Panattoni to build 66,000 sqm logistics center southeast of Bremen
Panattoni will begin construction of a logistics center on a nearly 118,000 sqm site in Verden, near Bremen, next February. Two buildings are to be constructed within one year in the industrial estate not far from the access road to the A27 (Karoline-Herschel-Straße 1). These will have a total area of 66,233 sqm which can be divided into seven independents units. Total investment will amount to €63mn. There are no tenants yet, but Panattoni’s Managing Partner Fred-Markus Bohne is counting on high demand in view of the property’s favorable location and proximity to companies such as Amazon and Hello Fresh. Immolog acted as broker for the property.
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