SEGRO completes its biggest ever Northern Europe pre-let

By
Simon Creasey

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SEGRO has leased 86,000 sq m (circa 925,000 sq ft) to Relaxdays, the largest e-commerce company in central Germany, at SEGRO Logistics Park Leipzig-Airport in Kabelsketal. The deal is SEGRO’s biggest ever pre-let in Northern Europe.

Christopher Gigl, investment director at SEGRO in Germany, said: “This is the largest built-to-suit project we have ever realised in Germany for Relaxdays. In order for such a large-scale project to go smoothly, everyone involved had to pull together.”

The development, which was delivered by construction company Goldbeck, incorporates a fitness and yoga area as well as a roof terrace for employees.

SEGRO is currently developing around 12,000 sq m (circa 129,000 sq ft) on the site as an extension for Nagel, in addition to just under 8,800 sq m (circa 94,000 sq ft), which has already been pre-let to another existing tenant.

SEGRO Logistics Park Leipzig-Airport is located in Eichenallee, in Kabelsketal, close to Leipzig/Halle Airport.

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