On an existing site in Gersthofen, which boasts excellent infrastructure links, a property is being developed that, following completion, will boast rentable warehouse and office space measuring some 7,500 square metres. The rental agreement, which covers both warehouse space and undeveloped space, has – as usual – been concluded on a long-term basis. Amazon will use the facility as a delivery station for the Augsburg region. VIB Vermögen AG expects that the site will be completed in summer 2020, on time and on budget.
“With the project in Gersthofen, we are responding to demand for creative e-commerce solutions in Germany. We are delighted to be able to send a positive signal of continuity in the turbulent times of the coronavirus crisis,” says Martin Pfandzelter, Chief Executive Officer of VIB Vermögen AG.