HGL expands operations in HelloParks Maglód Megapark

HGL has signed a lease for an additional 10,000 square meters of space in the HelloParks Maglód megapark, increasing its total area in the facility to 15,000 square meters. The logistics service provider began operations last year in a 5,000 square meter unit within the MG1 warehouse of the industrial and logistics park, located near Budapest Ferenc Liszt International Airport.

HGL is involved in processing e-commerce goods entering the European Union through Hungary, managing product arrivals, customs clearance, and distribution to European markets. Its operations in Maglód require efficient processes, modern infrastructure, and reliable services.

“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,” said Paul Szeman, Chief Executive Officer of HGL Group.

The agreement reflects both HGL’s growth and HelloParks’ strategy to develop industrial real estate close to the airport. HGL aims to establish a service ecosystem in the area to support logistics, customs, and freight forwarding activities.

“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 megapark 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,” said András Bodahelyi, HelloParks’ senior business development manager.

HelloParks Maglód currently has two completed warehouses, MG1 and MG3, offering a total of 91,000 square meters of leasable space, with around 95 percent of the space already occupied, driven by strong demand from businesses operating near the airport. The MG1 warehouse is notable for being the first industrial property in Hungary to achieve BREEAM Excellent certification in the New Construction category. Construction of a third warehouse, MG4, is underway, and HelloParks is in advanced negotiations for its available space.