Wednesday, 6 May 2026
Takko Fashion has signed a lease for almost 60,000 sqm at a logistics development owned by Garbe Industrial in Salzgitter, Lower Saxony, with the agreement completed while construction of the scheme is still underway.
The facility will support the retailer’s store distribution network and the continued expansion of its online business operations.
The logistics development is being delivered on a site of almost 200,000 sqm in Salzgitter-Heerte, acquired by Garbe Industrial together with joint venture partner BlackRock. The site was previously used for gypsum fibreboard production between 1971 and 2003.
According to Garbe Industrial, the former industrial buildings were dismantled, demolition materials recycled and the land remediated before construction of two logistics properties with a combined area of approximately 71,000 sqm. The total investment volume amounts to around €80 million.
“The fact that the building has been almost fully let even before its completion shows that we got everything right with our forward-looking approach to the project: even in challenging economic times, it is worth investing in future-oriented developments if the location is attractive and the property is of high quality,” said Luisa Elfendahl, Regional Manager for Central Germany in Project Development at Garbe Industrial.
Takko Fashion has leased the larger of the two units, which includes approximately 52,600 sqm of warehouse space, 3,600 sqm of mezzanine storage and 3,100 sqm of office and social areas. The building also includes a 4,000 sqm canopy designed for side unloading of trucks.
The second hall unit, offering around 10,000 sqm of warehouse space and approximately 400 sqm of office and social space, remains available for lease.
“To expand and to consolidate our logistics capacity, we were looking for a single, contiguous warehouse space of between 50,000 and 60,000 square metres,” said Timo Esleben, Director Supply Chain & Logistik at Takko Fashion.
“The new building in Salzgitter meets our requirements exactly. It will make a decisive contribution to the consistent implementation of our growth strategy,” he added.
The property is located close to the A39 motorway, providing connections to Brunswick, Wolfsburg and the A2 and A7 motorway corridors.
Both logistics buildings are being developed to the BEG 40 energy efficiency standard and are prepared for the future installation of photovoltaic systems. Garbe Industrial is targeting DGNB Gold certification for the development.
BNP Paribas Real Estate acted as advisor in the leasing transaction.
Igor Kuzminsky, Head of Real Estate Asset Management at BlackRock Germany & Netherlands, said: “Our goal was to create a high-quality, rare product for long-term tenants with the future-oriented development of a 70,000-square-meter logistics property. The industrial location of Salzgitter impresses with its excellent infrastructure, strong demand base, and stable tenant market. In this way, we offer our clients access to a resilient, future-proof investment.”
