Verdion is set to develop Verdion CoreHub Rastatt, a new €45 million (approximately £38 million) Grade A logistics facility in southwest Germany.
Covering 19,573m² (approximately 210,682ft²), the project will comprise two high-specification warehouse units, each incorporating office, technical and welfare accommodation. The development occupies a strategically important position near the German-French border.
The site at Hohlohstraße 13 is located within one of the area’s longest-established industrial and logistics corridors, providing efficient access to domestic and international supply chains, including food and beverage distribution networks.
Sebastian Achten, leasing development director, at Verdion, said: “This is an important and welcome milestone for this project, allowing us to quickly commence construction ready for delivery for July next year.
“Rastatt’s location offers potential for a range of occupiers with high standards of space planned and the proximity of this opportunity to the A5 being a particular advantage.”
Following approval of the building permit, work is expected to begin shortly, with practical completion scheduled for July 2027.
Tobias Heinz, head of technical development – Germany, Verdion, said: “This new asset has been designed to high standards and will support 24/7 operations, with flexible unit configuration, efficient HGV circulation and side-loading capability for potential automotive occupiers.
“Targeting DGNB Gold, it will also meet the latest sustainability and operational standards, delivering long-term value and resilience in addition to supporting immediate business requirements.”
Verdion’s value-add VELF 2 fund is dedicated to acquiring and repositioning under-capitalised or under-managed logistics properties across Northern Europe.
“It leverages Verdion’s vertically integrated platform to deliver refurbishment and development projects in-house.”
