In the Meiderich district of Duisburg, joint venture partners Garbe Industrial Real Estate GmbH and Bremer Projektentwicklung GmbH recently held a topping-out ceremony for their multi-user park. The park, spanning 56,000m2, will include multiple halls for combined commercial and logistics use.
"Zeus site", a former steel industry wasteland that has been extensively redeveloped and revitalised. Overall, around €50m will be invested in the site.
"We started the construction of the multi-user park without any firm rental commitments but are already holding many talks with potential tenants from various sectors," said Maik Zeranski, member of the Executive Board at Garbe Industrial Real Estate. "Interest is high as the metropolitan area of the western Ruhr region can be described as a premium location and the availability of modern commercial properties is extremely scarce."
Bremer is the general contractor building the multi-user park on a turnkey basis.
"We are delighted to be working with Garbe Industrial Real Estate to create attractive space for businesses to relocate to and promote change in the region," said Bernd Jungholt, Managing Director of Bremer Projektentwicklung GmbH.
The multi-user park in the north of Duisburg has excellent transport links, including the nearby Duisburg-Nord motorway junction and connection to the A2 motorway. It is also close to the Port of Duisburg, the world's largest inland port. The Zeus site will have three halls and two commercial park blocks, offering a total of c. 28,000m2 of space. Sustainability is a key focus, with plans for a photovoltaic system and state-of-the-art heat pump technology. The entire project is expected to be completed by March 2025, with some areas available as early as the end of January.
Image provided by AD HOC.
Europe Real Estate — an overview of real estate developments in European countries.
