In a joint venture, Garbe Industrial Real Estate GmbH, Hamburg, and Bremer Projektentwicklung GmbH, Bochum, have acquired a 35,000 square meter property in the Hanau Technology Park about 25 kilometres east of Frankfurt/Main.
The dismantling and demolition of the facilities located there are scheduled to start in the first quarter of 2019. After the revitalization, the construction of an approx. 20,000 square meter multi-user property is planned on the last development area on this scale.
On the grounds of today’s Hanau Technology Park in the Wolfgang district, fuel assemblies for nuclear power plants were produced until the end of the 1980s. In 2008, the bunker area (part of the whole park) was transferred to 1 & 1 Internet AG, which initially wanted to establish a data centre but this did not come to fruition. Now, following the deconstruction of the last remaining facilities that have been unused for years, a modern and sustainable commercial and logistics space will be developed on the site.
Hanau’s Lord Mayor, Claus Kaminsky, welcomes the decision by Garbe Industrial Real Estate GmbH and Bremer Projektentwicklung GmbH to invest jointly in the Hanau site: “This will close the last remaining large vacant lot in the Technology Park and create attractive settlement opportunities at the location.” With the demolition of the old bunker, another “symbol” of the fuel assembly history on the location will also finally disappear, said the mayor happily.
“With the revitalization and clearing of the unused land, we are enhancing unused property reserves and creating settlement potential,” explains Bernd Jungholt, Managing Director of Bremer Projektentwicklung GmbH. “Both companies bring their many years of experience in dealing with conversion areas from the revitalization of fallow land to the development of modern and sustainable real estate,” emphasizes Jan Dietrich Hempel, Managing Director of Garbe Industrial Real Estate GmbH.
A property with a floor space of approximately 20,000 square meters is planned to be built in the Technology Park. Other features are office, mezzanine and social areas. “The planned multi-user property is suitable for regional and national companies in the fields of commerce, logistics, industry and production. It also offers local companies expansion and growth potential,” explains Jan Dietrich Hempel. The new building is expected to be completed in spring 2020.
The location is characterized by its central location in the Rhine-Main area and its good transport links. Via the motorways 45 and 66 in the immediate vicinity that connect Aschaffenburg with Dortmund or Fulda with Wiesbaden, all major sales channels can be reached within short driving distances.
Hanau city centre is only about four kilometres, central Frankfurt about 30 kilometres and Frankfurt airport about 35 kilometres away. “The excellent regional and national connections illustrate the very good location in the Rhine-Main area and offer optimal sales and trade routes for logistics and trade service providers,” says Bernholtz Jungholt.
In unison, Jungholt and Hempel stress the very constructive and effective cooperation with the authorities involved. “Wirtschaftsförderung Hanau GmbH and the City of Hanau have paved the way for us in this project and supported it in every way possible. We do not experience that too often on this scale.”
About BREMER Projektentwicklung GmbH
With the revitalization and restructuring of previously used properties, BREMER Projektentwicklung GmbH, based in Bochum, is committed to sustainability. Location search and land acquisition, building permission, creation of usage concepts, planning and project management as well as the sale of the developed property to end investors are part of the portfolio.
The aim is to develop competitive and economical real estate objects, in particular office and retail real estate, as well as commercial and production real estate. A very good market network and proven competence in dealing with contaminated sites and contaminated land provide a solid basis for this.
BREMER Projektentwicklung is a subsidiary of Paderborn-based BREMER AG, one of the leading companies in Germany in turnkey construction with precast reinforced concrete components.
About Garbe Industrial Real Estate GmbH
Garbe Industrial Real Estate GmbH, based in Hamburg, is one of Germany’s leading providers and managers of logistics and corporate real estate. For more than 25 years the company has been counted among the most important independent cooperation partners for transport and logistics providers, trade companies and the production industry. Garbe Industrial Real Estate GmbH develops, buys and sells, rents, manages and finances high-end re-rentable commercial properties at attractive national and international transport and industry locations. With around 3.7 million square meters of rentable space, Garbe Industrial Real Estate GmbH currently manages 137 properties at 104 locations in three countries worth 2.3 billion euros.