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CBRE advises UPM on sale of 52-hectare brownfield to bayernhafen

Foto von Adrian Sulyok auf Unsplash
Foto von Adrian Sulyok auf Unsplash

Global real estate services provider CBRE has advised Finnish paper group UPM on the sale of a 52-hectare plot of land in Plattling in the district of Deggendorf. The buyer is Bayernhafen, a holding company of the Free State of Bavaria. The purchase price was not disclosed. So far, there is a paper mill on the site, which will be closed at the end of 2023 and consists of various buildings built between 1982 and 2007. In the future, a bimodal logistics and industrial park for a large number of companies is to be built on the site. The site at Nicolausstraße 7 has its own rail connection and can be reached without traffic lights in less than five minutes (three kilometres) from the A92 Plattling-West junction.

“We are very pleased to have successfully completed the sale of the 520,000 square meter property. In the future, a modern industrial area is to be created here, partially incorporating the existing buildings, which will offer settlement options for a wide variety of companies due to its extraordinary scope and bimodal connections,” says Maximilian Sänger, Senior Director & Team Leader Munich Industrial & Logistics Leasing at CBRE.

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