Verdion has fully leased its 11,872m² Leipzig warehouse—completing the speculative development phase of its €310 million Verdion European Logistics Fund 1 (VELF 1), launched in September 2020. The asset, certified to DGNB Gold, was acquired on a 40,000m² site in 2021 and now hosts a major textile service provider. An adjacent 8,500m² building is occupied by overnight express provider nox. Located between the A9 and A38 motorways near Leipzig/Halle Airport, the site exemplifies demand for sustainable, well-connected urban logistics infrastructure across Northern Europe.
According to www.logisticsmanager.com, Verdion has fully let its 11,872m² speculative warehouse in Leipzig—marking the completion of the leasing programme for its Verdion European Logistics Fund 1 (VELF 1).
Fund execution and asset delivery
The VELF 1 fund reached its final close in September 2020 with approximately €310 million (c. £299 million) committed capital. Verdion acquired the underlying 40,000m² site in Leipzig’s Lützen-Zorbau area in 2021. The fund targets urban logistics and industrial assets across Northern Europe—including Germany, the Netherlands, and the Nordics.
The completed Leipzig facility comprises 10,018m² of warehousing space, a 1,222m² mezzanine level, and is certified to the DGNB Gold sustainability standard. A major textile service provider has secured a long-term lease for the entire building.
Adjacent occupancy and strategic location
A separate, adjacent building on the same site—measuring 8,500m²—is occupied by overnight express service provider nox. The asset sits in the Lützen-Zorbau area southwest of Leipzig city centre, positioned between the A9 and A38 motorways and within proximity to the A14 and Leipzig/Halle Airport.
This location enables multimodal connectivity critical for time-sensitive logistics operations across Central Europe. The dual-occupancy configuration—textile services in the main warehouse and express delivery in the adjacent building—reflects growing demand for integrated, high-specification urban logistics infrastructure near major transport corridors.
Strategic milestones and investor value
Oliver Kemper, Head of Investment for Germany at Verdion, stated:
“The full leasing of all VELF 1 speculative development is a further important milestone in the execution of our fund strategy: acquiring, transforming, leasing and stabilising high-quality logistics assets ahead of the phased disposals that are delivering value for the fund’s investors. By creating assets that meet the evolving requirements of both occupiers and institutional capital, we are generating value throughout the investment lifecycle as well as attracting strong interest as each property is brought to market.” — Oliver Kemper, Head of Investment for Germany, Verdion
The leasing achievement validates Verdion’s “acquire–transform–lease–stabilise–dispose” model, which prioritises asset quality, ESG compliance, and occupier alignment. With VELF 1 now fully leased, Verdion shifts focus toward phased exits—consistent with its commitment to deliver returns to investors who backed the €310 million fund.
Industry observers note that Verdion’s approach mirrors broader trends among European logistics investors, including Blackstone’s recent €1.2 billion acquisition of German logistics assets and Prologis’ €760 million portfolio purchase in the Netherlands—all targeting Grade-A, sustainability-certified warehouses near Tier-1 cities and airports.
Source: logisticsmanager.com
Compiled from international media by the SCI.AI editorial team.
