Goodman expands in Leipzig: DB Schenker Logistics facility increases by 82,000 sqm
Tuesday, 4 December 2012
Goodman, a globally integrated property group that owns, develops and manages logistics and business space is undertaking the largest new industrial development in Germany in 2012. Goodman will expand DB Schenker’s existing built-to-suit facility in Leipzig with an 82,000 sqm extension and 14,000 sqm of external storage. This will more than double its current capacity to tranship automotive parts on behalf of its customer, BMW.
The construction of the new development, which is in close proximity to BMW’s production facility, has already commenced. The expanded facility will also provide DB Schenker with the option of connecting its own rail line directly to the BMW facility.
The extended facility, expected to be completed in November 2013, will transform the 30 ha brownfield site on which the existing facility resides into a modern logistics park, tailored to the specific requirements of the automotive industry.
Since the summer of 2011, about 8,000 automotive parts were received and packed at DB Schenker’s Leipzig transhipment centre. At present, approximately 50 containers per day are leaving the existing property. The freight is moved by goods train to China, and by sea to South Africa. DB Schenker in Leipzig is a service provider for BMW, and the easy access to the nearby BMW production facility is very advantageous.
The success of the so-called CKD (completely knocked down) business from Germany is so successful that Goodman is now developing a further logistics complex of 82,000 sqm on the site. Goodman is recovering the value of over 30 ha of brownfield site and bringing it into new use. The logistics park offers such flexibility that it can provide other uses in the future.
Commenting on the largest new development in Germany in 2012, Andreas Fleischer, Goodman Regional Director for Germany, said: “The logistical processes surrounding the CKD business, such as finishing, preserving and packaging, place complex demands on a property. DB Schenker’s confidence in Goodman to develop an extension on this scale highlights our expertise in delivering major projects and meeting our customer’s needs.”
Approximately 8,000 sqm of the rental area is designated solely for side loading and unloading in the tunnel construction. The logistics property has 50 loading bays and an outdoor storage area of approximately 14,000 sqm.
Goodman and DB Schenker will incorporate the highest standard of sustainable features across the entire logistics park. This includes increased insulation for the extension and solar thermal panels on the roof. A blower door test will determine the seal of the building envelope in order to minimise heat loss. After completion, the property will be certified by the German Sustainable Building Council (DGNB).
The new extension for DB Schenker will be acquired by the Goodman-managed Goodman European Logistics Fund (GELF), which also owns the existing 63,000 sqm facility. On completion, Goodman will continue to provide the property and asset management services for the overall facility. GELF manages a €1.8 billion pan-European portfolio of 93 assets in 11 countries and boasts unparalleled performance metrics as demonstrated by a 98% occupancy rate.
Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil. The Group invests in business parks, office parks, industrial estates and warehouse and distribution centres.
Goodman also offers a range of listed and unlisted property funds, giving investors access to a range of specialist services and property assets, and is working continually to build value in industrial property and fund management, with innovative new developments, and business and investment offerings.
With total assets under management of €16.6 billionand over 400 properties under management, Goodman is the largest industrial listed property group on the Australian Stock Exchange, and one of the largest listed specialist fund managers globally. Its market insight and dedicated local teams create sound investment opportunities and develop properties and environments that meet each client’s individual requirements.
With more than 950 staff and 34 offices in 17 countries, Goodman has the global reach to meet customers’ needs as their businesses expand or evolve. In Europe, Goodman has offices in Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia and the UK.