Union Investment has acquired a newly constructed logistics facility in Kamp-Lintfort near Duisburg. The property was completed in November 2017 and is fully let to Berlin-based e-commerce company Chal-Tec.
The facility comprises total rental space of 87,500 m², divided into around 49,500 m²of warehouse space, 7,700 m²of mezzanine space and approximately 700 m² of office space. A further 30,000 m² of outdoor space is available for the tenant’s use. The vendor and developer of the property is Habacker Holding of Düsseldorf. The property occupies the site of the former Bergwerk West (Zeche Friedrich Heinrich) coal mine. Following the change of ownership, the property will be managed by Habacker Engineering.
The warehouse space at the property is designed for flexibility and can be divided into five 10,000 m² units if required. The large outside area gives the tenant additional space to incorporate into its logistics processes.
“Demand for modern logistics space in the Duisburg area significantly outstrips market supply. In our view, this situation is likely to remain the same in the nearest future. This provides highly favourable conditions for our investment," said Stephan Riechers, head of Investment Management Logistics in Union Investment’s Real Estate segment.
The logistics facility is located close to the A42/A57 motorway intersection at Kamp-Lintfort. In addition, the Port of Duisburg – the largest inland port in Europe – is only 20 minutes from the property. The area around Duisburg also provides excellent opportunities for combined multimodal logistics via road, rail, water and air.
