FoxPost moves into Helloparks megapark in Maglód


FoxPost has moved into the first completed unit of HelloParks industrial and logistics megapark located in Maglód, next to Budapest, according to a press release sent to the Budapest Business Journal.

FoxPost, operating the largest parcel locker chain of Hungary, is renting an area of 8,400 sqm. The company is installing its parcel sorting machines in the facility. The special feature of the building is that it could be the first Hungarian industrial facility to qualify for BREEAM New Construction Excellent sustainability certification in Hungary.

HelloParks, member of the Futureal Group, handed over the first phase of the first warehouse in its industrial and logistics megapark in Maglód last week. The construction of the 46,000 sqm building began only five months ago.

"The new warehouse is an important milestone for FoxPost: our new facility is the third-largest central warehouse building among the domestic market players, which will serve our entire national network, which will consist of over a thousand parcel locker machines by 2024. The move was necessary due to the dynamic growth in our turnover, as we are planning to grow by more than 40% this year compared to last year's record. In the new warehouse, we will switch to a fully automated parcel sorting system with an investment of EUR 1.5 million. With the new system we increase our daily capacity by nearly ten times, which means we can manage up to 100,000 packages a day," said Ádám Bengyel, CEO of FoxPost.

Rudolf Nemes, CEO of HelloParks, noted, "‘We are pleased our first tenant is an innovative, environmentally conscious, fast-growing company like FoxPost. We are also experiencing very strong interest from other potential tenants, we are in advanced negotiations for all our vacancies and our next tenant will be moving in soon. At the same time we have already started the planning and authorization processes of the next buildings so that we can meet the needs of our existing and future client’s needs as quickly as possible."

The logistics megapark in Maglód is located in a fast-developing industrial zone in the eastern agglomeration of Budapest. HelloParks is developing a total of 193,000 sqm of warehouse, light industrial and office space on the plot along the ring road M0, near the M4 and M5 motorways and the Budapest Airport. The investment value of the first phase’s 46,000 sqm development exceeds EUR 40 mln.

HelloParks is also developing in other locations in the vicinity of Budapest: the company is building one of the largest (76 hectares) industrial and logistical centers of the country in Fót, where a total of 330,000 sqm of storage and industrial space will be available. At Páty, on a 100 hectares plot, HelloParks will create a modern warehouse and production area in several phases with a gross leasable area of 400,000 sqm.

Further facilities of HelloParks will also meet the requirements of BREEAM sustainability standard just as HelloParks Maglód, according to the press release.

Zwack Profit Falls 16% Figures

Zwack Profit Falls 16%

EC Advances Infringement Procedure Over Hungary's Sovereignt... EU

EC Advances Infringement Procedure Over Hungary's Sovereignt...

Hell Energy Inaugurates HUF 80 bln Capacity Expansion Manufacturing

Hell Energy Inaugurates HUF 80 bln Capacity Expansion

Puskás Arena to Host 2026 Champions League Final In Budapest

Puskás Arena to Host 2026 Champions League Final


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.