INPARK at the MIPIM Exhibition in Cannes

Hungary will be represented at the world's largest real estate exhibition with environmentally conscious and sustainable developments, according to a press statement by INPARK, the largest developer of Hungarian industrial real estate.

INPARK could be a key player at the Hungary-Budapest stand at this year's MIPIM, one of the world's most important real estate development exhibitions, held between March 14 and 17 in Cannes. INPARK will showcase its portfolio in Hungary, which is outstanding in international comparison. In 2022, the most successful year in its history, INPARK delivered nearly 80,000 sqm of halls in five different locations, with a total of six buildings. To maintain this growth rate, successful presentation and direct business communication at MIPIM is essential, the company says. INPARK's references, from Airbus Helicopters to Bosch and Honeywell, give it a convincing edge in an increasingly fierce global competition. The stakes are huge: a successful INPARK can make a significant contribution to working capital investment and job creation in Hungary.

The industrial and logistics market has soared in recent years, but it is not only thanks to this that INPARK – together with the company's industrial park model – has become a brand that can be found anywhere in the world. INPARK Gyula has built a 15,000 sqm hall for Europe's leading company Airbus Helicopters using the latest technologies, but there is also the recently inaugurated hall in Nagykanizsa where Honeywell's production and warehousing department has moved. INPARK offers a full range of services through its environmentally conscious and sustainable developments, whether it is the sale of development land or the development of turnkey halls, either for rental or sale, according to the statement.

The CEO of National Industrial Park Operator and Developer (NIPÜF) Plc., Béla Köves, does not see the robust demand for industrial parks as a temporary situation but believes that the current boom in the segment should be exploited now. "At the Hungary-Budapest stand, the country will mainly be represented with industrial real estate because there is plenty of potential in this area. Our future goal is to maintain our competitiveness and competitive advantage, to make our industrial parks even more attractive with value-added services, to continuously expand our offer, thus supporting sustainable, successful growth and the unbroken confidence of foreign investors in the Hungarian economy," he explained.

NIPÜF started in 2016 as a public company in the industrial real estate development market, where it has become a recognized leader under the INPARK brand. As an industrial real estate developer, it is present in 17 cities and towns in Hungary, covering nearly 900 hectares, and has the largest development land portfolio in the Hungarian market. INPARK, with its complex developments, encourages the establishment of domestic and foreign companies, the introduction of new technologies, job creation and economic stimulation. Their industrial parks are home to leading international companies that are strategic partners in the implementation of Hungary's economic policy goals.

"Our country's presence at the world's largest real estate exhibition and the presentation of development trends are important because industry, recreation, tourism and real estate development are the basis for a renewed and competitive Hungary, which can make a major contribution to Hungary's rise to the top of the list of the most developed countries in the region by the middle of the century. We have done our utmost to stand out from the tsunami of supply that characterizes MIPIM and to ensure that the Hungary-Budapest stand serves our objectives effectively. We have tried to pay attention to the smallest details to make it clear what Hungary, INPARK, offers to investors: environmental awareness, sustainable development, a full range of high-quality services," the Director of Business Development and Government Relations at NIPÜF Plc., Gabriella Lonkai said.

“We know that expertise, experience and flexibility are the guarantee for our continued growth. The key challenge ahead is to ensure that domestic industry does not lose its predictable energy supply and the social environment that offers economic stability to the industries that locate here. One of the pillars of our Group's future strategy is to increase energy security and create green energy consumption opportunities in our industrial parks, as the sustainable investments, technology transfer, job creation and positive environmental and social impacts of the companies that settle there will increase the population retention potential of the countryside and significantly improve the competitiveness of our country,” she added.