SEGRO leases sustainable new logistics building near Hamburg to Scan Global Logistics Group immediately after completion

The property is the company's and northern Germany's first logistics property with a complete timber structure. Thanks to the timber construction method, up to 14 per cent of the CO2 emissions required for the building were saved compared to conventional construction methods.

In line with SEGRO's strategy for low-carbon growth, the logistics property has a number of other sustainability features. For example, Scan Global will use the green electricity generated by the PV systems on the roof directly itself. The PV system will have a total capacity of 1.96 MW peak. A sustainable heat pump system will be used to heat the hall and office areas. Overall, SEGRO is aiming for the DGNB Platinum and DGNB Climate Positive sustainability certificates for the site. SEGRO involved the Neu Wulmstorf Climate Forum in the planning of the green spaces and is also installing insect hotels and nesting boxes for native birds to promote biodiversity on site.

Julian Kux, Director Logistics Germany at SEGRO, said:

"Having previously owned the site to a large local labour provider, which unfortunately went bankrupt, we are proud to have found a local company in ETS Scan Global that also shares our sustainability values. SEGRO has invested heavily in the brownfield site, creating high-quality, modern and sustainable logistics space."

Sven Schoon, Managing Director at Scan Global Logistics GmbH, said:

"As a global logistics service provider specialising in air and sea freight, we are aware of the responsibility we bear in terms of reducing greenhouse gas emissions. That is why we are focusing on sustainable solutions to drive forward the decarbonisation of supply chains - quickly and on a large scale. The SEGRO Logistics Centre Hamburg Neu Wulmstorf fulfils precisely this requirement: the combination of timber construction, green electricity supply from a powerful photovoltaic system and heat pump technology convinces us as a climate-friendly alternative to conventional logistics properties.

We also made a conscious decision in favour of this location: We have been active in logistics in Neu Wulmstorf for over ten years and feel closely connected to the region. The future connection to the A26 motorway will make access to the Port of Hamburg even more efficient - a clear logistical advantage for our sea freight activities."

The customer Scan Global was brokered by the logistics broker REALOGIS Immobilien Hamburg.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 10.3 million square metres of space (111 million square feet) valued at £20.3 billion at 31 December 2024 serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.

For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing (including data centres) located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.

A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent. 

Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.

See www.SEGRO.com for further information.