Pandora opens 18,000 m² distribution centre in Hamburg

JLL advises the tenant and provides intralogistics expansion, project management and monitoring

HAMBURG, 11 July 2024 - Jewellery manufacturer Pandora is relocating within Hamburg. The Danish company has rented around 18,000 m² at Bredowstraße 34 in the Billbrook district, including around 15,000 m² of hall space and around 3,000 m² of office, social and mezzanine space. The property will be used as a distribution centre after the previous location at Hans-Duncker-Strasse 14 in the Allermöhe district became too small. JLL advised the tenant, brokered the deal and was commissioned with the expansion of intralogistics as well as project monitoring and management in the new property. JLL is also managing the demolition obligations at the former site.

The project developer and investor ECE Work & Live is the landlord of the fully let logistics property, which covers a total of around 25,000 m². The property was built in 2024 and is equipped with heat pumps and a photovoltaic system on the roof. The façades and roof are partly made of wood and are greened, and the aim is to achieve DGNB certification to the platinum standard.

Contact: Oliver Jähn, Senior Team Leader Industrial & Logistics Agency North JLL Germany
Phone: +49 (0) 40 350011 201
Email: oliver.jaehn@jll.com

Contact: Robert Wohlleben, Lead Project & Development Services Region North JLL Germany
Phone: +49 (0) 40 350011 310
Email: robert.wohlleben@jll.com

About JLL

For more than 200 years, JLL (NYSE: JLL), a leading global commercial property and investment management firm, has helped clients acquire, build, occupy, manage and invest in a wide range of commercial, industrial, hospitality, residential and retail properties. As a Fortune 500® company with annual revenues of $20.8 billion and operations in more than 80 countries worldwide, our approximately 108,000 employees offer the power of a global platform combined with local expertise. Driven by our mission to shape the future of property for a better world, we help our clients, employees and society - true to our motto "SEE A BRIGHTER WAY". JLL is the brand name and a registered trademark of Jones Lang LaSalle Incorporated. All contact details and press information for JLL Germany can be found at: jll.de/press