Swiss Life Asset Managers has exclusively acquired a ready-to-build site in Wietze, northwest of Hanover. The investor-developer will develop the “Hanover North I” project, a state-of-the-art logistics property with approximately 44,000m2 of rental space, on a more than 77,500m2 site in Steinacher Strasse. Project development start is planned for 2025
“The Hanover region is a central hub for logistics in Germany and Europe, which makes it an ideal location for our new project,” explained Ingo Steves, Managing Partner Logistics at Swiss Life Asset Managers. “With ‘Hanover North I’, we strengthen our Europe-wide logistics pipeline ‘Roots’ with another state-of-the-art property while advancing our investment strategy of creating long-term and sustainable added value in central regions of Europe,” Steves continued.
The location in the district of Celle is situated in the triangle of the major Northern German cities of Hanover, Bremen and Hamburg and offers easy access to the German motorway network via the nearby A7 motorway as well as the multimodal infrastructure facilities in the region, such as the Hanover-Lehrte freight transport centre (GVZ), the Hanover-Langenhagen cargo airport and the Hanover container terminal.
“With its high sustainability standards and flexible usability, this property offers an ideal concept for a variety of individual customer needs and thus reflects our customer-centric approach,” emphasised Alexander Schmid, Head of Development Logistics at Swiss Life Asset Managers.
The property will offer a total rental area of 44,182m2, divided into four building units, which can be rented to either a single or multiple occupants. In addition to 37,882m2 of warehouse space, this also includes 1800m2 of social and office space as well as around 4500m2 of mezzanine space. The 77,197m2 site will be accessible via four ground-level driveways.
The installation of heat pumps and a photovoltaic roof system is planned to generate renewable energy. Overall, the property is aiming for a BREEAM “Very Good” certification.
Image source - Swiss Life.
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