Verdion acquires second strategic Hannover logistics site

09/06/2015

 

Verdion has secured a 8.3 hectare site in Hannover for the expansion of its Expo Park logistics hub.

The site is located adjacent to Verdion’s 59,821 sq m warehouse let to Arvato, part of the international Bertelsmann Group. The facility provides an e-commerce platform for luxury fashion retailing.

Phase Two will enable a further 50,200 sq m of Grade A logistics space in a highly sought after location for e-commerce and 3PL companies. The site is situated in a prime location on the edge of an established industrial estate, eastward of Hannover’s Weltausstellungsallee.

André Banschus, Country Manager Germany, comments: “We are extremely pleased to have secured this strategic development land. Hannover is an area of strong occupier demand and notable land scarcity. Our initial Phase One investment and development created one of Europe’s finest e-commerce platforms. Phase Two will be attractive to many logistics, e-commerce and related outsourcing companies seeking similar high quality logistics facilities. As such, we have already received a lot of interest from potential occupiers.”