Panattoni Europe builds "City Dock" in Berlin
Project developer Panattoni Europe is working on a new project called “City Dock” in Berlin’s Spandau district (Germany). The company is planning to create a business park comprising three buildings on a site of around 21,000 sqm with a total rentable area of about 15,000 sqm.
Fred-Markus Bohne, managing partner of Panattoni Europe, says: “The multi-purpose flexi-area opens up numerous and diverse options. Users can deploy the units as show rooms, sales areas or repair centres. We could also set up more office and social areas. Furthermore, the business park’s central location makes it attractive for last-mile services. Deliveries to companies and consumers in the city centre can be carried out under the best possible conditions.”
Panattoni Europe is investing around EUR 25 million in the City Dock. The project developer is due to begin deconstruction works in the first quarter of 2020. The business park is expected to be completed by the end of 2020. (mw)