News Article HelloParks Hungary industrial warehouse
by Property Forum | Industrial

The new facility in the HelloParks Fót industrial and logistics centre will serve the needs of the global film industry, investor Virtual Europe Group (VEG) reports.

The €11 million project consists of a virtual studio which will host giant (several hundred sqm) LED walls and a large separate warehouse to provide storage space.

The construction is to start soon and the handover is planned for Q1 2024.

VEG hopes all major players including Netflix, Paramount, Amazon and HBO will bring super productions to the new facility in Fót HelloParks. Budapest became second after London in producing films last year in terms of total spending in the film industry with a registered HUF 250 billion.