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Full occupancy at Frasers Park Egelsbach: e-commerce tenants move into sustainable logistics park

  • Full-serviceonline marketplace provider onQuality Deutschland GmbH has occupied approx. 10,533 square meters at Frasers Park Egelsbach
  • Online children's and baby accessories retailer kyddo GmbH has leased approximately 9,588 square meters of warehouse space
  • Frasers Park Egelsbach meets high sustainability standards and has excellent infrastructure connections

COLOGNE, 16 AUGUST 2021

Frasers Property Industrial announced that it has fully leased out its warehouse and logistics space at Frasers Park Egelsbach in South Hesse, Germany.

The full-service provider for online shop interfaces, logistics fulfilment and shipping onQuality Deutschland GmbH has leased over 10,500 square meters, and in August, online store kyddo GmbH, which specialises in children's and baby accessories, moved into a warehouse of approximately 7,840 square meters and 780 square meters office space. Online wholesaler TB International GmbH leased approximately 9,600 square meters of warehouse space in June 2021.

Alexander Heubes, Managing Director Europe at Frasers Property Industrial, welcomes the new tenants to Frasers Park Egelsbach.

"The location has excellent transport links and offers attractive advantages to tenants from the e-commerce sector, including flexibility of space and leading sustainability features."

"We are pleased that, in close co-operation with the municipality, we can add value for our customers as well as the local community, especially through the implementation of sustainability measures that will have a positive impact on the eco-balance and biodiversity of the area.

"The successful leasing of Frasers Park Egelsbach is a significant achievement for our European portfolio," said Mr Heubes.

As part of the construction work, an adjacent stream was renaturalised, and the preservation of plant protection zones was ensured at Frasers Park Egelsbach. In addition, Frasers Property Industrial established a 5,000-square-metre lizard habitat and settled bee colonies on the site. Contributing to the sustainability initiatives are the photovoltaic systems on the roof. The development will run on electricity generated from renewable energy in the future and can thus be operated carbon neutral. By further incorporating green electricity into the electricity mix, the whole lifecycle of Frasers Park Egelsbach can be considered carbon neutral, based on a use period of 17 years. Fraser Park Egelsbach has achieved a German Council for Sustainable Building (DGNB) Gold certification.

Frasers Park Egelsbach also enjoys an excellent position in the economically strong Rhine-Ruhr region. The cities of Frankfurt am Main, Wiesbaden, Darmstadt and Offenbach can be reached in 30 minutes via the A5 and A661 freeways and the connection to the A3. To improve traffic flow onsite, Frasers Property Industrial installed a new roundabout at the entrance to the property.

Tobias Wilbrand, Mayor of the municipality of Egelsbach, is pleased for Frasers Park Egelsbach: "From the municipality's point of view, Frasers Park Egelsbach is a successful example of how logistics developments can be implemented with a good concept and intelligent solutions in the interests of nature and the local population. The fact that the development has been successful has a lot to do with the good relationship with

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the developer and the municipality. The municipality of Egelsbach thanks Frasers Property Industrial for the willingness to invest sustainably. Frasers Park Egelsbach is another step that contributes to securing the future viability of Egelsbach as a business location. We are now particularly pleased about the industrial park's goal of generating its own energy as far as possible with the help of green technology."

Martin Lahr, Managing Director at onQuality Deutschland GmbH, emphasises the collaborative partnership: "As a company in the fast-growinge-commerce sector, the rapid availability of flexible warehouse and logistics space in an infrastructurally favourable location was an important decision for us. Thanks to Frasers Property Industrial, we will be able to offer even better services to our customers in the future."

Christian Schwarzott, Managing Director at kyddo GmbH, comments on moving into the space in Egelsbach: "We strongly value the high sustainability standards that Frasers Park Egelsbach meets, which corresponds with our philosophy and aspirations as a family-run concept store with a wide range of premium products for children and babies. Our customers in Germany will benefit from the excellent delivery options enabled by the new location."

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About Frasers Property Industrial

Frasers Property Industrial is a strategic business unit of SGX-listed Frasers Property Limited (together with its subsidiaries, the "Group"), a multi-national company that owns, develops, and manages a diverse and integrated property portfolio with total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property Industrial owns and manages industrial and logistics properties in Australia and Europe, and its portfolio includes logistics facilities, warehouses and production facilities in strategic locations. Frasers Property Industrial has approximately S$9.5 billion of assets under management as at 31 March 2021 with integrated development, asset management and third-party capital management capabilities across the Group's industrial and logistics markets in Australia, Germany, the Netherlands and Austria.

In addition, Frasers Property Industrial provides property management services to Frasers Logistics & Commercial Trust ("FLCT"), a SGX-listed REIT sponsored by the Group and managed by Frasers Logistics & Commercial Asset Management Pte. Ltd. Frasers Property Industrial provides property management services to a portfolio of logistics and industrial properties owned by FLCT, concentrated within major industrial and logistics markets in Australia, Germany and the Netherlands.

For more information on Frasers Property Industrial, please visit FrasersPropertyIndustrial.comor follow us on LinkedIn.

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$39.2 billion as at 31 March 2021.

Frasers Property's multi-national businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia,

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Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGXST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It has committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

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Frasers Property Limited published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 09:31:05 UTC.