Industrial property in Schwelm with over 55,500 m² fully let

A sustainable industrial property in Schwelm with over 55,500 m² of space (including more than 45,600 m² of hall space) has been fully let ahead of the completion date in March 2024. The Düsseldorf-based Logistics & Industrial Advisory team from BNP Paribas Real Estate brokered the transaction in the North Rhine-Westphalian town of Schwelm in the south-eastern Ruhr region. The project in the Graslake industrial estate is located close to the city and is well connected, including via the A1, A43 and A46 motorways. The property is being realised by project developer Hillwood, while the operator of the facility is the family-owned company Fiege from Greven. The company optimises its customers' value chains internationally and across industries with modular concepts in the areas of logistics, digital services, real estate and ventures. "The letting before completion clearly shows the high market demand and the good location," says Bastian Hafner, Head of Logistics & Industrial Advisory at BNP Paribas Real Estate GmbH.

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Press contact:
Chantal Schaum - Tel: +49 (0)69-298 99-948, Mobile: +49 (0)174-903 85 77, chantal.schaum@bnpparibas.com
Viktoria Gomolka - Tel: +49 (0)69-298 99-946, Mobile: +49 (0)173-968 60 86, viktoria.gomolka@bnpparibas.com

About BNP Paribas Real Estate

BNP Paribas Real Estate is a leading international property services provider that offers its clients comprehensive services in all phases of the property cycle: Transaction, Consulting, Valuation, Property Management, Investment Management and Property Development. With 5,300 employees, the company supports owners, tenants, investors and the public sector in their projects thanks to local expertise in 23 countries (own locations and alliance partners) in Europe, the Middle East and Asia. BNP Paribas Real Estate is part of the BNP Paribas Group, a leading global financial services provider.

As part of its commitment to sustainable cities, BNP Paribas Real Estate aims to play a leading role in the transition to creating more sustainable real estate that is low-carbon, resilient, inclusive and conducive to well-being. To this end, the company has developed a CSR policy with the following four objectives: to improve the economic performance and use of buildings in an ethical and responsible manner, to enable a low-carbon transition and reduce the environmental footprint, to ensure the development, engagement and well-being of employees and to be an active player in the property sector, building and promoting local initiatives and partnerships.

Further information: www.realestate.bnpparibas.com/

About BNP Paribas in Germany

BNP Paribas is a leading European bank with an international reach. The BNP Paribas Group has been active in Germany since 1947 and has successfully positioned itself in the market with 12 business units. Private, corporate and institutional clients are served by around 6,000 employees nationwide in all relevant economic regions. www.bnpparibas.de