Tuesday, 9 June 2015
Verdion acquires strategic Hanover logistics site for 50,167 m² Phase 2 expansion (DE)
Verdion has secured a 540,000 ft² (50,167 m²) site in Hanover, Germany for the Phase Two expansion of its existing logistics scheme.
The site is located adjacent to Verdion’s 59,821 m² 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 m² 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 Hanover’s Weltausstellungsallee.
Source: Flash Bulb