Hamburg’s Finance Senator Dr. Peter Tschentscher, Olaf Schulz, CFO of STILL GmbH, and ECE Managing Director Dr. Andreas Mattner carried out the ground-breaking ceremony for STILL GmbH’s new logistics center in Hamburg today.
30 Million Euro Investment
Two building complexes with a total leasable area of approx. 27,000 m2 will be developed in the immediate vicinity of STILL’s head office at a site on Billbrookdeich by the spring of 2017. The project is being developed, planned and implemented by the Hamburg commercial property specialists ECE. The project’s investment volume amounts to around 30 million euros. STILL has concluded a long-term leasing contract for the logistics center, which ECE will place on the investor market.
Centrally Located Under One Roof
Flexible, innovative and close to the works – with this guiding principle the new STILL logistics center will become the hub for STILL’s future intralogistics. The main components warehouse and truck dispatch previously in decentral locations in the Billbrook industrial estate will be combined here. Through this infrastructure project STILL underlines its leading market position in the intelligent control of intralogistics material flow, and strengthens its competence for intelligently networked fabrication concepts in its own headquarters – for the benefit of its customers worldwide.
Confirmation of Hamburg as Hub of Logistics
According to ECE’s Managing Director Dr. Andreas Mattner, “STILL is an enormously important player for Hamburg. ECE is pleased that it has been able to contribute to securing the location through this customized logistics center.”