Derby Cycle chooses Verdion for new North German headquarters and plant

19/11/2020

Verdion has been chosen by bicycle manufacturer Derby Cycle as the developer for its new 32,230 sq m headquarters and plant which will expand the company’s presence in northern Germany.

The new facility will be funded and developed under a venture between Verdion and Canadian pension fund Healthcare of Ontario Pension Plan (HOOPP).

It will be located on a 63,000 sq m plot in the Ecopark Emstek industrial estate and open its doors in 2022, offering state-of-the-art production facilities as well as an inspiring work environment with open offices and working spaces.

Another highlight will be the new Kalkhoff brand world, where Germany’s leading e-bike brand will showcase new models directly at the factory with advice, test drives on a dedicated test track on site and information about the brand and history.

The new building will provide 26,500 sq m of production and storage, 5,730 sq.m. of office and communal accommodation and 510 parking spaces. Verdion is targeting a DGNB Gold sustainability certification for the building on completion. It will link to Derby Cycle’s existing 25,000 sq.m. logistics facility on the adjacent plot, which Verdion completed in 2015. Work has recently started on site.

André Banschus, Executive Director of Verdion, adds: “Even before COVID-19, bicycle manufacturers were looking for more ways to respond to demand. The global sustainability movement has accelerated green city infrastructure projects and sales have significantly increased in recent years.

“We are pleased to be delivering a second project for Derby Cycle, not only demonstrating our development expertise in complex manufacturing, but working closely with our partners to put in place the funding and lease structures needed to help Derby Cycle exploit this opportunity for growth.”

Ecopark Emstek is located directly on the A1 motorway linking the Baltic Sea to the French border near Saarbrücken via several North Sea ports as well as the Rhine Ruhr metropolitan area. The municipality of Emstek borders Cloppenburg, the county capital with over 35,000 inhabitants. It is located 60 kilometres south-west of the Hanseatic city of Bremen.

Verdion and HOOPP regularly partner on the financing, development and management of specialist logistics and production facilities across Europe, with a portfolio of over €1.2 billion GAV created over the last seven years.

On completion of the building, Verdion will continue to work with Derby Cycle as HOOPP’s asset manager. List Bau is the general contractor, Phase 5 the project architect.