Panattoni has completed another significant logistics development in Üllő

By: Trademagazin Date: 2025. 11. 24. 10:04
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A new logistics center built for one of the leading Hungarian drugstore chains has been handed over in Üllő. The facility, featuring unique technological solutions, is Panattoni Hungary’s fourth successfully completed development, and the second joint project with the investor OTP Real Estate Investment Fund. The approximately 32,000 square meter, modern logistics center was implemented within a complex real estate development, leasing and investment framework, and is expected to begin operations in the second quarter of 2026.

The new logistics hall was built entirely in line with the tenant’s operational and technological needs. The complexity of the investment is well illustrated by the fact that the project, which was scheduled and completed according to the planned deadlines, was significantly more complex than the 9-12-month implementation period typical of industrial-logistics developments. This is clearly demonstrated, among other things, by the semi-automatic Pick-up Tower warehouse technology developed on several thousand square meters, on three levels, as well as the high-tech logistics solutions based on conveyor, Pick-by-Light and voice picking systems.

“We are particularly proud that we were able to close our fourth successful development on the fourth anniversary of Panattoni Hungary’s establishment. The Üllő project is a milestone in our domestic operations in terms of both size and complexity, which was made possible by the exemplary cooperation between the tenant, the investor and the contractor”

– said László Kemenes, Managing Director of Panattoni Hungary.

The development was implemented as an investment by OTP Ingatlanbefektetési Alap, the general contractor of the project is It was Goldbeck Hungária Kft.. The project is an excellent example of how Panattoni, as a key player in the segment, ensures the full coordination and timely completion of large-scale, multi-stakeholder build-to-suit developments in Hungary.

“The Üllő development is a good example of how OTP Real Estate Investment Fund can participate in investments that are not only financially sound, but also technologically and sustainably progressive, in line with its long-term value-creating goals. The cooperation with Panattoni has once again proven that professional partnership and a shared vision can bring outstanding results in the domestic logistics real estate market”

– emphasized Ervin Fidél Schwender, Real Estate Development Director of OTP Real Estate Investment Fund

Sustainability aspects have been given a prominent role in the entire development process. The property is currently undergoing a BREEAM “Very Good” certification, and the 280 kWp solar panel system on the roof and the 47 percent green area index will contribute to environmentally conscious operation in the long term. The technical parameters of the development are also noteworthy: more than 27 thousand sprinkler heads and 3,600 cubic meters of extinguishing water ensure the fire protection of the facility, while 42 docking gates and 10,800 square meter, three-story pick-up tower serve the efficiency of logistics processes.

The tenant is currently working on the internal system technology development of the warehouse in order for the Üllő center to start live operation in the second quarter of 2026 as planned.

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