Alpha Industrial has said it is making one of the largest investments in the German logistics market with postal and logistics giant Deutsche Post/DHL.
Alpha Industrial has said it is making one of the largest investments in the German logistics market with postal and logistics giant Deutsche Post/DHL.
The partners intend to build a 40,000 m2 logistics facility on a 140,000 m² property in Obertshausen which will serve as Deutsche Post's central hub. Obertshausen has direct access to the A3 motorway.
Excavation work is to start this year, and completion of the project is scheduled for the end of 2013. Deutsche Post wants to put the new parcel distribution centre into operation in the autumn of 2014, once the materials handling technology has been installed. The centre will then be able to handle up to 50,000 parcels an hour and will create around 600 new jobs, Alpha said.
'After erecting the global warehouse for Fresenius Medical Care near Darmstadt in 2008, Alpha Industrial is now again involved in one of the biggest investments on the logistics market this year,' said Jörg Schröder, managing partner at Alpha Industrial.
The logistics real estate specialist most recently supervised the construction of a logistics building for an e-commerce subsidiary of the European electronic goods retail chain Media-Saturn-Holding, in the Erfurt logistics centre GVZ, and it is currently developing modern logistics space in Munich on a speculative basis.
Alpha Industrial has more than 700,000 m2 of logistics space under management.
