Frasers Property Industrial has acquired a seven-hectare site in Unna, Germany, from Rhenus Logistics, marking one of the last available plots within a major logistics development in the region. The site, currently home to a cross-dock facility built in the 1980s, will be redeveloped into a modern, multifunctional commercial and logistics complex featuring two halls with a total lettable area of approximately 47,000 square meters. Construction is slated to begin in the second quarter of 2027, with completion expected in 2028, subject to planning approvals. The new facility is designed for both single-tenant and multi-tenant use and is targeting Gold certification from the German Sustainable Building Council (DGNB). The project aims to address the ongoing shortage of premium logistics space in core locations and will benefit from excellent connectivity to major motorways and Dortmund Airport.
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