Construction begins on FlexCity, Germany

• Groundbreaking ceremony for the industrial park attended by Lord Mayor Marc Buchholz on 21 May.
• Construction of two new green buildings, aiming for DGNB “Gold” certification, to transform former Siemens Techno-Park

Frasers Property Industrial has commenced construction on two new industrial and commercial buildings within FlexCity. The two buildings, with a lettable area of 23,838 sqm, will be located within the 195,000 sqm site on Kranbahnallee, and are specifically designed to cater to small businesses, small and medium enterprises and manufacturing companies.

The new buildings are part of the transformation of the former Siemens Techno-Park, which has been repositioned under the new name FlexCity. Three existing buildings have been demolished according to the "Gold" demolition criteria of the German Sustainable Building Council (DGNB). Frasers Property Industrial is targeting the DGNB “Gold” certification for the new buildings upon completion.

Alexander Heubes, Managing Director Europe, Frasers Property Industrial said: "FlexCity will offer a modern and sustainable workspace at a strategic location. Our redevelopment focus for the two buildings aims to conserve resources while offering space efficiency with innovative green features like smart metering for energy optimisation, grey water usage and rainwater infiltration."

The new buildings are expected to be ready for occupancy in early 2026. Its location, four kilometres from the A40 motorway, 200 metres from public transport and three kilometres from Mülheim city centre, makes it ideal for urban manufacturing and logistics.

At the recent groundbreaking ceremony, Lord Mayor Marc Buchholz emphasised the importance of the project for Mülheim as a business location: “With 'FlexCity', our city is gaining a future-ready project - one that combines economic dynamism with sustainability. The new buildings will create room for innovation, crafts and production - right in the heart of the Ruhr region. I am delighted that Frasers Property Industrial is actively helping to shape this change."

Seventeen companies are currently located within FlexCity, with SIEMENS AG as the main tenant. 99% of the existing space has been leased, indicating a high demand for commercial space in the Ruhr region.