20 percent more logistics space for Industrial Campus Vienna East

From the third quarter of 2020, Austria’s largest logistics park in Enzersdorf an der Fischa will open space to the market for the first time

20 percent more logistics space for Industrial Campus Vienna East Bild: Deutsche Logistik Holding

Industrial Campus Vienna East, the largest logistics park in Austria, will create new space of around 40,000 m². The Industrial Campus Vienna East currently comprises approximately 30,000 m², which has three shared tenants since 2017. The location in Enzersdorf an der Fischa is located close to the A4 motorway and Vienna Schwechat Airport.

Renting out the new areas and halls – the part that has not yet been leased by pre-lease contracts – was comissioned exclusively to the logistics experts of CBRE. Five halls with space of 4,000 to 8,000 m² each as well as proportionate office space are for rent, all of which will be available from the third quarter of 2020.

“The new halls in the Industrial Campus Vienna East are of interest to e-commerce, retail, logistics service providers and industrial companies. They are suitable as regional distribution sites, export and import warehouses, as temperature-controlled production warehouses, but also as spare parts warehouses,” says Franz Kastner, associate director of the Industrial & Logistics Agency at CBRE.

Around 20 percent of the new space will be reserved for the market without pre-letting, a trend that has now also arrived in Austria. “In recent years, almost exclusively logistics space was built, the use of which was already established at the start of construction,” says Franz Kastner.

The expansion of the Industrial Campus Vienna East to 70,000 m² is one of the first – at least partial – logistics projects in Austria, which also keeps spaces open for the market. Similar projects are likely to follow in Upper Austria and Greater Graz – the other two important logistics locations besides Vienna in Austria. Of the approximately 350,000 m² of logistics space that will be created in Austria by the end of 2020, around 13 percent will be freely available.

The founder and owner of Industrial Campus Vienna East is Deutsche Logistik Holding, which has developed and built numerous logistics centers in Germany – Greater Frankfurt, Aachen, Nuremberg – in addition to the largest logistics park in Austria. “Austria is an exciting market for us. We feel a bit like pioneers who recognised the potential of logistics space at an early stage, which can be freely offered after construction to the logistics market,” says Christian Vogt, Managing Director of DLH Austria.

The Austrian logistics real estate market currently comprises around 5.5 million m² of total space, and the trend is rising. Franz Kastner: The importance of logistics real estate goes hand in hand with the growth of online commerce. According to Franz Kastner, around 350,000 m² of new logistics space will be created by the end of 2020.

www.cbre.at; www.dlh-realestate.com