Panattoni is launching large scale mixed-use logistics development in Hanover. The Panattoni Campus Hanover City Centre comprises 141,355m² lettable area, enabling tenants to reach 2.3m consumers within a 50-km radius. Built on a 21.85-hectars brownfield site, the industrial park comprises a new structure for the existing tenant, Nexans Deutschland GmbH, a 20-unit business park in Panattoni’s innovative City Dock format (delivering right-size logistics space for startups and the new economy) and a large-scale logistics park with three 10-unit warehouses.
The company acquired the abandoned property in March 2022 and since then has been revitalising the site and reusing a majority of the mineral-based demolition material for hall substructure and frost protection. The new BTS building with a usable area of 9,200m² for Nexans consists of approx. 6,500m² of hall space, 2,800m² of office space, and an additional 2,500m² of outdoor storage space.
“The development of the campus solution in the Hanover city centre is a special project for us. We are committed to playing a role in the revitalisation of brownfield sites, which is a critical part of urban regeneration and redevelopment as we pivot towards a new economy with new demands for logistics space. Our novel concepts, such as City Dock, address the needs of a diverse range of tenants, from our anchor tenant Nexans though to small, medium and large enterprises in the region. We are proud to have worked in partnership with Nexans, BNP Paribas and the city and region of Hanover to bring this exciting development to life,” said Fred-Markus Bohne, Managing Partner at Panattoni.
Commenting on the Panattoni Campus Hanover City Centre development, Anja Ritschel, Director of Economic and Environmental Service of the State Capital Hanover said: “We are pleased that the former Nexans premises is going to be revitalised and holistically developed. This is also in line with the city’s goals concerning the interior and exterior development of commercial lots. With the persistent shortage of commercial lots within the city and continued high demand, this project is a real asset!”
