Scannell acquires 34,250 sq m multimodal logistics platform for sustainable redevelopment at the Port of Strasbourg

Scannell acquires 34,250 sq m multimodal logistics platform for sustainable redevelopment at the Port of Strasbourg

Scannell Properties continues its sustainable growth strategy in France, redeveloping brownfield sites or renovating old buildings, with the acquisition of a 34,250 sq m multimodal logistics platform at the Port of Strasbourg in eastern France.

The Port of Strasbourg is France’s second largest river port and provides an ideal location for cross-border, multimodal and ecologically-responsible logistics operations.  Situated 1km from the A35 motorway, 1km from the German border and with direct access to key rail and river transport networks, which connect to major maritime hubs including Antwerp, Rotterdam, Marseille and Le Havre, the port is a major international gateway.

The logistics platform is currently occupied by Auchan Retail Logistique who will continue to operate from the building until the end of 2024.  At this time, Scannell will begin work to convert the building into an energy efficient, flexible, Class A warehouse.    The works will focus on a number of new initiatives designed to reduce the building's energy consumption by around 20-25%, including:

  • The installation of LEDs for more efficient lighting
  • The implementation of a BMS (Building Management System) to optimise the efficiency of electrical and heating installations, and
  • improvements to the building's insulation to reduce heat loss.

Further improvements will include measures to reduce water consumption, new waste recycling facilities, bicycle shelters and rest areas. Once the works have been completed in the 2nd quarter of 2025, the logistics platform will be able to obtain BREEAM In Use certification, recognising its new, improved energy performance and lower carbon footprint.

Sitting on a 9.1 hectare site, there is also the potential to extend the current 34,250 sq m building by a further 13,700 sq m, which would  increase the total available space to 47,970 sq m that can then be adapted to provide up to seven units. Scannell Properties is currently applying for the necessary administrative authorisations.

"This is an ideal acquisition for us, one which fits perfectly with our strategy of renovating existing property stock, with a focus on brownfield redevelopment. The site ticks all the boxes that are important to us and our clients: a strategic location at the Port of Strasbourg, a railway junction for multimodal logistics activities, refurbishment with environmental certification and no agricultural land being developed. I would like to extend my warmest thanks to the Port of Strasbourg for its invaluable support throughout the administrative process," says Hugues Desbarrières, Directeur Général Adjoint, France of Scannell Properties.

Scannell Properties was advised on the acquisition by Cushman & Wakefield.