GLP is developing a 25,000 sq m commercial property in Grimma, near Leipzig, Germany. The facility is a new development that will consist of two building units with approximately equal areas available for leasing. The first phase of construction is scheduled to begin in October 2022, with completion planned for mid-2023.
GLP states that with its excellent travel connections, current zoning and high-quality building facilities and functionality, the building can be used for a wide range of purposes in the Leipzig-Halle metropolitan area and the wider region, or by local clients for light industrial purposes.
The purchase of the land from the WEP Group, which developed the industrial area in cooperation with the City of Grimma, was brokered by the Logistics & Industrial Team at BNP Paribas Real Estate in Leipzig.
Grimma is located between Leipzig, the largest city in the state of Saxony and part of the Central German metropolitan region, and the state capital Dresden, which is accessible in only an hours drive. GLP states that both domestically and internationally, the Leipzig area is considered a leading logistics location, with a trimodal transport infrastructure combining road, railway, and air transport.
The six-hectare site is located close to the A14 motorway, near the Grimma exit. Via a motorway ring around Leipzig and Halle, the new GLP logistics facility is integrated into a dense road transport network, including access to the GVZ Leipzig Freight Village for road-rail transhipment and the Leipzig-Halle Airport.
The Leipzig-Halle Airport is one of the five largest air cargo hubs in Europe and the second-largest cargo airport in Germany. An express shipping provider operates its own air cargo hub in the immediate vicinity, the largest transhipment centre in its worldwide express network.
GLP states that the GLP logistics and distribution facilities fulfil the highest standards for environmentally friendly construction. All the company’s new developments in the German market are built in compliance with the strict sustainability standards of the German Sustainable Building Council (DGNB) and are at least DGNB Gold-certified. This sustainable approach allows tenants to reduce energy consumption, CO2 emissions and water usage, and thus operating costs.
Source: GLP
