Goodman continues to expand in the Port of Hamburg with the development of a new flexible logistics centre

Goodman, a global leading owner, developer and manager of logistics real estate, is continuing its expansion course in the Port of Hamburg: the property group is planning a 35,000 sqm logistics centre in the southern Port of Hamburg. Flexible units from approx. 5,000 sqm will be available there from the start of 2018. The new logistics centre is the third project for the integrated property group in Hamburg.

On the site, located at Moorburger Bogen, a new development with a total of 35,000 sqm logistics space will be initiated in May 2017. The property will include 3,000 sqm of mezzanine space and approximately 2,000 sqm office and social space. The entire complex can be subdivided into and let as three or more independent units or as a single unit. The property concept is geared towards flexibility and allows use by companies from various industries, including the potential for cross-docking logistics.

In line with the majority of the sites developed by Goodman in Germany, the new project in the Port of Hamburg is a brownfield conversion built with high sustainability specifications. The property is expected to obtain a Gold certificate from the German Sustainable Building Council (DGNB) upon completion, which was a key component in Goodman’s ability to secure the land following a tendering process by the Hamburg Port Authority (HPA).

“We are seeing  significant  demand for modern logistics sites in Hamburg, which is outstripping current supply. With our new logistics centre, we are providing customers with a high-quality, flexible site in Germany’s logistics hotspot,” said Christof Prange, Head of Business Development for Goodman in Germany.

Multimodal location
Optimally situated in the southern Port of Hamburg, the  extensive transport network supports a broad range of transport modes available in close vicinity of the planned logistics centre. The A1 motorway, located less than two kilometres from the site, and the A7 motorway, within only six kilometres, cover the road network to the south and north. The B73 and B75 trunk roads are also within immediate reach. Moreover, Altenwerder, Burchardkai and Eurokai container terminals are located eight kilometres away. In addition to these excellent transport connections, the property will offer future employees the benefit of approximately 120 car parking spaces on site and access to local public transport within walking distance. Prominent neighbours will include Daimler, Airbus, DHL, Kuehne + Nagel, DSV and Rhenus.

Uwe Weidemann, Head of Marketing and Project Development at Hamburg Port Authority welcomed the new development: “Companies like Goodman are important partners for the Hamburg Port Authority. With its range of high-quality, sustainably built, flexible logistics properties, Goodman is contributing significantly to improving the attractiveness of the Port of Hamburg as a key logistics location.”

Other Goodman projects in Hamburg
The Port of Hamburg is one of the most popular logistics locations and home to the third largest container port in Europe. In the “Logistics + Real Estate 2016” study by strategic consultant bulwiengesa, Hamburg was identified for the second time as the most attractive logistics region in Germany. To be able to offer its customers high-quality property solutions in this market, Goodman has already implemented several projects in the region. Only recently, the property group opened the 44,000 sqm Interlink Hamburg Logistics Park together with its customer Satair Group, the logistics subsidiary of Airbus. The aircraft manufacturer is occupying a total of 21,500 sqm of the available space. Alongside Satair Group, aviation supplier Diehl Comfort Modules (DCM) and logistics service provider STUTE Logistics are also in the Goodman Interlink Logistics Park.

Only a few kilometres from Interlink Hamburg Logistics Park, Goodman is expanding a logistics property in the Altenwerder freight village by a 12,700 sqm, of which 7,100 sqm are let to Symrise, a leading supplier of fragrances and flavours. Approximately 5,600 sqm will become available in the same logistics centre in Summer 2017. This unit will include around 100 sqm for offices and social areas as well as a 600 sqm a mezzanine space. As with the planned project in the Port of Hamburg, this expansion of the 35,000 sqm property in Altenwerder also allows flexible use – including cross-dock logistics, the warehousing of goods requiring water hazard class 3 storage (WGK 3) and/or operation of an outdoor store.