P3 in Northern Germany
European logistics real estate developer P3 Logistic Parks, a subsidiary of the sovereign wealth fund Singapore Government Investment Corporation (GIC), is investing in Wilhelmshaven.
The company is buying a 210,000 sqm site in the centre of the Jade Weser Port freight transport centre. Around 140,000 sqm of logistics space is to be completed in stages by the beginning of 2025.
P3 Logistics Parks is planning a speculative realisation of three logistics halls with a total hall area of some 122,000 sqm, with almost 11,000 sqm of mezzanine and 7,000 sqm of office space to be added to the total.
The halls will have a clear height of 12 m and be equipped with 17 ground-level gates and 111 dock levellers. Photovoltaic systems will be installed on all of the property's roofs. (sh)