New project to be completed by 2022
Panattoni, a project developer for industrial and logistics real estate, plans to set up another business park based on its "city dock“ model in Essen, Germany.
This is first city dock project to be built in North Rhine-Westphalia. It will be situated in a central position between the urban areas of Oberhausen, Gelsenkirchen and Bottrop and boast direct links to the three federal motorways A42, A40 and A2.
The project developer will construct the business park on a roughly 230,000 sqm brownfield plot that comprises ten units in three buildings with rental spaces of between 2,500 – 6,000 sqm right next to the business park Essen, another Panattoni product.
The developer will begin dismantling the existing building in the middle of 2021, and completion is sceduled for the middle of 2022. All in all, Panattoni operates 33 branches in North America and Europe. (sh)