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This means that the business park, with a total of 58,400 square meters, is once again fully let. The lease was brokered by logistics and commercial real estate consultancy Logivest.

SEGRO Park Köln City, located in the Bickendorf district, sets standards for sustainable and energy-efficient construction. Glulam beams made from regional timber are used in the warehouses, while the LED lighting is controlled by modern motion detectors. The latest construction phases are also equipped with charging stations for electric vehicles and use energy-efficient heat pumps. Beehives, insect hotels and nesting boxes have been installed on the site to promote biodiversity.

Tim Rosenbohm, Director Light Industrial at SEGRO, says:

“With the renewed full occupancy, we are underlining the attractiveness of our modern, centrally located and sustainably designed commercial space.”

At the same time, SEGRO is already working on another project in the west of Cologne: SEGRO Park Frechen will provide 30,900 square meters of flexible and sustainable commercial space to meet the region's growing requirements.

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 10.8 million square metres of space (116 million square feet) valued at £20.6 billion 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 GrowthInvesting 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.

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