Private investor acquires film facility
Mon, 13th October 2014

Private investor acquires film facility

A private Irish investor has acquired a facility in Belfast which was used recently to film a movie that entered the US box office at number two.

The site on Castlereagh Road is 294,030 sq ft and comprises of a number of large warehouses and office blocks, as well as having full planning permission for a film studio.

Stuart Draffin, head of agency at Lambert Smith Hampton, which acted on behalf of the buyer, said: "The facility includes one of the most high quality vacant warehouses in Northern Ireland. Although the purchaser has no immediate plans, we are in talks with a number of potential end users including but not limited to media related use.

"Before acquiring the facility we met with a number of senior personnel within the media industry and without exception they were very keen for the facility to remain as studios.

"The warehouse and logistics market in Northern Ireland has not experienced the same peaks and troughs witnessed in the other property sectors."

The location was used in Universal Pictures' Dracula Untold, which was released at the start of October this year.

Andrew Reid, head of production at Northern Ireland Screen, added: "Northern Ireland offers a variety of build spaces which are both easily accessible and totally blank canvases ready for use by filmmakers.

"The property at 468-472 Castlereagh Road is one of a number of such spaces that Northern Ireland Screen actively promotes to the global screen industry."

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category Ireland  |  source Insider Media