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Goodman increases investment in world’s largest inland port with two new sites at Port of Duisburg

Thursday, 13 January 2022

Goodman has signed two deals to take on 28.400 sqm of additional warehouse and industrial space and a land bank of 1.5 ha at the Port of Duisburg, the world’s largest inland port and prime European logistics destination. 

 

 Duisburg

The latest deals agreed with the authorities of the Port of Duisburg form part of Goodman’s global infill strategy, meeting increasing customer demand for strategically located space with easy access to large consumer markets. Situated just 6.5km outside Duisburg city centre and reaching 12 million consumers within a one-hour drive time , the area is attracting significant investment as a thriving mixed-use urban hub of office, residential, retail and industrial space. 

Customers will benefit from proximity to the Port’s trimodal container terminal, which brings together road, water, and rail to create seamless global supply chain operations, alongside wider shipping, road and rail networks and public transport, while Düsseldorf Airport is just 25km away. This prime position makes it an established logistics destination, attracting a diverse range of customers from e-commerce and ‘last mile’ retailers to manufacturers and their supply chains including Audi, Hewlett Packard, DHL and Siemens. 

The two new sites add to Goodman’s existing investment at the Port of Duisburg, taking its total leasable space across four assets to 116,000 sqm and providing the opportunity to develop additional 1.5 ha of land. Goodman has acquired an existing 28,400 sqm facility (“Duisburg IV”) comprised of warehouse and office space with a cross-dock area and direct railway access, ideally placed to serve logistics and distribution customers. In addition, it has also purchased an 1.5 ha land bank (“Duisburg V”) for future development. This land bank, a short walk away from downtown Duisburg and other major regeneration projects including The Curve, set to deliver new office, hotel and residential space in Duisburg’s inner harbour, will be suitable for a range of uses, from parking to standard logistics warehousing, or last mile e-commerce distribution.

 

Christof Prange, Head of Germany at Goodman, said: “Goodman’s long-term focus on strategic and urban infill locations offers our customers greater speed to market and an edge on their competitors. The Port of Duisburg is a prime example, with both a large consumer and employment base on its doorstep, and unrivalled connectivity, with the potential to drive down transport-related costs and drive up sustainability benefits.

“Globally renowned and already home to a collection of leading businesses, the Port of Duisburg is highly attractive and versatile, suitable for a wide range of customers requiring fast access to consumers, a readily available workforce and global connectivity. Building on the success of our existing sites and our close collaboration with the Port of Duisburg, we look forward to continuing to invest in this rich industrial and distribution destination.”

Markus Bangen, Chief Executive Officer at Duisport, said: "We are pleased to successfully realise these further projects with Goodman, building on the three existing developments that have added a great deal to the Port of Duisburg. 

“Due to our longstanding successful business relationship, now covering five sites, we approached Goodman directly regarding the development of this site to continue our partnership. We look forward to seeing how these two new sites unfold and expanding our trusting partnership in the future."