Panattoni starts new speculative project in Rheine

Panattoni, the leading project developer for industrial and logistics properties in Europe, is developing a new multi-functional premises suitable for production and logistics activities in Rheine, North Rhine-Westphalia. The modern Panattoni Park is being built in line with strict sustainability standards on an established industrial estate in the north of Rheine. It enjoys excellent transport connections and infrastructure and, in the interests of low-emission logistics, also offers the option of adding a railway siding.

The logistics facility is under construction on a plot measuring 92,700 m² and comprises two buildings facing each other – one with two rental units and another with three units – as well as a shared loading yard. Panattoni is creating 49,700 m² of logistics, production and industrial space on the site as well as 2,200 m² of office space. The building will have a height of 10 m (up to bottom of girders) and around 160 car parking spaces will be created outdoors.

The site formerly served as potential space for an automotive plant of the Karmann Rheine GmbH. Situated on the Baarentelgen industrial estate in Rheine, the new Panattoni Park will benefit from excellent autobahn connections to the A30 and A1, and it is also well connected to nearby infrastructure, such as a container terminal (transshipment terminal for combined cargo), port handling facilities on the Dortmund-Ems canal in Rheine and Spelle, and attractive public transport connections. In addition to outstanding infrastructure and an enviable location, Rheine offers a pro-business environment and excellent quality of life, including educational, childcare, cultural and leisure facilities as well as a supply of skilled workers.

Panattoni has made sustainability a key focus on this project and has targeted Gold certification from the German Sustainable Building Council (DGNB). The project developer has drawn up a series of measures to achieve this, including installing a photovoltaic (PV) system, implementing fossil-free hall heating based on an ultra-efficient heat pump system, creating green roof areas where suitable (such as the sprinkler centre, bicycle store and smoking shelter), providing an employee well-being area and planting a meadow with scattered fruit trees. Insect hotels and nesting boxes will also contribute to preserving biodiversity, while a wildlife pond will provide an attractive place to spend time and relax. With industrial tracks already running through the site, there is also the option of building railway sidings to facilitate low-emission logistics.

“We are pleased that, together with the Rheine Municipal Corporation, we are able to support and advise the development of the Panattoni Park in Rheine. As a redensification project with an industrial focus and ideal size, this project is a true gem rarely seen anywhere nationwide! Given its outstanding location, the new premises could provide an exciting location for a good number of companies and employees. The sustainable development concept will benefit not only the climate and the environment but also the Park’s future employees, who will enjoy welcoming surroundings,” said Ingo Niehaus, Managing Director of EWG – Entwicklungs- und Wirtschaftsförderungsgesellschaft für Rheine mbH.

“The new Panattoni Park Rheine is under construction in a location that will appeal to a wide audience, close to the border with the Netherlands. The new Panattoni Park will offer its future tenants high-quality, sustainably built premises and create ideal conditions for growth and positive development throughout the region. We would like to thank the local authorities and EWG for the excellent collaboration to date and look forward to the rest of the project development,” said Fred-Markus Bohne, Managing Partner at Panattoni for Germany and Austria.

Construction is starting in Q3 of 2023, with completion scheduled for precisely one year later.

Real estate consultancy firm Robert C. Spies has been engaged to market the premises.