After a construction period of around seven months, Goodman has completed a new logistics centre in Star Park Halle for the leading online home and living company home24. For home24, the 70,000 sqm logistics property is the largest facility in the company's history in Germany. home24 chose to locate in Halle due to its excellent traffic infrastructure.

The property in Star Park Halle is the third one Goodman has developed for home24, having also developed logistics facilities in Ludwigsfelde near Berlin and Walsrode (Lower Saxony). The 70,000 sqm logistics facility, which was constructed on a 133,000 sqm site, is Germany's largest logistics centre for home24.

home24 is the leading pure-play home & living e-commerce platform in mainland Europe and Brazil. It has an extensive range of more than 100,000 products includes furniture and furnishings for home interiors and the garden. In Europe, the company delivers its products – regardless of size and weight – free of charge to its customers' homes and offers free returns. More than 1,000 employees worldwide work for the Berlin-based company.

Christoph Cordes, Co-CEO at home24, says: "The new logistics centre in Halle allows us to organise the storage and delivery of our products even more efficiently. We have thus created an important platform for achieving sustained high levels of growth and strengthening our market position. On behalf of the entire Executive Board, I would like to thank all those involved for their great cooperation in the implementation of the project and for their constructive support.”

Special class logistics hotspot

Thanks to its excellent infrastructure the location in Halle impresses with a direct motorway connection to the A 14. With its proximity to the second largest German freight airport – Leipzig/Halle – and an excellent connection to the railway network, the region is linked to central traffic routes for the multimodal transportation of goods. Goodman has been active in this location for many years. In 2015, the Group developed a logistics property of around 28,000 sqm for eBay Enterprise. In 2016, Goodman then followed up with a 22,000 sqm logistics centre for Hellmann Worldwide Logistics followed. Since Goodman has added this to the portfolio, the company covers over 400,000 sqm of modern space under management in one of Germany’s most important logistics regions.

Markus Meyer, Head of Northern Germany at Goodman, explains: "The first-class infrastructure and the location of Star Park Halle contribute to promoting national and international business activities. For this reason, the Halle location with its proximity to Leipzig plays an ever-more important role for companies operating throughout Europe. This is just one of the reasons we've been investing in this region for such a long time and we have further development projects planned for this region.”

Logistics centre in Star Park Halle completed: Goodman delivers over 70,000 sqm to home24 Largest property in the company's history

(f.l.) Dr. Bernd Wiegand (Oberbürgermeister der Stadt Halle), Hubertus Mikliss (Vice President Warehousing, home24 SE), Markus Meyer (Head of Northern Germany, Goodman Germany), Christoph Cordes (Co-CEO home24 SE)

Reports and announcements

Investor information and financials

Goodman New Zealand (GNZ)

Americas

Asia Pacific

Europe

Strategy

Goodman Foundation

Reporting

Who we are

Latest trends

Get in touch

6.4GW

0.7GW

0.4GW

Reports and announcements

Investor information and financials

Goodman New Zealand (GNZ)

Americas

Asia Pacific

Europe

Strategy

Goodman Foundation

Reporting

$87.1bn

6.4GW

15

Who we are

Latest trends

Get in touch

Investor centre

Workspace

Logistics centre in Star Park Halle completed: Goodman delivers over 70,000 sqm to home24

Our properties

Our customers

Investor Centre

About Goodman

Investment Management

Sustainability