CTP, Europe’s largest listed industrial and logistics property developer, has officially handed over a new state-of-the-art logistics centre near Szigetszentmiklós, Hungary, to retail giant Tesco. Spanning 100,000 square meters and developed on a 60-hectare greenfield site, the facility is poised to transform Tesco’s supply chain operations across Hungary. Scheduled to be fully operational by March 2025, the logistics hub is designed to enhance efficiency, optimize transportation logistics, and significantly reduce environmental impact.
The nearly one-kilometer-long complex houses advanced features tailored to Tesco’s diverse needs, including cold storage halls with variable temperature controls, a dry goods hall, and extensive infrastructure for vehicle support, such as a truck wash with a water recycling system, repair and forklift service facilities, and on-site electric vehicle chargers. The logistics centre also integrates a gas station and improved road infrastructure, ensuring seamless access for the local population and logistics operations alike.
Sustainability is central to the project. The facility is powered by renewable energy, with 8,620 solar panels generating 3.75 MW of power. Awarded an ‘A’ energy rating, the building is on track to achieve BREEAM certification by the end of 2024. Tesco estimates the revamped logistics operations will cut annual CO2 emissions from transportation by 830 tons. Additional measures, such as a water recycling system for the truck wash and an irrigation well for maintaining green spaces, underline the project’s commitment to environmental responsibility.
“This new logistics centre is a milestone for Tesco Hungary,” said Zsolt Pálinkás, CEO of Tesco Hungary. “The retail sector has undergone immense change in recent years, with sustainability and innovation becoming paramount. This environmentally conscious facility equips us to meet evolving demands while advancing toward our goal of carbon neutrality by 2035. CTP has been a reliable partner, delivering a world-class development that strengthens our leadership in the Hungarian retail market.”
Dr. Ferenc Gondi, Managing Director of CTP Hungary, praised the collaboration: “The construction of Tesco’s logistics centre is a landmark project for CTP in Hungary. It underscores our commitment to fostering community development and environmental stewardship. By delivering sustainable and innovative real estate solutions, we not only support Tesco’s operational goals but also contribute to the economic and social growth of the region.”
The facility marks a significant step for both Tesco and CTP in their shared pursuit of operational excellence and environmental sustainability, reinforcing their positions as leaders in retail and industrial development respectively.