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The German subsidiary of the US Crown Equipment Corporation will use the space for the sale, service and repair of forklifts. The commercial real estate consultant Colliers acted as an intermediary for the letting.

With the letting that has now taken place, SEGRO has fully let the existing space in "SEGRO Park Köln City" much faster than expected. From the third quarter of 2023, further new commercial units from around 1,500 square meters and thus the last component will be available on the site.

“The fact that we were able to win Crown, one of the world's leading forklift truck manufacturers, as the last tenant in the park further rounds off the mix of uses. Above all, our representative and high-quality buildings were decisive for this lease,” says Simon Czerwinski, Associate Director Development Light Industrial at SEGRO. The users of the area already include Deutsche Post, Delicato Foodservice, Alvero Büromöbelvermietung, the online retailer Kapten & Son, deintorte.de, the company Shirtee, which specializes in digital printing, the 0221 Mediagroup and the TV production company Entertainment TV Ehrenfeld.

SEGRO Park Köln City is located on Vitalisstraße in the Bickendorf district of Cologne on the former AkzoNobel factory premises. The "technology park" covers around 43,000 square meters. The site 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 site of SEGRO Park Köln City also offers the potential to shift freight traffic from road to rail. Through the development of further commercial areas, 55,000 square meters of floor space will be available in the future. The area is characterized by its sustainability. It has buildings with green roofs, intelligent systems for determining energy savings, and beehives, insect hotels and nesting boxes to promote biodiversity. In addition, a photovoltaic system is currently being planned and charging stations for electric vehicles are to be put into operation in a few months. In addition, the quality of stay is increased by benches on the outside areas.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) listed on the London Stock Exchange and on Euronext Paris. SEGRO is a leading owner, manager and developer of modern logistics and commercial real estate. The company owns or manages 9.6 million square meters of space valued at €24.7 billion and serves clients across a wide range of industries. The company's properties are located in and around major cities and major transport hubs in the UK and seven other European countries.

For over 100 years, SEGRO has been developing 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 real estate that supports the success of SEGRO's clients.

Commitment to caring for society and the environment is an integral part of SEGRO's purpose and strategy. The Responsible Business Framework, Responsible SEGRO, focuses on three long-term priorities that the company believes can make the greatest impact: driving low-carbon growth, investing in local communities and the environment, and promoting of talents.

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