New acquisition Landsberg, Germany

10 October 2023

Frasers Property Industrial continues to grow European pipeline with new acquisition in Germany’s Landsberg

 
  • 4.7 ha site acquired in the Leipzig-Halle region
  • Plans to develop a 27,400 sqm premium warehouse facility in three units on a speculative basis, expected for completion in Q1 2025

 

Frasers Property Industrial has confirmed another strategic European acquisition, acquiring a greenfield development site in Germany.

 

The 4.7 ha site is located at Max-Planck-Ring 19, Landsberg, in the heart of the leading logistics region Leipzig-Halle that is 10km east of the city Halle, is approved for 24-hour operation.

 

As one of Germany’s best-known industrial areas within a 15-minute drive to the Leipzig-Halle Airport and 30-minute drive to the city of Leipzig, the location provides an attractive proposition to third-party logistics operators, craftsmen and local last-mile distributors – with access to the A14 only 1.5km away. 

 

Subject to planning approvals, Frasers Property Industrial plans to develop a 27,400 sqm premium warehouse facility to include 1,200 sqm of office space and 2,800 sqm of mezzanine.  The flexible facility will be suitable for a single operator in a campus-style setting, or two to three separate operators within the standalone warehouse. 

 

The development will target the Gold certification from the German Sustainable Building Council (DGNB) with features such as smart metering, energy efficient façade with EG40-standard compliant insulation, gas-free heating system, E-chargers for cars and a planned photovoltaic system. Landscaping will be developed in accordance with Frasers Property Industrial’s high standards and will include recreational areas such as a 150 sqm BBQ area with picnic tables, 20 bike racks and sanitary amenities for truck drivers.

 

Alexander Heubes, Managing Director Europe at Frasers Property Industrial, comments: “We’re delighted to confirm this recent acquisition, which adds to our growing landbank across our European portfolio. The Leipzig-Halle region is a well-established hub of industrial development and activity, so the location offers potential customers seamless connection with local business partners and Industrial customers.” 

 

Pending planning process and approvals, the warehouse is expected to be completed by the end of Q1, 2025. Leasing enquiries can be directed to Simon Federau, Senior Manager Business Development at Frasers Property Industrial.

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