Garbe Industrial Real Estate invests €76m in German logistics property

Garbe Industrial Real Estate will build a 61,500 m2 logistics property in the Großkugel Industrial Estate, a few km west of Leipzig/Halle Airport, in which it will invest €76 mln.

The German logistics specialist will built the project on a 100,000 m2 plot of land in Kabelsketal (Saxony-Anhalt, Germany) acquired from an institutional investor.

Construction is scheduled to start in October with completion due in October 2024.

The logistics property will consist of two divisible halls of different sizes (34,000 m2 and 21,000 m2), in addition to 3,000 m2 for offices and social rooms and 3,500 m2 of warehouse mezzanine.

The building will be equipped with 56 gates for loading and unloading trucks, while parking spaces for 259 cars and 15 trucks are planned for the outside area.

Adrian Zellner, member of the Executive Board at Garbe Industrial Real Estate, said: ‘The conurbation between the two boom cities of Leipzig and Halle, especially the municipality of Kabelsketal, has developed into a top logistics region. For us as a project developer and investor, the location is therefore highly attractive. Demand is high. We are already talking to potential tenants. The Großkugel S-Bahn stop with regular connections to Halle and Leipzig is only 300 metres away on foot. This also makes the location interesting for companies that need a higher number of employees from the region for their business.’

The building is being constructed according to the BEG-40 standard, with heat pumps used for heating, while a photovoltaic system will be installed on the roof area to generate renewable energy.

In order to protect the soil and groundwater, a foil in accordance with water hazard class III will be inserted under the floor slab.

Garbe Industrial Real Estate is aiming for gold certification from the German Sustainable Building Council.

The property is very close to the B 6 trunk road, which connects the industrial estate with the A 9 Berlin – Munich motorway.

The Großkugel junction is 3 km away, while the Schkeuditzer Kreuz junction with the connection to the A 14 Magdeburg – Dresden motorway can be reached within 6 km.


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