The real estate investor EQT Real Estate has acquired the approximately 36,000 square metre site “Am Schlachthof 4a” in Gelsenkirchen. The seller was the company Westfleisch, which had previously operated the site as an owner-occupier. Colliers acted as an intermediary in the transaction.
With this acquisition, EQT Real Estate secures a central brownfield site in the Ruhr area with excellent connections and will develop a modern logistics property there in the future. The previous slaughterhouse operation was relocated from Westfleisch to another location, so that the site in Gelsenkirchen was no longer used.
“The project underlines our strategy to transform brownfield industrial sites into value-adding, sustainable real estate projects. With the construction of a new logistics property, we are not only creating modern capacities, but also making a contribution to the revitalization of the Gelsenkirchen location,” says Bernhard Scheer, Senior Director Investment & Leasing at EQT Real Estate.
With the project in Gelsenkirchen, EQT Real Estate is consistently driving forward the strategic expansion of its European logistics portfolio.
“With the sale of the former slaughterhouse to EQT Real Estate, a sustainable succession solution for the site could be found. The project strengthens the local economy and sends an important signal for the further development of Gelsenkirchen as a location,” adds Martin Kubitza, Head of I&L NRW at Colliers.
