Projects - Hungary at Property Expos
PROJECTS
OFFICE
Aréna Business Campus (ATENOR)
Aréna Business Campus is a grade A+ office complex offering 72,000 sqm leasable office and retail space. It comprises 4 buildings with an exceptional proportion of green areas, BREEAM Excellent sustainability and Access4you Gold accessibility certifications. A tram and a metro station are in walking distance and numerous in-house services, social and recreational areas are available within the park. Building A is operational with tenants like Heineken and Emerson Process.
BakerStreet I (ATENOR)
BakerStreet – ATENOR’s latest campus development, an A+ Class office project will be delivered in two phases in the heart of South Buda, designed by using environmentally conscious solutions, high-quality materials and cutting-edge architectural technology. The planned handover of the fully leased 16,500 sqm first phase, new HQ of E.ON Hungary, is expected in Q2 2024, while the construction of the 24,000 sqm second phase launches soon.
Budapest ONE (Futureal Group)
The 66,000 sqm modern and sustainable office complex is located in Őrmező, Hungary’s largest multimodal transport intersection with easy and quick access to the city centre and the agglomeration. The BREEAM certified, energy-efficient and people-centred building has also been the first in the country to receive the highest WELL rating, Platinum. It includes a 500-meter panoramic rooftop running track, “WELL room”, shops and services at the ground level.
Corvin Innovation Campus (Futureal Group)
The almost completely contactless office building is the next chapter of the internationally recognized Corvin Promenade success story. In line with the BREEAM Excellent and WELL Platinum standards the highly energy-efficient complex offers sustainable, people-centred solutions for its tenants. The 16,650 sqm first phase was already handed over in 2023. The pet-friendly building located in the vicinity of the metro station is easily and quickly accessible by public transport.
RoseVille (ATENOR)
RoseVille is a premium grade A + office project with 15,500 sqm of leasable, exclusive office space in the historic Óbuda. The aim was to create a human-centered workplace that fits organically into the historical image of the surroundings. The BREEAM Excellent and Access4You certified project’s handover was in Q2 2023. RoseVille was selected by international tenants like L’Oréal, Red Bull and Veeva Systems due to its unique ambience and green features.
Váci Greens (ATENOR)
Váci Greens is a campus-style development with 6 buildings on 130,000 sq m offering A+ class offices in a green environment. It is easily accessible, sitting 300m from the nearest metro stop. All buildings have been awarded BREEAM Excellent sustainability certifications, the latest phase, E & F are also Access4you-certified. Building E & F were handed over in 2020 and sold soon after. The new phase is 80%+ leased to various tenants such as Sanofi, Bonduelle, Mazars, ChemAxon and Mott MacDonald.
INDUSTRIAL, LOGISTICS
Login Business Park (WING)
One of the largest business parks in the northern region of Budapest, also serving a modern city-logistics function, located in the immediate vicinity of the M0 ring road, at the Pest foot of the Megyeri Bridge, where 80,000 sq m of space, from the smallest 500 sq m halls to tens of thousands of sq m of halls, „A” class offices are available for rent.
Kaposfil Business Park
The industrial estate is a nearly 17 hectares plot containing 4,5 hectares development area and 10 buildings. It includes 46.000m2 of warehouse/distribution space, and variable industrial, manufacturing and office spaces that ranges in size from 180m2 to 27.000m2. The estate presents opportunities of both land sale and build to suit options, it has an own railroad, and has customs warehouse option. It is also excellently suitable for the establishment of an intermodal logistics center (due to the own railway connection). The production hall was used for large-scale textile production until the 1990s, and it is equipped with sprinkler system and compressed air network. Other 10.6 hectares land is available for purchase next to the plot.
East Gate Business Park (WING)
East Gate Business Park, located at the junction of the M3 and M0 motorways, is the largest modern business park in the northern part of Budapest, in Fót , currently offering 130,000 m 2 of warehouse, office, manufacturing, production and assembly space on 36 hectares, with a further 20,000 m2 of development potential. The East Gate Business Park is the only facility on the Hungarian market to offer modern halls suitable for both warehouse and commercial uses, category „A” offices or stand-alone office buildings.
Northern Industrial Park Kaposvár
The City of Kaposvár has decided to build a properly prepared, new industrial park in the north-western part of the city for the implementation of existing and future developments of high importance. The area is bounded by highways 61 (future M9) and 67 from the north and east. With the development, in 7 phases, an industrial park with a total area of 445.7 hectares will be created. First phase (22,7 hectares) is done, 10 hectares are already sold, development of further phases is ongoing. All utilities (gas, water, sewage, electrictiy, telecommunications, district heating) are along the industrial park.
Somogyi Korona Plc. for industrial and accomodation development
Somogyi Korona PLC is a company with around 45 employees and constists of the Kapos Hotel (incl. own parking garage), Kapos Café and Restaurant, a business park (33.000 square meters plot with office building and warehouses – 18000 square meters of the plot is built-up area), a property directly in the central park of Kaposvár (3500 square meters) and several other real estates which also are in best location. Main share holder is one person (99,9 %), the company is for sale. This project is a real opportunity to take part in the re-industrialization of Kaposvár both from industrial and from accomodation side.
Science Park Kaposvár
Construction of the Smart Industrial Science and Innovation Park Kaposvár will begin in 2024 and will be finished by the end of 2025. Local businesses with capacities and capabilities in R&D tasks, in cooperation with the University of Óbuda, wish to use its research support to have a positive market stimulating effect on the development of the region. The strategy and R&D activities of the Park treat today’s main challenges as a top priority such as military industrial developments, use and storage of alternative energies, environmental protection solutions. It provides an opportunity to help local young people continue their education, it will be able to provide a practical place and help generate new university majors in the listed fields.
Taszár Airport (HIPA)
Taszár Airport is located in the South-West of Hungary. This region enjoys a 50% FDI subsidy level. 5 km west of Taszár is Kaposvár, a city with a population of 60,000. The Taszár Airport lands consists of 36 plots and covers an area of 515 hectares. The main block covers 490 ha and consists of 7 plots. The future uses will include industrial production, energy community, incubators, scientific attractions and smart recreation facilities. For electricity microgrid solution is planned: the aim is to combine large-scale power generation, balancing, storage, O&M and consumption in a single location, thereby decreasing the strain on the national grid system.
Debrecen – Logistic center (HIPA)
INPARK is developing a top-notch logistic center for lease to its esteemed client, CATL. It is a purpose-built facility that offers tailored accommodations. The building will take place on approximately 43 hectares of land in the Southern Industrial Park with an area of 61,000 square meters with the possibility of the extension up to 200,000 square meters area. The main structure of the building comprises precast reinforced concrete columns and beams, complemented by facade, insulation, and roofing. It is equipped with essential safety features including fire alarm systems, sprinklers, Building Management Systems (BMS), and automatic loading gates. The construction started in May 2023, and currently is in an advanced stage.
Opportunities and future (Békéscsaba)
In the past decade, the Municipality of Békéscsaba has been striving for a long-term relationship with potential investors, therefore its approach to city development was characterized by innovative strategic planning in order to create an investor-friendly infrastructure, in close cooperation with the Government of Hungary. Several industrial areas have been developed, which can accommodate investors of different sizes and with a wide spectrum of infrastructure needs. The country’s most modern, state-of-the-art technology-equipped Printing Training Center and Aviation and Mechanical Training Center were built, which serve the labor needs of businesses operating in the city. Preparations for the development of the regional airport are underway. In addition to an investor-friendly approach, the city management supports environmentally conscious city development.
Gyula – Industrial Park (HIPA)
AIRBUS Helicopters selected INPARK Gyula Industrial Park’s 14.8 hectares industrial park as the site for its new aerospace enterprise in Hungary. A 15,867-square-meter green field aerospace manufacturing hall has been built according to the most modern industry requirements. The plant manufactures precision steel and titanium components for the kite structure and dynamic systems of the company’s helicopters, as well as some metal parts of the door panels. The development was the Winner of the Best BTS/ Manufacturing Project 2022 at the 4th Annual CRE Awards organized by EuropaProperty. Adjacent to the AIRBUS building INPARK also developed a 3,477 sqm surface treatment facility. The French–owned Satys Group has been a supplier of Airbus for thirty years. The Hungarian N7 Group takes part in this cooperation as a partner.
Airport City Business Park (WING)
Airport City Logistic Park is a largest modern business park complex in the close vicinity of Ferenc Liszt International Airport in Budapest. The 30-hectare site contains almost 53,000 square meters of modern warehouse buildings with office area in seven buildings already functioning and with further 150,000 square meters development potential. Thanks to its flexible solutions and market leading technical features, the warehouses of Airport City could satisfy all complex needs from 1,200 square meters small units till 10.000 square meters warehouses with high ceiling storages.
Nagykanizsa – Industrial Park (HIPA)
Honeywell has relocated and expanded its operations in Nagykanizsa and has signed a long-term lease contract for the complex manufacturing plant. INPARK completed a 10,935-square-meter facility in its 73 hectares industrial park right next to Motorway M7/E71 and Road 7. The building comprises 8,568 square meters of production and warehouse areas, as well as 2,367 square meters of office and social areas. The building has been developed to accommodate the manufacturing and warehousing activity of the tenant with the utmost flexibility to design work areas and rearrange them on demand, with the help of a strong primary electrical, IT and compressed air grid. The manufacturing area is temperature and humidity controlled. A part of the warehouse floor is suitable for VNA forklifts. INPARK’s Nagykanizsa development with Honeywell was recognized as the Best BTS Project at the 5th Annual CRE awards organized by EuropaProperty.com.
IGPark Debrecen (Infogroup)
IGPark Debrecen is located in the North-western industrial belt of Debrecen, with direct access from M35 highway. The park boasts outstanding location, due to its close proximity to the BMW plant. The Park offers 4.6 ha land with 27,000 m2 development potential. The first building is under development, hand over is expected in 2025Q1.
Limitless Park Biatorbágy (HIPA)
Limitless Park is an industrial real estate project of almost 200,000 sq. m, right next to the M0-M1 highway in Biatorbágy, only 15 minutes from Budapest, in an excellent location in
Hungary. The development of Limitless Park would be based on the concept of a green industrial park according to ESG and BREAM guidelines. Projects related to last mile and city logistics, production and assembly, commercial activity can be implemented in the park. A total of 65,000 sq. m buildings can be built in the form of 1,500 sq. m – 15,000 sq. m halls.
Miskolc South Tecnhology Park (HIPA)
The 85 ha industrial area with a well-developed infrastructure is located in the southern part of the city of Miskolc, which is center of the region with a population of 360,000. The Government of Hungary has declared the area to be of major importance for the national economy, and thus the area has VIP status. Within a radius of 100 km, 3 neighbouring countries can be reached, allowing any company with logistics or manufacturing activities to connect to the production chain in the area.
East Gate Pro Business Park (WING)
East Gate PRO is the second phase of the highly popular East Gate Business Park project offering modern and customisable warehousing solutions at the junction of motorways M0 and M3, in direction of Fót (North of Budapest). The high-tech buildings offer hall spaces suitable for production, assembly and warehousing too, and are available with high-quality offices and service functions upon demand. East Gate PRO will be offering a total of 60,000 sq m to be leased in a total of 5 halls.
HelloParks Alsónémedi – Budapest South
HelloParks Alsónémedi is the company’s latest real estate investment location—a 60,000 sqm warehouse construction project, which began last year on a 135,000 sqm site. The building will be built to the highest Outstanding rating in the BREEAM New Construction category and will be aligned with EU Taxonomy requirements. The development is expected to be completed in Q4 2024.
HelloParks Fót – Budapest North
In the HelloParks Fót megapark, 330,000 sqm of industrial real estate on 76 hectares is under development. Three buildings have already been handed over on the site, totalling 116,000 sqm, of which tenants have already signed contracts for more than 77,000 sqm. All the buildings in the park have been constructed to the highest criteria of the BREEAM sustainability standard in New Construction category.
HelloParks Maglód – Budapest Airport
The HelloParks Maglód project, located on 46 hectares of land near Budapest’s Ferenc Liszt International Airport, will involve a total industrial development of more than 200,000 sqm. Two warehouses have already been handed over on a total area of 90,000 sqm, the second of which is the first industrial building in Hungary to achieve the highest Outstanding rating of the BREEAM sustainability certificate in the New Construction category.
HelloParks Páty – Budapest West
In the 108-hectare HelloParks Páty megapark, a total of 354,000 sqm of industrial space is under construction. The 58,000 sqm PT1, built in the first phase, is the biggest modern industrial hall in the Budapest catchment area and has recently obtained the Outstanding rating of BREEAM in the New Construction category at Design Stage. Two other halls are currently under construction for a total of 84,000 sqm: PT2 will be completed in Q2 2024, and PT3 in the Q4 2024.
IGPark Miskolc (Infogroup)
IGPark Miskolc is located within the Miskolc Mechatronic Area, with access to M30 highway. Owner and developer Infogroup has delivered the Park’s first built-to-suit development, a fully customized 19,000 m2 plant to meet the needs of an international manufacturing company. Within the framework of this project, there is the possibility to build out further 14,000 m2. The Park also offers 5 ha land, where approx. 24,000 m2 of halls can be built, either for lease or purchase according to individual requirements. In the adjacent area (Szirmabesenyő), the company has a further 23 ha of industrial land available for development in built-to-suit cooperation.
IGPark Kecskemét South (Infogroup)
IGPark Kecskemét South is located in the South-Kecskemét Industrial Area of Kecskemét, right next to global companies, such as Mercedes Benz, Kühne+Nagel, Duvenbeck, Knorr-Bremse and SMP. The Park is easily accessible from M5 motorway and 54 highway, thus ideal location for both logistic and industrial purposes. In summer 2023, the owner and developer Infogroup completed the development of a 21,000 m2 industrial-logistic hall and the building of another 15,000 m2 hall is underway. IGPark Kecskemét South offers 70,000 m2 for further development.
IGPark Kecskemét West (Infogroup)
IGPark Kecskemét West is located at western Kecskemét near M5 highway only 90 km from Budapest in the centre of Hungary. The Park provides excellent accessibility, being within minutes of M5 highway. The Park has 33 ha industrial area, out of which 40,000 m2 total GLA is fully leased. It is currently home to internationally acclaimed tenants, among them two major international industrial manufacturing companies, and the owner Infogroup plans to build another 25,000 m2 hall for potential industrial tenants, to be opened in 2025. Additionally, IGPark Kecskemét West has approximately 11 ha development land which offers 50,000 m2 development potential.
IGPark Polgár (Infogroup)
IGPark Polgár is located right at the Polgár exit off the M3 highway. Due to its outstanding location the Park can be easily accessed from 4 major Hungarian cities – Budapest, Debrecen, Miskolc and Nyíregyháza. Also, being located at the international transit network, TEN-T, the neighboring countries – Slovakia, Ukraine, Romania – are easily accessible. Covering 58 ha altogether, the Park offers 40,000 m2 class ‘A’ warehouse space for rent, as well as development plots both for sale or for build-to-suit.
RETAIL
Etele Plaza (Futureal Group)
Hungary’s first smart plaza located in Kelenföld, at the largest multimodal transportation hub in the country. The sustainable Etele Plaza has obtained the BREEAM Very Good certification. In addition to the shops, there is a wide range of food outlets, restaurants, cafés, fitness facilities, a children’s play area and services in the 55,000 sqm shopping and entertainment centre. Moreover, the Etele Cinema takes the movie experience to a new level in the complex.
HOTEL
Hotel Kaposvár
In 2021, a 4-star, 120-room hotel was planned for Kaposvár in connection with the Virágfürdő (Spa) located on the Csík Ferenc promenade. The hotel plot is located in the immediate vicinity of the city center, between the railway and the Kapos River. According to the plans, it will be directly connected to the medical department of the Virágfürdő, the indoor spa, and the beach. The net floor area of the hotel exceeds 9,100 m2, including two conference rooms, a lobby, a bar, a restaurant for 160 people, 120 rooms (for 248 people), sky wellness, sky bar.
Hotel Development on Dósa Nádor square
The develoment site is in the heart of Debrecen on the renewed Dósa Nádor Square. Aim of the tender and development: based on the Hotel Stars qualifier system minimum 4 star hotel development and operation. Construction parameters of the development property (formed by merging plots parcel #8503 and #8504); Construction zone: Vt-Vk/15; Total size of the development area: 1578 m2; Maximum permitted level of built-in (below ground level): 100%, and the regulated public area at the back can also be built-in. The sale of the property will start in 2024 through a tender process. The seller is Debrecen Asset Management Plc.
RESIDENTIAL
Residential Opportunities
The city of Kaposvár has set as its goal the development of the city’s economy, the re-industrialization of the city, which means the creation of 1,500-2,000 new jobs in the next 2-5 years. In connection with this, the city wishes to ensure the improvement of housing conditions by creating an appropriate quantity and quality of accommodation. In order for this to be realized, well-located areas suitable for the construction of new detached houses, condominiums, or workers’ hostels were designated and explored in city center and garden city zones (numbers=areas on the map from 1 to 14).
Tócóvölgy Debrecen Residential development
The aim of the project is a development of new-build, modern, affordable, new residential properties with the creation of large green areas on a 10 ha property. This residential development can be part of the rental housing program of the city of Debrecen. The prepared properties will be sold in packages as projects with building permit plans and building permit: Package 1: 24 973 m2 (2 properties); Package 2: 69 589 m2 (4 properties); Complete construction of public utilities (roads and infrastructure) will be completed in the second half of 2026 developed by the City of Debrecen. The sale of the property packages will start in 2024 through a tender process.
LAKE11 Home&Park (ATENOR)
ATENOR entered the residential real estate market in Hungary with LAKE11 Home&Park in 2021. The green belt residential park investment is developed in South Buda, District 11 on 8-hectares. LAKE11 will offer park and lakeside villa houses, parks and large public spaces with promenades and outdoor facilities. The developer builds 900 homes in the area offering apartments from studios, 1-4-bedroom apartments, penthouses and exclusive duplexes.
