implement ESG solutions that have a lasting impact, such as planting native plant species, which will lead to biodiverse vegetation in its parks. Green spaces were developed in cooperation with the Department of Ecology at the University of Debrecen.
“Our new Debrecen site strengthens our Central European logistics network with its strategically prominent location and state-of-the-art technical equipment,” comments Mónika Kovács, head of Duvenbeck Hungary, on the establishment of the new facility. The firm, headquartered in Bocholt, North Rhine-Westphalia, Germany, also has bases in Austria, the Czech Republic, Poland, Romania, Slovakia, and Spain, in addition to Hungary.
The Hungarian-owned developer and investor has specialized in the development of industrial and logistics parks in provincial hubs across Hungary. This reflects the need for industrial and logistics parks outside of Budapest to meet demand from companies in the auto and EV battery manufacturing industries that are located close to cities such as Debrecen.
Innovinia has an industrial and logistics portfolio of 230,000 sqm in Kecskemét (90 km southeast of the capital), Polgár (180 km east), Miskolc (187 km northeast), Tiszaújváros (176 km east) and Karcag (170 km east) in addition to Debrecen.
HGL has leased a further 10,000 sqm at the HelloParks Maglód megapark. The logistics service provider began operations last year in a 5,000 sqm lease at the MG1 warehouse within the same logistics park, situated near Budapest Ferenc Liszt International Airport. With the expansion, it will now occupy a total of 15,000 sqm of space.
HGL has a role in processing e-commerce goods arriving in the EU through Hungary. The company handles product arrival, customs clearance, and forwarding to the European market from Maglód (30 km southeast of central Budapest by road), which requires a rapid turnaround through a modern infrastructure and reliable operations, according to the company.
“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,” says Paul Szeman, CEO of HGL Group.
“The current agreement not only signals HGL’s strengthening but also proves the viability of HelloParks’ airport-proximity strategy,” comments András Bodahelyi, senior business development manager at HelloParks.
“The e-commerce company’s goal is to build a service ecosystem that comprehensively serves the needs of logistics, customs, and freight forwarding companies operating in the airport area. HGL’s expansion is important feedback for us, as a globally active, high-volume logistics partner has decided to begin significant development in our Maglód mega park and commit to us long-term. This agreement is particularly valuable in that we managed to conclude it during a period that is challenging from a market perspective,” Bodahelyi adds.
HelloParks Maglód currently has two completed warehouse buildings, MG1 and MG3, offering a total of 91,000 sqm of leasable space. Around 95% of the available space in the two buildings is already occupied, primarily due to strong demand from companies in the airport region.
The MG1 warehouse is the first industrial property in Hungary to achieve BREEAM sustainability certification at the “Excellent” level in the New Construction category. Construction of a third warehouse, MG4, is currently underway in the Maglód industrial park, and the developer is already conducting advanced negotiations for space there.
Since its launch, HelloParks has established a presence in four locations in the Budapest area: Budapest Airport (Maglód), Budapest North (Fót, 20 km northeast), Budapest West (Páty, 22 km west) and Budapest South (Alsónémedi, 24 km southeast). Across these four sites, it is developing more than one million sqm of warehouse and industrial space on a total of 200 hectares. The total development value of completed and ongoing projects is approaching EUR 600 million, according to HelloParks, a subsidiary of the Futureal Group.
Wing has signed a 9,000 sqm letting at Skylight City office building to establish the Hungarian headquarters of a multinational company specializing in the distribution of health-focused dietary supplements.
Already present in the Czech Republic and Poland, the company was seeking a flexible and well-located site location for its entry into the Hungarian market. For the new tenant, it was crucial to find a building that provides a work environment for daily operations, while also being suitable for hosting events, training, and conferences with up to 190 participants, according to Wing.
The 20,000 sqm complex at Róbert Károly körút 54 in Pest’s District XIII was awarded a BREEAM In-Use “Very Good” sustainability rating in 2023. It offers office space for companies building a market presence in Hungary, according to Ernő Takács, deputy CEO for hotels and commercial properties at Wing. Citireal represented the tenant throughout the transaction process.
This article was first published in the Budapest Business Journal print issue of July 11, 2025.
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