Valad Europe invests €1.5 mln in refurbishment of Duisburg asset

Valad Europe announces that Greiwing, the leading European silo logistics company, has signed a lease on 13,300 m² of warehouse and 400 m² of office space at Hochstraße 150–152, Duisburg in Germany. The agreement includes a comprehensive €1.5 million investment by Valad to refurbish the warehouse space, tailoring it to meet the modern day requirements of Greiwing’s specialist logistics business. Both Valad and Greiwing were advised by Realogis, the specialist real estate consulting firm.

Greiwing will take advantage of the newly refurbished space at Hochstraße 150–152 and the buildings’ strategically important location, in the industrial zone of Duisburg, to grow its bulk logistics operations in the Lower Rhein-Ruhr area.