Grimma Industrial Park - Leipzig, Germany
A rare opportunity to develop two state-of-the-art logistics facilities in the supply-constrained manufacturing hub market of Leipzig, Germany.
Hines European Real Estate Partners III (HEREP III)
Strategic Location, Sustainable Vision
AT A GLANCE
Leipzig, Germany
The site is excellently located, sitting immediately on the A14 motorway connecting the cities of Leipzig and Dresden.
114,600 sqm
Description
Acquired off market in January 2024, Grimma Industrial Park is a well-located 284k sqm site, on which the Fund intends to develop two modern logistics facilities equipped with the highest sustainability and technical specifications.
Located in Leipzig, a market characterized by significant under-supply of Class-A logistics space, Grimma Industrial Park is in close proximity to Leipzig airport and is well situated for distribution across the Saxony region via the highly accessible motorways. Construction will take place in two phases, commencing in Q2 2024. The completed scheme will aim to deliver the highest possible ESG credentials1 with DGNB Platinum certification and Net Zero Carbon in operations.
1HEREP III is a financial product falling under Article 8 of the SFDR. There is no guarantee that the Fund will achieve all of its ESG objectives. See ESG Disclaimers for additional information about certifications and ratings.
Gallery
Disclosures
Grimma Industrial Park is an existing HEREP III asset. It should not be assumed that investments in the future will be comparable in quality or performance to the investments described herein. Case studies presented herein are for illustrative purposes only, have been selected in order to provide examples of the types of investments to be made by Hines for the Fund and do not purport to be a complete list thereof. It should not be assumed that investments made in the future will be comparable in quality or performance to the investments described herein.