News Archives - Verdion

Verdion restructures technical team in Germany: Marc Haverkamp returns as Technical Director

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Verdion has restructured its technical team in Germany, with the reappointment of Marc Haverkamp as Technical Director.

Haverkamp previously worked with Verdion from 2013 to 2019 managing complex development projects including a production site for Siemens in Chemnitz, the new European logistics hub for DeLaval in Gallin and two hazardous goods warehouses for Imperial. He was also responsible for delivering a 110,000 sq m regional distribution centre for Amazon near Dortmund, which was completed early in the lead-in to 2017 Christmas trading. Before joining Verdion Marc was a technical real estate project manager for large projects at the REWE Group.

In his new senior role, Marc will focus on the company’s investment portfolio and other development initiatives, enabling the business to expand both its ‘value-add’ and new build programmes.

Marc will work alongside Marco Rauch who joined Verdion in August 2019 and now heads up delivery of the company’s build-to-suit investment and development programme. Verdion has recently handed over a new facility for HAVI near Hanover and started work for Dachser on a sustainable distribution centre in the Bavarian town of Hof. It is also bringing forward a production and research facility for Xylem Analytics in Bavaria, which is set to complete in spring 2021.

Marek Kubica will continue his responsibilities as Technical Director for the UK and the Nordics, including overseeing Verdion’s €600 million UK rail-connected iPort project in Doncaster, where major tenants, including Amazon, have to date taken over 350,000 sq m of new logistics space.

André Banschus, Executive Director at Verdion, commented: “With an increasing pipeline of development and investment activity in Germany, Benelux and the Nordics, Verdion has restructured its technical team, meaning Marco Rauch can now fully lead our build-to-suit business while Marc Haverkamp can focus on our investment work, with an emphasis on ‘value-add’ investing and land development strategies.

“Technical expertise remains one of Verdion’s core principles. These changes enable us to continue our programme of investment and development to the highest possible standards.”

Speculative development begins on Verdion AirPark Berlin final phase

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Verdion has started work on the third and final phase of Verdion Airpark Berlin – its largest logistics park development in Germany. Four new buildings are being brought forward speculatively, each offering 54,000 sq ft (5,000 sq m) of space. Completion is planned for the second quarter of 2020.

Located 30 minutes from Central Berlin and close to Schönefeld Airport, each new building will be highly energy-efficient, as well as offering five loading bays, a floor load capacity of 50 kN/sq m, office space, and common areas. The space can be configured flexibly to suit tenants’ needs.

Phase 1 of the park originally completed in 2016, with a total of 317,500 sq ft

(29,500 sq m) occupied by food delivery service Bringmeister, metalworking company PUK, and international logistics group DACHSER SE. Phase 2 – 238,500 sq ft (22,150 sq m) – was completed in 2018, with half of the space leased to DÜRKOP GmbH, an auto repair parts supplier for many leading car brands, and the other half leased to Streiff & Helmold, a railroad services provider. Most recently Verdion has leased a second building on the park, a 107,500-sq-ft (10,000-sq-m) logistics facility, to Dachser SE.

“Urban logistics facilities are in demand as never before,” says Stephan Dalbeck, Business and Portfolio Director at Verdion. “Whether for online retailers promising same-day delivery, perishable products, or time-sensitive pharmaceuticals: when it comes to offering close-range access to the Berlin market, there is currently no other logistics development that is closer to the city centre.

“The space is particularly suited to Berlin’s many smaller companies and rapidly growing start-ups. Because speed to market is increasingly essential for so many companies, we have undertaken this development project on a speculative basis. At the same time, the buildings have been designed to offer flexibility so that each one can be configured each individual occupier’s needs.”

Construction is being managed by LIST Bau Nordhorn as general contractor. Other key partners in the project are tricer management GmbH as project manager and Architekturbüro Kühling as project architect.

Verdion and LIST GROUP bring forward new logistics centre for Dachser in Hof

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The LIST Group and Verdion have agreed to bring forward a new facility for logistics firm Dachser SE at Hof in the German state of Bavaria.

The 231,964 sq ft (21,550 sq m) logistics facility, which will offer space for around 39,000 pallets and includes a three-storey office building, is being built on a 458,546 sq ft (42,600 sq m) site on Hermann-and-Bertl-Müller-Strasse, close to an existing 269,100 sq ft (25,000 sq m) Dachser logistics centre.

From Hof, Dachser serves medium-sized customers from the DIY and garden centre sectors as well as from the industrial goods and food sectors. The company is expanding its presence in Hof and will employ around 500 people here once the project is complete. In addition, around 300 people work regularly for Dachser at the site through independent transport companies or as seasonal workers.

Verdion is developing the project with LIST Develop Commercial. Contractor LIST Bau Nordhorn is constructing the new logistics property on a turnkey basis.

André Banschus, Executive Director of Verdion, said: “We are pleased to be working with Dachser once again and bringing forward this project with the LIST Group to the highest standards. In addition to storage space, the new property also offers space for packaging and thus ideally complements the existing Dachser portfolio.”

Michael Garstka, Managing Director of LIST Develop Commercial added: “We are happy to have a modern property here in Hof with experienced partners like Verdion and LIST Bau Nordhorn at our side to realise this project for Dachser.”

“With the expansion, we are taking the next important step with one of our large DIY customers from the DIY sector in the region,” says Alexander Tonn, Managing Director European Logistics Germany, who is responsible for the German business with industrial goods at Dachser. “Together we are implementing a future-oriented, growth-oriented logistics concept in Hof.”

Sustainability is a key feature of the project with sustainably-sourced wood playing an important role, in the construction of the building’s roof structure. “Wood has a much better carbon footprint than concrete. Each cubic metre of laminated timber binds about one ton of CO2 and removes it from the atmosphere. The roof structure will absorb 1,198 tons of CO2 in the Hof facility. That’s as much as around 108 Germans emit in a year,” explains Andreas Brockhaus, Managing Director of LIST Bau Nordhorn. The wood that is used for the construction comes from sustainably-cultivated German forests.

Completion is expected in autumn 2020.

 

Early handover for Verdion and Tritax EuroBox’s HAVI development

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Verdion and London-listed Tritax EuroBox plc have today handed over a specialist cold storage and logistics facility in Wunstorf near Hanover, Germany, to occupier HAVI Logistics GmbH.

The property on Adolf-Oesterheld-Strasse includes a 9,000 sq m (96,876 sq ft) cold storage facility for groceries, 6,000 sq m (645,584 sq ft) of logistics space and 1,000 sq m (10,764 sq ft) of office and community space.

Verdion started work on the asset eleven months ago and has handed the project over four weeks early.

Duisburg-based HAVI Logistics, a subsidiary of US-headquartered The HAVI Group, took out a 15-year lease on the asset. The food service logistics firm serves restaurants and convenience stores, with clients including McDonald’s, KFC, Nordsee and Vapiano. It will employ around 200 people at the site.

“A major focus of the development was the technical expertise needed to meet HAVI’s sustainability requirements,” said Stephan Dalbeck, Business Development Director at Verdion. “In addition to a low-energy and sustainable building design, we implemented the spatial and technical requirements for CO2-neutral cooling systems and waste heat recovery, for example, harnessing our longstanding experience in the built-to-suit market.”

The property received a sustainability certificate in Gold from DGNB, the German Sustainable Building Council.

Roland Schmidt, Chairman of the Board of HAVI Logistics Germany, added: “This distribution center is not only HAVI’s first location in Lower Saxony but also represents a major milestone in our sustainability strategy.” Verdion and HAVI also installed a liquefied natural gas filling station at the site to serve HAVI’s growing LNG-fueled truck fleet. The company plans to reduce carbon emission per ton delivered by 40 percent until 2030.

Tritax EuroBox bought this asset in a pre-let forward funded deal for EUR 27.5m at the end of last year. Nick Preston, Fund Manager at Tritax EuroBox said: “A core strand of our investment strategy is to focus on acquiring high-quality, sustainable logistics assets strategically located in established prime logistics locations in Europe. Let to the strong tenant Havi Logistics for the next fifteen years, we believe that this investment will generate an attractive income return for our investors.”

KLEBL GmbH acted as general contractor, tricer management GmbH as project manager and Büro Kühling as architect in the development. JLL acted as broker for the site and the project.

Dachser takes 10,000 m² of logistics space at Verdion Airpark Berlin

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Verdion has leased a further 10,000 sq m distribution centre at Verdion Airpark Berlin to logistics company Dachser SE.

The deal allows Dachser to expand its food and industrial logistics warehousing capacity in the Berlin-Brandenburg region and follows the company’s decision to take around 5,000 sq m of new space in 2016 as part of Verdion Airpark Berlin’s first phase.

The speculatively-built distribution centre is highly energy-efficient. It has nine loading bays, a floor load capacity of 50 kN/m² and office and communal areas.

André Banschus, Managing Director of Verdion in Germany, said: “We are very pleased to be able to further expand our collaboration with our partner Dachser. Verdion Airpark Berlin’s location is a particular draw for occupiers – at the moment there is no logistics development closer to the city centre, and being within 30 minutes of Central Berlin is an enormous advantage.”

In total, the park has an area of 80,000 sq m, with other tenants including the food delivery service Bringmeister; metal industry company PUK; DÜRKOP GmbH, a spare parts supplier for branded garages, and Streiff & Helmold, a rail transport service provider.

Verdion Airpark Berlin is located directly on the B96a. Access to the A113 Autobahn, which connects the Berliner Stadtring (A110) and the Berliner Ring (A10), is only two kilometres away. Schönefeld and Berlin-Brandenburg Airports are both within a ten-kilometre radius.

Verdion to develop new research and production facility for Xylem in Bavaria

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Verdion has agreed a deal with global water technology company Xylem to develop a research and production facility for water analysis equipment at a site in Weilheim, Southern Germany.

Verdion has acquired a 290,628 sq ft (27,000 sq m) plot in the new Achalaich industrial park in Weilheim in Upper Bavaria from the City of Weilheim. The total investment volume of the project amounts to over 20m euros.

The property with a total GLA of 141,640 sq ft (15,000 sq m) will consist of four elements: a production plant, in which measuring instruments, sensors and accessories are to be manufactured; a distribution centre; a research laboratory; offices and community space. Xylem has signed a 15-year lease for the facility.

The company’s analytics business manufactures physicochemical analysis equipment for applications in the fields of water, wastewater, marine and coastal waters, food, beverages, environment, chemicals and pharmaceuticals. The company will move from its existing location in Dr.-Karl-Slevogt-Strasse in Weilheim to this modern, bespoke facility.

Xylem employs around 400 people in Weilheim. The company has been at its current location since 1954 and has an urgent need for more space due to its steady growth. “The new property enables us to significantly modernise and increase efficiency as well as realise growth opportunities,” says Ulrich Schwab, Managing Director of Xylem’s analytics business in Germany.

“We were very pleased to present Xylem with a compelling, tailor-made concept for this versatile new location,” says André Banschus, Managing Director of Verdion Germany. “Another decisive factor was our expertise in the light industrial sector.”

Last year, for example, Verdion completed an office and production building for high-performance alloys for Materion Advanced Materials Germany in Alzenau, Northern Bavaria.

Construction for Xylem is expected to start at the end of this or the beginning of next year. Weilheim is located about 50 km southwest of Munich, near Lake Ammer and Lake Starnberg. The Achalaich industrial estate is connected to the B2, Germany’s longest federal highway, which connects Berlin via Munich with Garmisch-Partenkirchen. Weilheim is also on the Munich-Garmisch-Partenkirchen railway line.

The project development is financed by the Canadian pension fund Healthcare of Ontario Pension Plan (HOOPP), with which Verdion maintains a partnership for the financing, development and management of logistics properties throughout Europe. The property will remain part of the institutional investor’s portfolio after planned completion at the end of 2020 and will be managed by Verdion.

Marco Rauch appointed as Verdion’s Technical Director for German projects

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Verdion has appointed Marco Rauch as Technical Director, responsible for the technical project management of all new German developments.

Rauch (45) has been working as a construction and project manager for more than 15 years. He moves over from GSE Deutschland GmbH, where he was responsible for the development of commercial properties with a total GLA of around 70,000 sq m. Before that, the civil engineer was responsible for projects in Frankfurt and the Netherlands, including logistics buildings with a total GLA of 100,000 sq m, for Goldbeck. Between 2004 and 2014, Rauch developed offices, hospitals and schools at Peter Gross Bau GmbH in the Rhine-Main region with a total investment volume of around 150m euros.

“With Marco Rauch, we are delighted to add such a versatile and experienced new colleague to our team,” says André Banschus, Executive Director of Verdion in Germany. “We develop complex logistics and corporate real estate for which experience in building across a wide range of asset classes is a great advantage.”

Verdion’s build-to-suit approach is characterised by a high degree of flexibility and creativity. “We listen carefully to our clients’ needs and develop tailor-made real estate concepts for them,” says Banschus. “This ranges from office and logistics space to clean rooms, refrigerated or hazardous goods warehouses.”

iPort Rail wins Rail Industry Innovation Award

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We’re delighted to report that our first rail freight terminal development iPort Rail in Doncaster has won the Major Project of the Year category at this year’s Rail Industry Innovation Awards.

This is the first inland rail freight terminal to be open and operation for a decade – a major milestone for Verdion and the whole team involved. Congratulations to everyone and to the other winners and nominees at Friday’s event.

Progress in the last twelve months has been significant. Our first rail service started in September, a week after iPort Rail’s formal opening by HRH The Princess Royal. Since then, routes to and from Felixstowe have started and PD Ports has confirmed a third service – to and from Teesport. More routes are expected to follow by the end of the year too.

iPort Rail sits at the heart of iPort, Verdion’s UK flagship development, which is already home to Amazon, CEVA, Fellowes and Lidl in an established logistics location supported by a strong local workforce. Further build-to-suit opportunities are accompanied by a speculative development programme, with smaller units available in rapid timeframes for those focussed on speed to market.

Intermodality is a major part of the terminal’s success to date. 87% of the mainland UK population is located within a four-hour drivetime. The East Coast ports are less than one hour away, and the country’s deep-water ports can all be reached in around seven hours. The M18, A1, M1 and Doncaster Sheffield Airport are all in easy reach.

“This is a state-of-the-art facility, capable of handling the UK’s longest trains, and a central part of iPort’s success,” said Michael Hughes, CEO of Verdion.

“With the logistics sector thriving, rail freight is rightly getting more attention – not least because each freight train journey takes at least 70 HGVs off our road network with many fewer harmful emissions.

“From this great start, we’re expecting iPort Rail to go from strength to strength as more businesses regionally and nationally see the difference it can make to their supply chains.”

Verdion celebrates topping-out ceremony of new HAVI site in Wunstorf

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The construction of the 15,000 sq m distribution center for HAVI Logistics is progressing rapidly and on schedule. On 11 June 2019, pan-European logistics real estate specialist Verdion, tenant HAVI, investor Tritax EuroBox, broker Jones Lang LaSalle (JLL) and construction company Klebl celebrated the topping-out ceremony. The state-of-the-art distribution centre will be handed over by Verdion as planned at the beginning of 2020.

The roofing of the 64,000 sq m site has now been completed. The office building and the cold-storage area are currently under construction. The floor slab will then be cast in a few weeks‘ time. “We are pleased that the construction work on the logistics property is progressing very quickly. Work on the adjacent roundabout and the new access road will also be completed soon. HAVI will have a new modern distribution centre and our town will continue to develop as a dynamic business location, something we are very pleased about,” commented Mayor Rolf-Axel Eberhardt.

Close cooperation between all partners

The rapid progress of construction is made possible above all by “the close, partnership-based exchange with both the Verdion project development team and the tenant HAVI. The cooperation provides for a smooth construction process in which we are meeting all site requirements,” says Andreas Rupp, project manager of the general contractor Klebl GmbH.

With its plans for the property, Verdion – together with Tritax EuroBox – had won the nationwide investor tender. “Verdion simply delivered the best mix of functionality and economy,” says Michael Starre, Director Business Development Industrial Agency at JLL. The real estate service provider carried out the search for investor and location on behalf of the future tenant.

Stephan Dalbeck, Business and Portfolio Director of Verdion, emphasised: “The project in Wunstorf is highly exciting due to its complexity and is characterised above all by the excellent teamwork. We continue to look forward to the very good cooperation and the success of the project.”

Nick Preston, Fund Manager of Tritax EuroBox, added: “Tritax EuroBox only invests in the best prime logistics locations in Europe and with tenants that have strong reputations in the market. So the combination of Wunstorf, with its strategic position on the outskirts of Hanover and at the centre of the main transport routes in northern Germany, and Havi, a leading global provider of supply chain solutions, was too good an opportunity to miss. We look forward to a long and productive working relationship with Havi as they grow their business from this location.  Our recent successful equity raise means Tritax EuroBox will be looking for similar winning investment combinations to Wunstorf, in Germany, and across western European markets, in coming months.”

LNG filling station for Wunstorf

The next major milestone of the project will be the set-up of the LNG filling station, the second in the HAVI network after Duisburg. “This is certainly an advantage for the city of Wunstorf, as LNG trucks create significantly less noise and particulate matter than conventional diesel trucks,” explained Torsten Oldhues, Managing Director Operations at HAVI Logistics GmbH.

Major milestone for Verdion and Tritax EuroBox Hanover development

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Verdion today broke ground on a cold storage and logistics facility in Wunstorf near Hanover, Germany. London-listed Tritax EuroBox plc bought the pre-let asset in a forward deal for EUR 27.5m at the end of last year. The development marks the first project collaboration between the two companies.

 

The property on Adolf-Oesterheld-Strasse includes a 9,000 sq m (96,876 sq ft) cold storage facility for groceries, 6,000 sq m (645,584 sq ft) of logistics space and 1,000 sq m (10,764 sq ft) of office and community space. Verdion seeks to achieve a DGNB sustainability certificate in Gold for the project.

 

Duisburg-based HAVI Logistics GmbH, a subsidiary of US-headquartered The HAVI Group, has taken out a 15-year lease on the asset. The food service logistics firm serves restaurants and convenience stores, with clients including McDonald’s, IKEA, Pizza Hut, Subway, Costa Coffee and Vapiano.

 

“Being selected by HAVI to deliver its new distribution centre is a testament to our team’s skills, knowledge and track record in developing technology-based logistics facilities,” said Michael Hughes, CEO of Verdion. “This is an important milestone in our first collaboration with Tritax EuroBox and we are on track for completion of the development in early 2020.”

 

Nick Preston, Fund Manager at Tritax EuroBox said: “A core strand of EuroBox’s investment strategy is to focus on established prime logistics locations in Europe and partner with the best developers, such as Verdion, to deliver high quality logistics assets leased to market-leading occupiers such as HAVI.

 

“This new, high specification primary distribution facility in Wunstorf meets all of these requirements generating an attractive income return for the next fifteen years and is a valuable addition to our expanding logistics portfolio.”

 

Preston added: “The dynamic growth in European logistics markets in recent years is being driven by strong and growing demand for large, modern well-located logistics assets as occupiers seek to improve their operational efficiency and meet the requirements of a fast-evolving retail market. We believe that there is significant expansion potential in the German market, and across Continental Europe, for this ‘next generation’ type of modern logistics facility.”

 

KLEBL GmbH is acting as general contractor, tricer management GmbH as project manager and Büro Kühling as architect in the development. JLL acted as broker for the site and the project.