FOUR PARX and Taurus announce start of construction in Hildesheim

• Sustainable logistics and industrial property with a total lettable area of around 42,500 m² is being built
• Flexibly configurable hall areas from approx. 8,500 m² already on the market
• Completion planned for mid-2027

Caption: Construction work on a sustainable logistics and industrial property is starting in Hildesheim. Copyright notice: FOUR PARX GmbH.

The project developer FOUR PARX, which specialises in commercial and logistics space, and the private equity investor Taurus Investment Holdings are starting construction of a sustainable and ESG-compliant logistics and industrial property with a total lettable area of around 42,500 m². The property is being built on a 68,000 m² site in the north of the city of Hildesheim, directly on the A7 motorway. It has four hall sections with flexibly configurable areas from approx. 8,500 m² and a total of around 38,000 m² of hall space. In addition, there will be around 950 m² of office space and around 3,900 m² of service space. The property is designed to meet the requirements of various user groups and is particularly suitable for logistics, production, chemicals, pharmaceuticals, e-commerce, trade and defence technology, among others.

In the spirit of high-quality and sustainable project development, FOUR PARX is also implementing extensive measures to increase ecological and social sustainability in this project. The property is being built on a former industrial site, which has been reprocessed for its new use. This means that no valuable green spaces have to be sealed for the new building.

In addition, the property will be developed in accordance with modern ESG and EU taxonomy standards. Among other things, energy-efficient building technology, heat pumps, e-charging infrastructure and a photovoltaic system with 3.2 MWp are planned. The site's sustainable energy supply can save around 1,056 tons of CO2 annually. In addition, water-saving fittings, precipitation infiltration and naturally designed outdoor areas with flowering meadows and biodiversity-promoting measures are planned. For social sustainability, FOUR PARX attaches particular importance to high daylight availability, healthy materials and attractive lounge and break areas for employees. Certification according to DGNB is being sought. The property is also suitable for the storage of goods according to WGK 3.

The location offers potential users numerous advantages. Hildesheim is an established industrial and logistics location that is developing dynamically. The established industrial and commercial area in the north of Hildesheim is conveniently located in terms of transport. The immediate proximity to the A7 ensures efficient transport connections along one of the most important European north-south axes. The ongoing modernisation of the A7 motorway and the expansion of the Hildesheim junction will further strengthen the quality of the location in the long term.

The optimal accessibility of the Hanover metropolitan region and central economic areas in northern and central Germany by road is supplemented by multimodal connections by rail and the port of Hildesheim. In addition, the site is located in the immediate vicinity of the Hildesheim airfield. The conurbations of Braunschweig, Göttingen, Wolfsburg and the state capital Hanover with Hannover Airport can be reached in a short time.

"This project not only convinces with our high standard of structural quality, flexibility and sustainability. The excellent infrastructure and economic development of the region also offer the best prospects for potential users from various sectors," says Oliver Schmitt, Managing Partner of FOUR PARX.

Goldbeck Südwest GmbH, a renowned general contractor, will take over the turnkey implementation of the project. The project is scheduled for completion in mid-2027. FOUR PARX is currently already in advanced talks with potential users for the site.

Deutsche Pfandbriefbank AG (pbb) is acting as the financing partner for the speculative project development.

About FOUR PARX:

FOUR PARX, based in Dreieich, specialises in the project development of commercial and logistics space. FOUR PARX designs and develops innovative and sustainable building and space concepts with a visionary focus on sustainability, new mobility solutions, alternative energy supply, digitalization, compact space planning and high flexibility.

Four experienced real estate professionals have joined forces in the FOUR PARX Group: Oliver Schmitt, Jochen Gerber, Francisco J. Bähr and Marcus Jungheim, who specialise in commercial and logistics real estate.

FOUR PARX can look back on over 30 years of experience in project development. With a team of around 28 employees, FOUR PARX is currently developing over one million m² of land space for commercial and logistics properties in Germany.

About Taurus Investment Holdings, LLC:

Taurus Investment Holdings, LLC is an international real estate investment and asset management platform headquartered in Boston and originating in Munich, Germany. Since its founding, Taurus has acquired, developed and sold real estate with a total volume of more than USD 10 billion. In Germany, Taurus focuses on project development, value-add and opportunistic strategies in the residential, light industrial and logistics asset classes, among other things.

Press contact:

FOUR PARX GmbH | www.four-parx.com

Sönke Ingwersen | +49 6103 800 06-47 | ingwersen@four-parx.com

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teamtosse Agency for Communication | www.teamtosse.de

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