As one of Hungary’s first projects to feature an electric truck parking and charging station, the development is set to become a key sustainability benchmark for the sector, according to Panattoni. The first tenant, Fiege, has signed for 18,000 sqm with the completed handover scheduled for the second quarter of 2026.

“For Fiege, expanding in strategically located, modern and sustainable logistics centers is critical to meeting our clients’ needs and advancing our own sustainability objectives,” comments Gergely Hepp, managing director for the SEE region at Fiege Group.

“Panattoni Park Moson is a perfect fit for these ambitions, and we look forward to strengthening our presence in Hungary and Central Europe once the development is delivered,” he adds.

“With this speculative development, Panattoni is […] further expanding its Hungarian portfolio. The 27,000 sqm facility and its strong pre-lease uptake demonstrate the continued robust demand for premium logistics space in the Hungarian market,” adds László Kemenes, managing director of Panattoni Hungary.

Electric Truck 1st

Panattoni says it is targeting a BREEAM “Excellent” certification for the facility. “Reinforcing this approach, the development will also include one of Hungary’s first electric truck parking areas, co-funded by the EU. The facility will contribute to the long-term development of e-mobility infrastructure and help reduce the carbon footprint of the logistics sector,” the developer says.

Valued at approximately HUF 10 billion, the investment has been undertaken by the Recorde Panattoni RPM Real Estate Fund, managed by Recorde Fund Management, a subsidiary of the Concorde Group.

“This project is a perfect fit with Recorde’s investment strategy. We provide reliable, transparent and commercially outstanding opportunities for the most reputable developers to attract institutional and private-banking co-investors for their best risk-return projects,” says Gábor Kutas, founder and CEO of Recorde Fund Management. “We are proud to have supported the realization of this outstanding development with a tailor-made, stand-alone investment fund structure.”

The new park is Panattoni Hungary’s fifth development in the country, underscoring the company’s long-term growth ambitions across the Central and Eastern European region, according to the industrial developer.

CTP has handed over the facility at CTPark Komárom to BYD Electric Bus & Truck Hungary.

BYD Bus and Truck Moves into CTPark Komárom

BYD Electric Bus & Truck Hungary has taken possession of a new 5,000 sqm industrial hall at CTPark Komárom. BYD’s Hungarian subsidiary carries out activities related to commercial green vehicles in the city (93 km northwest of Budapest by road), and required a hall with specialized industrial infrastructure, according to CTP.

“The newly constructed building was specifically designed for high-tech operations that align perfectly with BYD’s objectives. The hall features, among other things, large drive-in gates, additional electrical capacity, and an advanced power network, all essential for ensuring the smooth and efficient running of daily operations,” says CTP of the transaction.

It notes that CTP’s one-stop-shop implementation model greatly facilitated the project, from planning and construction to licensing, as processes were coordinated by the developer, saving the client not only time but also considerable administrative burden.

CTP is targeting a BREEAM “Excellent” certification for the facility, which is expected to be completed in the fourth quarter of 2025.

CBRE Celebrates 1st Anniversary of Chinese Client Advisory Desk

CBRE Hungary is celebrating the first anniversary of its Chinese Client Advisory Desk, a dedicated service established to support Chinese companies investing in or expanding their operations in Hungary. Over the past year, the desk has worked as an advisor by bridging cultural and business practices, providing tailored commercial real estate solutions, and facilitating long-term partnerships, according to the consultancy.

Since its launch, the service has received around 50 client requests, including several from outside Hungary, spanning a broad range of sectors such as industrial, office, retail, and investment projects.

The strongest demand has come from companies in the electric vehicle supply chain, with a clear focus on industrial leasing opportunities. Geographically, investors have been most active in the Greater Budapest area, as well as regional hubs such as Szeged and Debrecen.

In its first 12 months, the office has successfully facilitated the sale of an office building in Budapest, supported BYD with a property cooperation agreement and subsequent property management services, and advised on industrial leasing transactions.

“The Chinese Client Advisory Desk has achieved strong results, generating high-quality business leads and strengthening CBRE’s client base. Hungary’s role as a gateway for Chinese investment into Europe is becoming increasingly important, and CBRE is committed to supporting this growth with world-class advisory and integrated services,” comments Tim O’Sullivan, head of investment properties at CBRE Hungary.

The specialist unit of Futureal Group is celebrating its fifth anniversary. Pictured is HelloParks Maglód Budapest Airport.

HelloParks Celebrates Fifth Anniversary

HelloParks, the industrial and logistics member of the Futureal Group, is celebrating its fifth anniversary and will complete the development of more than 500,000 sqm of warehouse space in the Budapest metropolitan area this year.

“The founders recognized the opportunity in the growing demand for modern and green industrial facilities during the pandemic and supply chain crisis, and the company now competes with the world’s largest warehouse developers in the domestic market,” the firm says of its journey to date. “When HelloParks was founded in 2020, the pandemic and subsequent supply chain disruptions presented significant challenges to industrial property developers. Storage methods evolved, and demand shifted toward modern industrial facilities. Tenants sought environmentally friendly, high-efficiency warehouse buildings,” it adds.

Warehouse development is continuing apace in 2025 as the FT3 buildings in Budapest North (in Fót, 20 km north of central Budapest) and PT5 in Budapest West (Páty, 22 km west of the capital by road) are expected to be completed this year, marking a significant milestone for the company, which will have developed more than half a million sqm of logistics and industrial space in five years. HelloParks says it is meeting the requirements for climate neutrality, having developed a detailed climate neutrality roadmap up to 2035. This year, the company switched to 100% green energy use across its entire warehouse portfolio and has set a net-zero emissions target for its new buildings by 2028 in terms of operational carbon, according to CEO Rudolf Nemes.

The company has introduced plastic fiber industrial flooring, reduced-carbon-footprint concrete structures, and the use of reinforced steel from 100% recycled sources.

This article was first published in the Budapest Business Journal print issue of October 3, 2025.