Goodman Group is developing a new 12,700 m2 logistics centre in Altenwerder Freight Village in the Port of Hamburg.

goodman to develop 12 000m2 logistics centre at hamburg port

Goodman to Develop 12 000M2 Logistics Centre at Hamburg Port

The facility is divided into two units, from which Goodman is constructing 7,100 m2 for Symrise, a supplier of fragrances and flavours. A further 5,600 m2 of logistics space developed by Goodman is available here for immediate lease. The property will be completed by summer 2017.

Symrise, based in Holzminden, Lower Saxony, is represented in over 40 countries in Europe, Africa and the Near and Middle East, in Asia, the US and Latin America. To combine the logistics capacities of several locations, the company opted for the development of a new logistics centre in the Port of Hamburg, one of the principal goods handling locations in Northern Europe.

'In times when there is a shortage of space, Goodman has secured properties in Hamburg at an early stage. Thanks to our long-term land banking strategy, we were able to offer our customer Symrise logistics space in the Port of Hamburg, one of the most popular European logistics locations. Altenwerder freight village scores points with its direct connection to the A7 motorway and its immediate proximity to the neighbouring container terminal Altenwerder which is one of the most modern terminals worldwide,' said Christof Prange, head of business development at Goodman in Germany.

In the same property in Altenwerder freight village, a further 5,600 m2 of logistics space with equipment will be available in summer 2017. This second unit includes 100 m2 for offices and social areas and 600 sqm of mezzanine levels. The property design allows flexible use, with possibilities such as cross-docking or outdoor storage. In line with sustainable building standards, Goodman has fitted the facility both with a continuous window strip on the mezzanine level for optimal use of daylight and with LED lighting. The foundation slab is sealed with a WHG-compliant film and suitable for the storage of goods in water protection class 3.

In the latest 'Logistics + Real Estate 2016' study by analysis company bulwiengesa, Hamburg was identified as the most attractive of a total of 28 logistics regions in Germany. 225,000 m2 of logistics space were marketed in the first half of 2016, including the Goodman Interlink Hamburg logistics park in neighbouring Finkenwerder. By summer 2016, the company had fully let this within twelve months.