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Goodman to develop 40,000 sqm of new logistics space at the Port of Hamburg

Thursday, 14 February 2013

Goodman, the integrated property group that owns, develops and manages logistics and business space globally, is expanding its portfolio with a 65,000 sqm site on Genter Ufer in Hamburg. A total of 40,000 sqm of modern logistics space can be developed at the site, which will be called Goodman Interlink Hamburg.

The Group will begin the speculative development of the first of four warehouses as early as the summer of 2013, with handover to the first customer expected by the end of 2013. Goodman will develop a further three warehouse units in line with customer requirements. The marketing of the development will commence shortly.

The site is at the western edge of the Port, in the vicinity of two state-of-the-art container terminals, offers potential customers a strategic location to establish their logistics operations. Export companies in particular can benefit from the infrastructure and access to one of the world’s largest sea freight terminals. The site is also attractive given its proximity to the Airbus Finkenwerder production facilities in Hamburg.

In line with its commitment to sustainability, Goodman is pleased to develop another brownfield site and will co-operate closely with the Hamburg Port Authority (HPA) on the project. The site is owned by the HPA, which is responsible for the port management. Goodman was awarded the development tender by the HPA as it presented the best overall concept for the site.

Flexible use of the four planned units is guaranteed including a warehouse clear height of up to 12.20 metres and floor slabs that will comply with the requirements of all three water hazard classes (WHC).

“The site on Genter Ufer in Hamburg is an absolute prime location. We are therefore confident in the success of our speculative development project. The Group’s strong capital base is also a key advantage for us, ensuring that the projects can be developed quickly,” explains Andreas Fleischer, Goodman Regional Director for Germany.

 “We are delighted that, with Goodman, we have found a strong investor for the Port of Hamburg. It is important that the few port sites still vacant are used as efficiently as possible. The concept from Goodman allows this to happen,” says Tino Klemm, Head of Finance and Property of Hamburg Port Authority.

Goodman opened an office in Hamburg in the summer of 2012 and used this as a base to make contact with potential interested parties. The project on the western edge of the port is part of the Group’s long-term investment strategy in the key logistics location of Hamburg and the wider northern German region.

For further information, please contact Goodman:

additiv pr GmbH & Co. KG, 
Simon Sahm, 

About Goodman

Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil. The Group invests in business parks, office parks, industrial estates and warehouse and distribution centres.

Goodman also offers a range of listed and unlisted property funds, giving investors access to a range of specialist services and property assets, and is working continually to build value in industrial property and fund management, with innovative new developments, and business and investment offerings.

With total assets under management of €16.6 billion and over 400 properties under management, Goodman is the largest industrial listed property group on the Australian Stock Exchange, and one of the largest listed specialist fund managers globally. Its market insight and dedicated local teams create sound investment opportunities and develop properties and environments that meet each client’s individual requirements.

With more than 950 staff and 34 offices in 17 countries, Goodman has the global reach to meet customers’ needs as their businesses expand or evolve. In Europe, Goodman has offices in Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia and the UK.

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