Log4Real implements first major project at Vienna Airport

As part of a European multi-million dollar investment program, Log4Real, a German industrial and logistics real estate developer, launches a designated branch and team in Vienna, for Austria and as headquarters for CEE: In the next three years the company plans to build a new class of energy-efficient production and logistics warehouses for international institutional investors at all major logistics hubs in Europe, on a total surface of 3 million m².

Hence in the rather traditional European market Log4Real gives new impulses for the construction of production and logistics real estate, but provides also new investment approaches to institutional investors at the same time. The industrial and logistics property developer is backed by the expertise of Germany’s largest real estate developer, the privately owned Zech Group.

Already the first Austrian project is a clear signal for the direction Log4Real will pursue in the market in the years to come: On more than 160,000 m² very close to the Vienna airport – and thus also to the largest public bonded warehouse in Austria, the port of Vienna – state-of-the-art multi-purpose halls will be built, serving for example for regional distribution, as import warehouse (air gateway e.g. for for manufacturers, logisticians and e-commerce retailers from AT, CZ, SK and HU), for the entire automotive supply industry or as production warehouse with temperature control for chemicals, pharmaceuticals, food or as data center, or spare parts warehouse, e. g. for wind power devices.

Christian Vogt, Vice President, Country Manager Austria: “The technological progress and the Internet are important growth drivers for e-commerce. The dealers promise consumers, among other services, fast delivery (same-day-delivery), which is a real challenge for both, logistics and the infrastructure in the form of real estate. Our concepts among other things, very customer-friendly deadlines (“Cut off time”) to deliver goods to the customers in a time window.”

Alexander Sollmann, Vice President, Business Development Austria & Central Eastern Europe, about the first Industrial Campus at Vienna International Airport: “Our first project in Austria illustrates clearly the way we will take in the future. Apart from the positioning at logistical junctions, we think sustainable, innovative, and customised properties helping the customers to improve their performance while lowering costs, are part of the future. ”

Besides the domestic market, the Austrian team is also responsible for the Central and East European region. “The demand for high quality logistics sites and customised solutions also rising in CEE, where our projects will have a pioneering role,” Mario Sander is convinced.

Log4Real is a developer of sustainable industrial and logistics real estate for highquality multi-tenants and institutional investors within carefully targeted prime investment locations in Europe’s 24 top logistics “Hot Spots.” Log4Real has two other business regions spread across Europe. Its regional teams are operating in CEE. the Benelux and the Nordics.

www.log4real.de

 

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