Goodman to develop German shed for Akzo Nobel

Sydney-listed property group Goodman is to develop a 10,000 m2 distribution centre for coating specialist Akzo Nobel Deco in Germany.

The property will be located in Viersen, North Rhine-Westphalia.

Construction at the 24,000 m2 site in the Mackenstein-North industrial area commenced in May, with handover scheduled for November, when Akzo Nobel will move from its existing Viersen office.

Akzo Nobel Deco has signed a seven-year lease on the warehouse, with a further two five-year options. The new warehouse will be used to store a large number of varnishes, paints and coatings.

In addition to the new facility’s retail and presentation areas, it will also offer sustainable features such as increased natural lighting through the inclusion of light strips in the façade, and in accordance with the German water management act specially certified floor slabs to facilitate the safe storage of paints and varnishes in all three water hazard classes (WHC).

Goodman will apply for silver certification from the German Sustainable Building Council (DGNB).