cijeurope.com: Hungary’s largest speculative warehouse welcomes first tenant

2025.06.04.

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Hungarian fashion brand RETRO JEANS has signed a long-term lease agreement with HelloParks to establish its new central warehouse at the HelloParks Budapest South (Alsónémedi) AN1 facility. The brand will occupy 5,000 square meters in the newly completed logistics hall, which is the largest speculative industrial building developed to date by the Hungarian-owned industrial property developer.

RETRO JEANS, founded in 2001, operates at more than 60 retail locations across five European countries. By relocating to the AN1 facility, the company aims to improve the efficiency of distribution to both retail outlets and online customers. “The strategic location, technical standards, and flexible layout of the new logistics center were key factors in our decision,” said István Barnák, Project Manager at RETRO JEANS.

Located in Alsónémedi, a key logistics hub in the southern Budapest submarket, the 60,000-square-meter AN1 hall offers direct access to major transportation routes including the M0 and M5 motorways and is approximately 20 minutes from Liszt Ferenc International Airport. The facility includes features such as contiguous 15,000-square-meter spaces, a 12-meter clear height, and cross-dock options, making it suitable for logistics providers, courier services, freight forwarders, and e-commerce operations. High power capacity also allows for specialized storage, including refrigerated and pharmaceutical goods. The building has been constructed to meet the BREEAM New Construction Outstanding rating and complies with EU Taxonomy requirements.

“Speculative developments depend on attracting tenants who recognize the long-term value of these facilities. RETRO JEANS is a strong and established brand, and we are pleased to welcome them as the first tenant of this site,” said András Bodahelyi, Senior Business Development Manager at HelloParks.

HelloParks’ total completed industrial portfolio now spans 410,000 square meters across locations in Fót, Páty, Maglód, and Alsónémedi. The company is currently developing two additional halls totaling 88,000 square meters. All HelloParks buildings are developed to meet high sustainability standards, holding either BREEAM Outstanding or Excellent certifications, as well as EU Taxonomy validation.

Read the full artcile on cijeurope.com.

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