Speculative real estate in Essen and Verden
In Germany, Panattoni has begun the construction of two speculative projects to put on the rental market. In Verden (Lower Saxony), the company is building a new logistics real estate with two halls on an 118,000 sqm plot.
Also in May, building works started on a logistics park in Essen (North Rhine-Westphalia). On a 43,000 sqm brownfield, Panattoni is setting up 20,200 qm of logistics areas, 1,200 sqm of office spaces and 1,575 sqm of mezzanine areas.
The areas may be divided into two smaller and one larger section and offer 195 car and 12 truck parking spaces.
The location in an industrial area to the north of Essen is close to the port, which has excellent multimodal infrastructures with large canal ports and container terminals including daily rail connections with Hamburg and Bremerhaven. (mw)