GARBE and Infineon Technologies have celebrated the groundbreaking of a new corporate research and development facility to be constructed in Warstein, an hour’s drive east of Dortmund.
GARBE will develop the project, offering 12,000m2 of new R&D and office space on a 3,500m2 site, using timber hybrid construction in accordance with the KfW 40 standard, aiming for BREEAM “Excellent” certification. The new structure will offer space for some 350 offices and laboratory workstations spread over six of its seven storeys.
Through an acquisition transaction at the end of last year, GARBE together with BC Partners Real Estate acquired not only this buildable site from Infineon but also a neighbouring research and development facility under lease to Infineon, which was sold by W.P. Carey. Both the existing facility and the new development project will be leased by Infineon for a term of 25 years starting from the planned completion of the development in 2026.
By doubling the facility’s usable space to c. 20,000m2 and leveraging the proven capabilities of the GARBE platform, which includes operational know-how, project development and asset management, Infineon will be able to further grow and strengthen this innovation centre in Warstein with over 2,200 employees, including over 600 engineers.
“We are proud to be supporting Infineon and our project partners with our expertise in project development,” said Tobias Hertwig, Managing Director at GARBE Immobilien-Projekte. “With the groundbreaking of this new project in Warstein, GARBE is starting the next chapter in sustainable, timber-based construction.”
“With our expertise in the Science & Tech real estate segment, we are able to support specific needs for state-of-the-art research and development structures,” added Andreas Hofner, Managing Director at GARBE Institutional Capital in Frankfurt. “We are delighted to be able to support Infineon, one of the leading companies in the semiconductor industry with over 55,000 employees worldwide, with its growth in the region.”
“The new ultra-modern building will contribute to the image of Warstein, a town which combines tradition and modernity, while also providing additional space for the innovative power with which we are helping to drive the renewable energy revolution,” said Dr. Arne Kohring, Site Manager of Infineon’s Warstein facility.
Image source - Pexels.
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