Frasers Property Industrial acquires logistics site from Rhenus Logistics in Unna, Germany

• The 7 ha site will be redeveloped into a modern multifunctional commercial and logistics facility with a lettable area of 47,000 sqm
• Construction is planned to start in the second quarter of 2027

Frasers Property Industrial has acquired one of the last remaining plots within a large-scale logistics development in Unna, a region east of Dortmund at Formerstraße 22, purchasing the site from Rhenus Logistics. 

A cross-dock facility built in the 1980s currently sits on the seven-hectare site. It will be redeveloped into a modern, energy-efficient and sustainable facility comprising two halls with a total rental area of approximately 47,000sqm. Construction planned to begin in 2027, with completion anticipated in 2028, subject to planning approvals and building permits.

Designed to accommodate both single-tenant and multi-tenant occupiers, the new development is targeting Gold certification from the German Sustainable Building Council (DGNB). 

The acquisition further strengthens Frasers Property Industrial’s European development pipeline and positions the business to respond to the ongoing industry shortage of premium logistics space in core locations. 

Alexander Heubes, Managing Director Europe at Frasers Property Industrial, said, "This strategic acquisition in Unna allows us to expand our footprint in one of Germany’s most established and supply-constrained logistics markets. Formerly occupied by Rhenus Logistics, the site is well proven for large-scale operations and benefits from a prime position within the Rhine-Ruhr region, with strong connectivity to major European transport corridors and ports. We continue to see strong demand from occupiers seeking flexible, future-ready and sustainable logistics facilities, and this acquisition allows us to deliver a high-quality development aligned with our European growth strategy"

The Unna site benefits from excellent transport connectivity, with direct access to the A1, A2, and A44 motorways and close proximity to the Kamener Kreuz interchange. Dortmund Airport is located approximately 10 kilometres away, making the site well-suited for both national distribution and international logistics operations.