Blackbrook makes German debut in partnership with Nvelop

This deal marks Blackbrook’s first investment in Germany, the eighth market the firm has entered since its launch in 2020.

Located in the Rhine-Neckar region, the single-unit facility will provide prospective occupiers with an efficient footprint, nearby highway access, 12 metre clear heights and 5 tonne floor load capacity. It will also offer a high specification stand-alone office building, promoting employee comfort and wellbeing.

Jon Strang, managing director of Blackbrook said: 'The Rhine-Neckar region is one of Germany’s driving economic forces and home to one of the largest industrial clusters in Europe.

'As a result, there is huge demand in the area for modern and sustainable industrial space, and we are excited to be bringing to market a new state-of-the-art logistics facility to cater to this established demand.'

In line with Blackbrook’s ESG strategy, the facility will promote a range of sustainability initiatives including LED lighting, EV charging stations and solar energy solutions. It will be designed to achieve a DGNB Gold certification (equivalent of BREEAM Excellent).

Arvi Luoma, co-founder & CEO of Blackbrook added: 'This is a significant milestone for Blackbrook as we expand our footprint into Europe's largest economy.

'Germany's deeply established industrial base, and its thriving e-commerce sector is driving demand for modern and sustainable logistics assets. We’re thrilled to have secured this investment and to continue growing our pan-European portfolio in partnership with the best-in-class team at Nvelop.'

Artie Ioakim, co-founder and chief investment officer of Nvelop added: 'We are very excited about partnering with Blackbrook to deliver this project together in Ketsch.

'It is another example of the importance of brownfield regenerations in developing sustainably and we look forward to delivering a high-quality project for the City of Ketsch and our future occupiers.'