Verdion completes major logistics letting at €120 million flagship Berlin park

Verdion has completed a major letting at Verdion PremierPark Ludwigsfelde, its flagship industrial and logistics hub close to the German capital – the largest asset in its VELF 1 fund.

JINGDONG Logistics, the logistics arm of China’s largest retailer by revenue JD.com, has taken the entirety of DC1, the park’s largest unit totalling 41,181 sq m, for immediate occupation. The state-of-the-art facility includes 34,671​ sq m of warehousing with 4,297 sq m mezzanine and 2,213 sq m of offices and welfare, all with high standards of energy efficiency and sustainability.

Verdion PremierPark Ludwigsfelde provides market-leading commercial and light production space in landscaped parkland, powered by clean energy and achieving DGNB Platinum and KfW40 design standards. It is located 35 minutes from the city centre close to Birkengrund station and the A10 ring road in the Ludwigsfelde submarket.

The €120 million park is now over 95% let with all newly-developed space taken and only one of the park’s existing units available – DC4 comprising 3,159 sq m plus 1,800 sq m of external storage. Its latest occupier joins a major global manufacturer of branded goods and global automotive businesses Brabus Automotive and BLG/Mercedes, which have taken DC2/12,134 sq m, DC5/9,158 sq m and DC3/11,001 sq m respectively.

Sebastian Achten, Leasing & Development Director at Verdion, said: “Speed and tenacity are essential when the right opportunity comes forward and we are pleased to have secured a further blue-chip occupier for the park and for our fund.

“This is a significant letting in the current market, underlining the strategic importance of this location for last mile operations and the attraction of high-quality, workforce-friendly facilities for occupiers with clear growth trajectories. It also represents a wider increase in occupier activity across our key markets, with demand increasing and assets with high energy efficiency and sustainability standards continuing to see most interest.”

Simon Walter, Executive Director – Investment Management at Verdion, said: “This is an important moment for the fund as a whole as well as being a major milestone in the in the transformation of VELF 1’s largest asset. Our value-add approach and rigorous site selection, combined with sector specialism and deep technical expertise, is yielding excellent outcomes on the ground across a range of asset sizes and locations – not only for VELF 1 but also for VELF 2 as our capital allocation continues to gather pace.”

Verdion European Logistics Fund 1 (VELF 1) reached final close in 2020 and has since deployed €310 million, successfully securing opportunities in Germany, the Netherlands, Denmark and Czechia and transforming them in line with site-specific, locally-responsive business plans. Verdion is now undertaking a phased disposal programme following the stabilisation of each asset, most recently selling a 34,852 sqm facility in Roosendaal in the Netherlands in December 2025 and a 21,600 sqm asset in Nettetal on the German-Dutch border in June of the same year.

Verdion European Logistics Fund 2 (VELF 2) closed at the end of 2024 having raised more than €300 million of equity and is now well advanced in its deployment of capital and execution of business plans for each new asset. In the first 15 months of its investment period, it has secured a brownfield site In Rastatt on the German-French border south of Karlsruhe, a former production site in northern Cologne to create a €95 million urban logistics hub, and the off-market acquisition of a value-add opportunity in the Greater Copenhagen to create a €69 million modern and flexible urban logistics facility in the city’s submarket of Brøndby.

JLL advised on the transaction.