On September 23, 2021, the Futureal Group announced it started construction on a 45,000 industrial park in Fot, close to Budapest.
According to the company, the investment value is close to EUR 50 million and the first phase is expected to be handed over in Q1 2022 by constructor company Goldbeck Hungaria. With the 76-hectare plot, where a total of 330,000 square meters of warehouse and industrial space can be developed, HelloParks Fot is targeting logistics service providers, light industry manufacturers, assembly companies, as well as tenants with special requirements.
HelloParks has recently announced another two large developments close to the capital of Hungary, a 100-hectare industrial and logistics centre in Paty and a similar development on a 46-hectare plot in Maglad.
“In order to improve Hungary’s competitiveness, the construction industry must also change. Logistics companies typically like to move into facilities within a year, which cannot be properly implemented in such a short time unless the area has already been set. This trend is again something that HelloParks developments can respond to. Keeping the deadline, we recently handed over a 46,000 square meter warehouse building as the first phase of the Maglod industrial and logistics megapark, where the first tenant has already moved in just five months after construction started. Parallel with the lease, we have already started planning and permitting the next phases so that we can serve existing and future needs as quickly as possible,” explained HelloParks CEO Rudolf Nemes.
