Rösrath/Frankfurt (Oder), March 23rd, 2021:
The real estate project development company Alcaro Invest GmbH, a subsidiary of the OSMAB group, has commissioned the general contractor Goldbeck with the implementation of the first construction phase of Hall A of its Log Plaza Frankfurt (Oder). Goldbeck was able to successfully prevail against five competitors in the nationwide tendering process.
41,000 qm of hall space in the sustainable Log Plaza Standard, which is spread over four units, as well as 1,900 square meters of office and 2,800 square meters of mezzanine space, should be completed by the end of the year. “The pandemic has shown that it is necessary to keep warehouses in Germany in order to secure supplies for the population and industrial production. From our discussions in the past weeks and months with various user groups, we have learned that this space requirement is very high, but can no longer be implemented in an established location.
This applies in particular to e-commerce, but also to buffer storage. That is why we decided to build the first construction phase of the Log Plaza Frankfurt (Oder) entirely on a speculative basis,” reports Anton Mertens, Managing Director of Alcaro Invest GmbH and CEO of OSMAB Holding AG. With this decision, Alcaro is also reacting to the short-term contracts that have prevailed in the logistics industry for years. “Many logistics contracts are issued by the client with a few months’ notice. However, when the need for available logistics real estate is greatest in the company, the new building space has not yet been realized, as this requires lead times of six to twelve months. For this reason we were unable to respond to inquiries,” says Peter Bergmann, project manager at Alcaro. With the starting shot for the construction project at the German-Polish border location, where two large economies can be mapped, Alcaro wants to remedy this bottleneck and create planning security for occupancy.
Alcaro has appointed Arne Haeger to his team as the technical project manager for the Log Plaza Frankfurt (Oder). The 46-year-old civil engineer has 20 years of experience in the construction industry. The entire completion of the first 24/7 usable construction phase with a hall height of 12 m UKB and a floor load of 7.5 t / m² is planned for the first quarter of 2022 ”, says Arne Haeger.
On March 23, 2021, the clients handed over the construction site symbolically to the general contractor Goldbeck. The former truck storage area had already been dismantled beforehand.
Further information is available online at www.alcaro.de (external link!).
Source: Press release by Alcaro Invest GmbH
Image 1: Symbolic handover of the construction site to the Goldbeck construction company for the establishment of the first construction phase of the Log Plaza Frankfurt (Oder)
(Source: Investor Center Ostbrandenburg GmbH).
Image 2: Visualization of the first construction phase of the Log Plaza Frankfurt (Oder)
(Source: Alcaro Invest GmbH).
ALCARO Invest GmbH – www.alcaro.de
Alcaro – a real estate project development company located in Rösrath, Germany has an experience in financing, planning, construction and rental of industrial, logistics and office properties throughout Germany for more than ten years. Since 2009, Alcaro has sustainably revitalized or redeveloped a total of almost 300,000 square meters of flexible buildings for production companies, among others from the pharmaceutical, cosmetics and electric motors sectors. More than 330,000 square meters of usable space are currently in the pipeline. In 2014 Alcaro launched his “Log Plaza Concept”, which stands for sustainable, high-quality office and logistics properties. Alcaro’s trend-setting new buildings include Log Plaza Brandenburg 1 and 2, Log Plaza Colonia 1 and Log Plaza Kerpen. Alcaro Invest GmbH is a wholly owned subsidiary of OSMAB Holding AG.
OSMAB Holding AG – www.osmab.de
OSMAB Holding AG (Rösrath) acts throughout Germany as an investor, project developer, asset manager and portfolio holder with a focus on office and logistics properties. Other business areas include the development of building land, facility management of the company’s own real estate portfolio and investments in renewable energies. The medium-sized group of companies, which has been active in the real estate sector since 1992, employs a very experienced team of around 50 employees. As part of its sustainability strategy, OSMAB has been developing brownfield sites for more than ten years, revitalizing existing properties, generating solar power on the roofs of its properties and supporting a large number of social projects.