Pharmaceutical company is the first tenant of Panattoni City Dock Törökbálint

Located just 12 km from the city centre, the complex of four warehouses meets the latest environmental standards. The first tenant, Pharma Pack Hungary Ltd., has signed a long-term lease with Panattoni.

The Panattoni City Dock Törökbálint complex, with a total area of more than 17,000 square metres and four modern logistics halls, will be inaugurated at the beginning of May with the first tenant starting operations at the beginning of Summer.

Pharma Pack, a manufacturer of pharmaceutical products – and a wholly owned Hungarian subsidiary of Extrovis AG – will build a warehouse and packaging facility, including a specially designed cold storage warehouse. Extrovis AG is a Swiss-based integrated pharmaceutical company with a strong focus on the development and production of niche and complex pharmaceutical products.

„The logistics park in Törökbálint has an excellent location, which is very important for us as we intend to serve not only Hungary, but also our partners around the world from here" – said Krisztián Varga, Managing Director of Pharma Pack Hungary Ltd. – "In addition to the location, we were specifically looking for a building that is first-class from an environmental and technological point of view. The modern building of Panattoni City Dock Törökbálint meets all our pharmaceutical requirements, which is extremely important in our quality-conscious company building”

"Hungary plays a key role in the future manufacturing and logistics infrastructure of the Extrovis Group. The new logistics centre is an important milestone in the competitive market introduction of our products and will give Pharma Pack's talented team the opportunity to further improve the quality of the services they provide" – added Dr János Váczi, CEO of Extrovis Group. 

The industrial complex in Törökbálint aims to achieve BREEAM Excellent certification, meaning that its running costs, energy and resource use are more efficient than the average industrial property, and therefore meet the highest green building standards. "Panattoni is the market leader in Europe, with over 9 million square metres of certified sustainable space delivered on the continent alone" – said László Kemenes, Managing Director of Panattoni Hungary – "We are aware that as a leading global player we have a responsibility to meet climate targets, so we have committed to making all our new developments net zero carbon by 2025"

„Our project in Törökbálint not only implements environmentally conscious construction, but also creates a last-mile warehouse centre located close to the city centre along the motorway. This could be a good solution for companies that want to improve their transport efficiency and inventory management processes in a pleasant environment, as well as reduce costs and environmental impact" – emphasised Mariann Tóth, Leasing Director of Panattoni Hungary.

Panattoni's partner in the transaction was Colliers. "It was a great professional honour for me to be involved in the successful transaction of a tenant with big plans and a real estate development company with big plans as well. The high pharmaceutical industry standards and unique tenant needs can now be accommodated in a high-quality building in the Panattoni City Dock Törökbálint park and a flexible landlord can be provided with a long-term home" – said Tamás Beck, Director of Colliers Hungary.