SEGRO completes five new leases at SEGRO Park Düsseldorf Flingern

This means that almost two-thirds of the park's first construction phase will be leased shortly after its completion at the end of January 2026. Currently, only three light industrial units, one urban logistics unit and a smaller area of around 500 square metres are still available.

New Customers

New customers include a leading international courier and logistics company, a global leader in express air freight with a German branch, which has been active in Germany for many years. The company is leasing 2,373 square metres of urban logistics space at SEGRO Park Düsseldorf Flingern.

Another new customer is the German branch of the international online supermarket Picnic. Picnic GmbH will use 2,152 square metres of light industrial space for its local last-mile logistics. Early leasing during the construction phase made it possible to take the company's specific requirements into account, including a covered Sprinter delivery area.

Strong demand for smaller units

Ingo Kleinow Sanitär- und Heizungsbaumeister, Posbank Europe GmbH and PBC Linear Europe GmbH are three further companies that have opted for units measuring 473 square metres each. These are located in the SEGRO Park Düsseldorf Flingern area, where SEGRO has specifically designed smaller space sizes in order to appeal to as broad a customer spectrum as possible. These units are characterised by the low-emission timber construction of the supporting structure and façade, with the exterior cladding consisting of energy-efficient rock wool composite panels.

Ingo Kleinow Sanitär- und Heizungsbaumeister is active in the field of sanitary, heating and pipe technology and offers its services under the label ‘Notfallheizung24h’ – an emergency service for heating and air conditioning technology. Posbank Europe GmbH is a subsidiary of Posbank Ltd, headquartered in Seoul (South Korea), and part of an international provider of point-of-sale solutions for retail and catering.

New location for fast-growing existing customer

PBC Linear Europe GmbH is a wholly owned subsidiary of PBC Linear, based in Roscoe (USA). The company manufactures linear guidance systems and serves the entire European market from its base in Germany. PBC Linear Europe GmbH is already an existing SEGRO customer and was previously located at SEGRO Park Düsseldorf Süd. Due to its growth, the company has decided to move to a new location in SEGRO Park Düsseldorf Flingern.

Tim Rosenbohm, Director of Light Industrial at SEGRO Germany, says:

"We warmly welcome our new customers to SEGRO Park Düsseldorf Flingern. The five new deals confirm our approach: a prime location with excellent transport links, flexible usage options for different requirements and high sustainability standards are crucial for leasing success. The strong interest also shows that our concept of deliberately offering smaller units is very well received by the market."

Project overview and sustainability

The first construction phase of SEGRO Park Düsseldorf Flingern comprises three buildings with a total of around 22,400 square metres of hall space, including office and service areas. The flexibly divisible units, ranging in size from around 400 to 9,500 square metres, are suitable for companies from a wide range of industries. SEGRO began construction in 2024 on a speculative basis due to the quality of the location. The company acquired the approximately 19-hectare site in 2022 from various subsidiaries of thyssenkrupp AG.

In developing the site, SEGRO is focusing not only on a central location and modern facilities, but also on comprehensive ecological and social sustainability. All buildings meet the BEG40 energy standard. Office roofs and facades will be greened, and photovoltaic systems with a total output of 1.6 MWp will be installed on the hall roofs (first construction phase). In addition, more than 50 parking spaces with electric charging stations and charging points for e-bikes are planned. SEGRO is aiming for DGNB Platinum certification for the buildings in the first construction phase.
 
The courier and logistics company was brokered by Logivest, and Posbank Europe GmbH by RED Property. Vidan brokered Ingo Kleinow Sanitär- und Heizungsbaumeister. The deal with Picnic GmbH was concluded directly between SEGRO and the company.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris. The company owns, manages and develops modern warehousing, industrial property and data centres across the UK and seven other European countries, with a portfolio of 10.8 million square metres of space (116 million square feet) valued at £21.4 billion.

Founded in 1920, SEGRO's active approach to asset management and disciplined approach to capital allocation has created a portfolio of high-quality, sustainable buildings in some of Europe's largest cities and at key transport and digital infrastructure hubs.

From big-box logistics to urban warehousing and data centres, SEGRO creates the space that enables extraordinary things to happen. It provides the infrastructure of modern economies and everyday life, enabling efficient, low-carbon supply chains and digital connectivity across Europe, helping drive growth and job creation. This space supports a diverse customer base including retailers, manufacturers, logistics providers and technology companies.

SEGRO’s is committed to being a force for societal and environmental good, prioritising Championing low-carbon growth, Investing in local communities and environments, and Nurturing talent.

For more information, visit www.SEGRO.com.