Futureal to build one of the largest industrial and logistics centers in Hungary

HelloParks has acquired its first industrial and logistics development plot in Fót located in the vicinity of Budapest, next to the junction of motorways M0 and M3. The 76 ha greenfield investment will include energy-efficient buildings that meet the BREEAM sustainability standard. The first facility is going to be completed next year. As part of Futureal Group, HelloParks aims to obtain a key position in the industrial development sector, as a first step in Hungary, later on in the whole CEE market.

HelloParks has acquired its first development plot in Fót, an ideal location for production and logistics companies, next to Budapest. The new member of Futureal, a leading real estate development and investment group in Europe, is building one of the largest industrial and logistics centers in the country on a 76 ha site near the junction of the M0 and M3 highway. The industrial and logistics property developer also offers commercial industrial lands with utilities and road connections, available from 1.5 ha.

In the first phase of the HelloParks Fót development project, a 45,000 sq m warehouse building will be handed over by Q3 2021.

On the land a total of 330,000 sq m of warehouse and industrial space can be realised. HelloParks Fót is targeting logistics service providers, light industry manufacturers, assembly companies as well as tenants with special requirements. The minimum leasable area for the first building is 3,200 sq m, while rental properties will be offered from 1,000 sq m in the next phase, in order to meet smaller tenants’ expectations. The current investment value of the project is close to EUR 50 million.