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While around 3,200 square meters are rented by a retailer as storage space, Deutsche Post Immoblien GmbH rents around 2,400 square meters. They want to use the space as a mail distribution center. Bicycles, e-bikes and e-scooters should be used for delivery. Correspondingly required e-charging stations will be installed on the site by the start of the rental period in March 2020.

"The use envisaged by Deutsche Post is an excellent illustration of how urban areas enable last-mile logistics that are particularly sustainable in terms of various emissions such as CO2, particulate matter and noise," says Simon Czerwinksi, Leasing Manager at SEGRO.

With the letting that has now taken place, more than 50 percent of the park with a total of 55,500 square meters of commercial space has already been let. Areas ranging in size from 800 to 7,700 square meters are still available for interested companies to rent.

The SEGRO CityPark Cologne is located on Vitalisstraße in Cologne-Bickendorf on the former AkzoNobel factory premises. The Technologiepark train station offers connections to the S-Bahn and regional train network. In addition, the district is served by four subway lines, so that the location can be easily reached by public transport. In addition, the district with the A 1 and A 57 is optimally connected to the motorway network. The railway siding on the property also offers the potential to shift freight traffic from road to rail.

About SEGRO

SEGRO is a listed industrial real estate group from Great Britain and a market-leading owner, manager and developer of modern logistics and commercial real estate. SEGRO owns and manages over 7 million square meters of rental space with a value of over 12.5 billion euros and is a service provider for customers from a wide variety of industries. The properties owned and managed by SEGRO are in close proximity to major metropolitan areas and major transport hubs in the UK and nine other European countries.

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