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The construction work will start later this year. Completion of the first section is planned for 2021. There is space for 165,000 pallets and around 600 parking spaces, which can be reached via a sky bridge. The building will also offer a fitness and yoga area as well as a roof terrace for employees.

"This pre-lease, which represents SEGRO's largest built-to-suit development in Germany, illustrates the importance of Leipzig as a logistics region," says Christopher Gigl, Development Manager at SEGRO.

At the beginning of July, SEGRO announced the full occupancy of the recently completed second phase of the SEGRO Logistics Park Leipzig Airport with 58,000 square meters of rental space. With the pre-letting, the park has a total rental area of 190,500 square meters. In addition to the expansion that has now been announced, the SEGRO Logistics Park Leipzig Airport is also working on expansion areas for a further 19,000 square meters.

The SEGRO Logistics Park Leipzig Airport is located in Eichenallee in Kabelsketal and is characterized by its direct proximity to Leipzig/Halle Airport. Located directly on the B 6, there is also an excellent connection via the A 9 and A 14 motorways in the direction of Dresden, Halle and Kassel.

The Logistics & Industrial Team Central Germany of the real estate consultant BNPPRE advised on the brokerage of the areas.

About SEGRO

SEGRO is a British real estate investment trust (REIT) listed on the London Stock Exchange in the FTSE 100 index. With a portfolio of 8 million square meters worth EUR 14.4 billion, SEGRO is a leading owner, manager and developer of modern logistics and commercial real estate. SEGRO's owned and managed properties are strategically located in the UK (in London and the South East and Midlands regions) and in continental Europe in France, Germany, Italy, Poland, Spain, the Netherlands and the Czech Republic.

For 100 years, SEGRO has been creating areas that make extraordinary things possible. From modern logistics real estate, primarily used as regional, national and international distribution centers, to urban commercial real estate near major population and economic centers, the company offers high-quality properties that support the growth of SEGRO's clients.

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