SEGRO celebrates ground-breaking ceremony for third Düsseldorf park

30. August 2024: On Wednesday, SEGRO celebrated the ground-breaking ceremony for the new "SEGRO Park Düsseldorf Flingern" on the site of the former Thyssen premises, between Königsberger Straße and Höherweg. The company acquired the 19-hectare site from various subsidiaries of thyssenkrupp AG in 2022.

Visualisation bird's eye view

Ground-breaking ceremony (from left to right: Marius Mühlenhoff (LISTBau), Lukas Wichrowski (SEGRO), Özge Baskin (SEGRO), Stephan Langer (LISTBau), Simon Weitzel (SEGRO), Ruprecht Melder (Chapman Taylor))

In the first construction phase, three properties with a total of 22,400 square metres of hall space including associated office and service areas will be built. They should be completed and ready for occupation in the first quarter of 2025. The flexible space sizes are suitable for companies from a wide range of industries and with a wide variety of concepts. SEGRO is constructing the spaces of around 400 to 2,000 square metres on a speculative basis, meaning that the company is already starting construction work without any pre-letting.

In addition to an attractive location in the immediate vicinity of the city centre and the A46, modern facilities and an architecturally appealing façade design, SEGRO is focusing comprehensively on sustainability in the development of the site. This is in line with the "Responsible SEGRO" framework, which places a particular focus on low-carbon growth and investment in local communities. Accordingly, the buildings will meet the BEG40 energy standard. In addition, the office roofs will be greened, as will the building façades. PV systems with a capacity (in phase 1) of 1.6 MW peak will be installed on the hall roofs. There will also be over 50 car parking spaces with e-charging points and charging points for e-bikes.

SEGRO is aiming for DGNB Gold sustainability certification for the buildings in the first construction phase. Social sustainability is also important to SEGRO. As part of its "Community Investment Plans", the company therefore supports various local initiatives such as Jugendberufshilfe, Düsseldorfer FranzFreunde and Hispi. Co-operations with local schools such as the Wim-Wenders-Gymnasium, the Realschule Benrath and the Maria-Montessori-Gesamtschule Düsseldorf are also part of the programme. At open days, pupils can get to know various companies in the SEGRO parks or learn about the business world in workshops.

SEGRO has already successfully developed the two business parks "SEGRO Park Düsseldorf City" on Fichtenstraße and "SEGRO Park Düsseldorf Süd" on Bonner Straße in Düsseldorf. Both sites offer urban production, storage and leisure space and were built according to modern standards for sustainable, ecological and energy-conscious construction. They have a broad mix of users from various sectors.

Tim Rosenbohm, Director Development Light Industrial at SEGRO in Germany, said:

"With this ground-breaking ceremony, we have reached an important milestone in our growth in Düsseldorf. It is important to us to realise a concept that not only contributes to the growth of the local economy and offers our future customers a first-class facility in a great location, but is also environmentally and socially sustainable."

Cornelia Zuschke, Alderwoman of the state capital Düsseldorf, said:

"In close consultation with the Chamber of Industry and Commerce and the Chamber of Skilled Crafts, we (the city) have called for the transformation of a brownfield site into a modern industrial and skilled crafts area here, in line with our industrial masterplan and with the intention of promoting Düsseldorf as a centre of employment alongside residential construction. We are delighted that SEGRO is not only responding to this request in the variety and quality presented, but is also comprehensively developing it and bringing it to life, obtaining permits in times of crisis and starting to build immediately. In several construction phases, counter-cyclical to the stagnating construction industry, it is becoming clear here on the site that has already been prepared for construction that something is moving at the location and promises a new, sustainable quality for large and small companies. The city administration and I personally would like to thank them for this and wish them all the best for this construction site and its creators, and I would like to express my sincere thanks for the creative and good cooperation on an equal footing."

As the general contractor, LISTBau of the LIST Group is responsible for the realisation of the construction measures.
 
Press contact:
Daniel Hosie
PB3C GmbH
T: +49 (0)40 540 908 420
E: hosie@pb3c.com

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT) listed on the London Stock Exchange and Euronext Paris. SEGRO is a leading owner, manager and developer of modern logistics and industrial property. The company owns or manages 10.8 million square metres of space worth €24.5 billion and serves customers in a wide range of industries. The company's properties are located in and around major cities and at key transport hubs in the UK and seven other European countries.

For over 100 years, SEGRO has been creating the space that makes extraordinary things possible. From modern large warehouses, primarily used for regional, national and international distribution centres, to urban commercial properties close to population centres and business districts, SEGRO provides high quality facilities that enable its customers to thrive.

The commitment to society and the environment is an integral part of SEGRO's objectives and strategy. SEGRO's "Responsible SEGRO" concept focuses on three long-term priorities where the company believes it can have the greatest impact: Promoting low-carbon growth, investing in local communities and the environment, and nurturing talent.

By striving for the highest standards of innovation, sustainable business practices and enabling economic and social prosperity, SEGRO underlines its ambition to be the best property company.

For more information, visit www.SEGRO.com.