Clarion Partners Europe has acquired a prime development site in Hildesheim, near Hanover, Germany. Clarion Partners Europe plans to develop a 16,884-square-meter (181,738-square-foot) state-of-the-art logistics facility.
The speculative construction of the institutional-quality property, comprising one sub-divisible building, will commence in first quarter 2026, with completion targeted in fourth quarter 2026 or first quarter 2027.
The site benefits from its proximity to Hanover and position within the Hanover-Brunswick-Göttingen-Wolfsburg metropolitan area.
“Current market dynamics provide a compelling entry point for new developments in select, high-growth locations. Leveraging our long-standing relationship with Panattoni, Europe’s largest logistics developer, allows us to deliver an institutional logistics property into a well-connected European market,” said Thorben Schaefer, managing director at Clarion Partners Europe.
Rory Buck, managing
