Rossmann's New Logistics Hub Completed in Record Time

Rossmann, the renowned drugstore chain, has commenced the installation of advanced system technologies in its new logistics hub in Üllő, just south of Budapest. The facility was handed over under early access terms by the developer, Panattoni Hungary, and owner OTP Real Estate Investment Fund.

This HUF 20 billion project, one of the largest build-to-suit agreements in 2023, reached this milestone in just 11 months. The 28,000-square-meter warehouse, which includes a 4,000-square-meter, three-story semi-automated racking system, is already under development. The full completion of the project, including a 4,000-square-meter modern office building, is scheduled for Q3 2025.

A portion of the unique facility, unprecedented in Hungary's commercial sector, was handed over in November 2024, enabling the installation of Pick-up Tower technology. During this phase, a specialized industrial floor was also completed, designed to support cutting-edge logistics systems. While construction is ongoing, early access allows Rossmann to begin implementing state-of-the-art solutions such as conveyor systems, PickByLight, and Voice picking technologies.

“This project posed a highly complex challenge, and we consider it a remarkable achievement to reach this phase on schedule, allowing Rossmann to commence the installation of its technological systems,” the Managing Director of Panattoni Hungary, László Kemenes said. “This collaboration highlights Panattoni’s unique market position: our build-to-suit projects are not only developments but also significant investment transactions, which are particularly valuable in today’s cautious market environment,” he added. This landmark project, developed by Panattoni Hungary Development Ltd., has already earned industry recognition during its construction phase. It was awarded the "Real Estate Investment Deal of the Year (Domestic)" at the Portfolio Property Awards. The general contractor, Goldbeck Hungária Kft., has been active in Hungary since 2016 and is known for delivering innovative and sustainable industrial and logistics facilities. The complex, developed under a forward funding agreement with OTP Real Estate Investment Fund, is set for completion in Q3 2025, with operations expected to begin in early 2026.