The dedicated project for Uponor is delivered on a 5.55 ha greenfield plot, consisting of 15,512 sqm of warehouse space and 1,234 sqm of office and mezzanine space. The site is located in Hassfurt, Germany next to Uponor's existing facilities and headquarters, in vicinity of the motorway A70 in northern Bavaria. There is the possibility of up to 5,000 sqm of future warehouse expansion. The investment volume is around eleven million euros.
With over 60 years of experience in the development and production of plastic pipes, components and systems for residential and commercial building markets, Uponor managed to become a leader in providing technologically advanced plumbing and indoor climate systems.
"We are confident that with Panattoni we have chosen a developer that is able to support us in a professional way in upgrading our logistics in Central Europe and improving our delivery performance, says Heiko Folgmann, Executive Vice President for Sales & Marketing in Europe, Uponor. An additional aspect to look forward to is the integration of advanced Uponor technologies to the building.
"We are very pleased to expand our relationship with Uponor and accommodate their growing business" said Sönke Kewitz, Managing Partner at Panattoni Europe in Germany - "This project represents our first build-to-suit development near Hassfurt. We are committed to developing Class-A distribution facilities and are currently working hard to meet the immediate distribution needs of customers in a variety of markets across the country."