SQUARE PARKS is looking for further plots for the development of urban new business parks
SQUARE PARKS is further expanding its activities in the field of urban commercial and craft parks. Following the successful establishment of the business model, the company is looking for further properties with development potential or existing properties with short lease terms at selected locations in Germany. The aim is to develop further business parks and implement flexibly usable and ESG-compliant light industrial areas.
“Our business model has arrived in the market. At our locations throughout the DACH region, we are seeing a consistently high demand for modern commercial space. From our point of view, the decisive factor is the combination of urban locations with good infrastructure connections and the possibility of flexibly renting even small-scale areas and adapting them individually to changing requirements. Especially in an economically uncertain environment, this flexibility is an important criterion for many companies. We do not see this as a short-term trend, but as a structural shift in the demand for space. Therefore, we are continuing our growth course and want to expand our concept to other German metropolitan and growth regions,” says Henning Nietz, Managing Director of SQUARE PARKS.
SQUARE PARKS develops commercial and artisan parks with flexible, divisible units for small and medium-sized enterprises, craft businesses, manufacturing industry, last-mile logistics, service providers and start-ups. The space can be rented separately or combined with each other, depending on requirements. In addition to the project development, SQUARE PARKS optionally takes over the asset, property and rental management of the completed properties.
Top 7 cities and their metropolitan regions
The focus of the acquisition profile is on the top 7 cities and their metropolitan regions. Urban locations, locations with good connections to motorways and areas within established commercial and industrial clusters are sought.
For the development of new light industrial and commercial parks, plots of land in commercial and industrial areas with a size of 10,000 to 40,000 square metres are being considered. SQUARE PARKS examines brownfields and greenfields as well as conversion areas. The prerequisite is a designation as building land or a reliable perspective on the creation of building rights.
Integrated concept for users and investors
The SQUARE PARKS concept combines flexible floor plans, modern ESG requirements and a high level of third-party usability with an integrated management approach. By renting to different user groups, the cash flow is distributed across several industries and companies. The close integration of letting, asset and property management makes it possible to adapt users’ space requirements to changing needs, to identify expansion requests at an early stage and to reduce vacancies in a targeted manner.
SQUARE PARKS builds on the more than 100 years of experience and operational capacities of the ADOLF WEBER Group in project development, leasing and real estate management.
