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Deals 26 Aug 2024 · Germany

CMS advises Scannell Properties on development of refrigerated warehouse for food retailer Lidl

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Düsseldorf, 26.08.2024 – International property developer Scannell Properties is constructing a refrigerated warehouse for supermarket chain Lidl. The new-build project is being developed in the Bavarian town of Hollfeld, on a 58,000 square metre site that Scannell Properties acquired for this purpose. The new warehouse in the Hollfeld Nord industrial estate will provide around 12,000 square metres of space for interim storage and distribution of goods to Lidl’s supply centres within Germany. Construction work is scheduled to start by the beginning of 2025, with commissioning expected in January 2026. The refrigerated goods warehouse will be let to Lidl on a long-term lease.

A CMS team headed by partner Philipp Schönnenbeck advised Scannell Properties on all legal aspects of the transaction. CMS teams headed by lead partner Philipp Schönnenbeck regularly advise Scannell Properties, with a recent example being the sale of a logistics property in the industrial park in Kitzingen (Bavaria).

CMS Germany

Philipp Schönnenbeck, Lead Partner
Dr Franz Maurer, Counsel
Maike Füchtmann, Senior Associate
Nicole Köppen, Senior Associate
Benedikt Esser, Senior Associate
Martin Krause, Partner
Dr Christian Scherer, Partner, all Real Estate & Public

Press Contact
presse@cms-hs.com

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