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 sq m, divided into around 49,500 sq m of warehouse space, 7,700 sq m of mezzanine space and approximately 700 sq m of office space. A further 30,000 sq m of outdoor space is available for the tenant’s use. The vendor and developer of the property is Habacker Holding GmbH & Co. KG 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 GmbH.
The warehouse space at the property is designed for flexibility and can be divided into five 10,000 sq m units if required. The large outside area gives the tenant additional space to incorporate into its logistics processes. Chal-Tec will use the mezzanine space primarily to handle returns. The e-commerce company specialises in electronic products from the “modern living”, lighting and sports sectors. Founded in 2005, Chal-Tec operates its own platforms, such as electronic-star.com, and is also present on all the relevant trading platforms in Europe. As well as trading, the company develops its own products and frequently acts as a brand incubator.
“In the Duisburg area, demand for modern logistics space currently significantly outstrips market supply. In our view, this situation is set to continue for many years. We therefore believe that conditions are highly favourable for our investment,” said Stephan Riechers, head of Investment Management Logistics in Union Investment’s Real Estate segment. “With its innovative product and solution offerings, tenant Chal-Tec is an established player in the e-commerce industry.”
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.
Source : Company