HOPI, a major player in the domestic and international transportation and warehousing market and a long-term partner of GLP, has decided to significantly prolong its lease at GLP Gyál Logistics Centre and expand its warehouse and office space by one and a half times.
HOPI Hungária Logisztikai Kft has been operating in Gyál for more than 15 years. As of June 2022, the company occupies approximately 5000 SQM of warehouse and office space across GLP Gyál Logistics Centre. With the latest signed agreement, HOPI plans to lease a further 2,500 SQM.
Through the acquisition of an extensive Central and Eastern European real estate portfolio, GLP has been operating within the Hungarian market since 2020, with HOPI being one of GLP’s oldest partners. Since then, GLP has carried out a number of significant developments and is currently focusing primarily on the Szigetszentmiklós area, where it plans to establish approximately 180,000 SQM of first-class, environmentally focused facilities in several stages.
A key feature of GLP’s real estate portfolio is the strategic location of its warehouses. Its assets are situated in close vicinity to large cities, near key commercial junctions and expressways. GLP Gyál Logistics Centre is located just 23 kilometres from the city centre of Budapest, along the M5 motorway, near Ferenc Liszt International Airport.
Mr. Fekete Attila, HOPI Hungária Logisztikai Kft’s Sales Director, remarked that: “Our existing, positive relationship with GLP made the decision to commit to an extension and expansion within GLP Gyál Logistics Centre an easy one. GLP’s proactive, cooperative approach to tenant requirements and the high technical and sustainability standards of its buildings, alongside their strategic location, all provide an edge.“
István Kerekes, Country Manager of GLP Hungary, said: “Long-term perspective is an important part of GLP’s business philosophy. Our buildings remain in our portfolio for longer than usual and are managed by our own dedicated experts. This approach enables us to build and maintain long-term partnerships. The several increases of length and floorspace of leases concluded in the past few years highlight our ability to meet our customers’ evolving needs. A clear indicator of the effectiveness of our work is that many of our clients have been growing with us for years, regardless of the size of the facility they use.”