Budapest Business Journal
Futureal Groupʼs industrial and logistics property development company 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, according to a press release sent to the Budapest Business Journal. The 76 hectare greenfield investment will include energy-efficient buildings that meet the BREEAM sustainability standard. In the first phase of the HelloParks Fót development project, a 45,000 sqm warehouse building will be handed over by Q3 2021. On the land, a total of 330,000 sqm of warehouse and industrial space can be realized, the press release notes.
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 sqm, while rental properties will be offered from 1,000 sqm in the next phase, in order to meet smaller tenantsʼ expectations. The current investment value of the project is close to EUR 50 million.