Frasers Property Industrial has signed a long-term lease agreement with JW Fulfilment DUS GmbH, a provider of fulfilment and logistics solutions for international online retail, at the FlexCity industrial and commercial park in Mülheim an der Ruhr. The park is located on the former Siemens TechnoPark site. JW Fulfilment, an internationally active logistics service provider with its headquarters in China, is expanding its presence in the European market with this tenancy. The company has over 500,000 square metres of warehouse space globally in countries such as China, the USA, Canada, Germany, the UK, and Mexico.
JW Fulfilment will occupy an area of 15,700 square metres in FlexCity. This expansion is intended to strengthen the company's fulfilment capacities, enable the servicing of a wider range of customer and product requirements, and support future growth. Mülheim an der Ruhr's location, between the region's main economic centres, positions the site as attractive for industrial, production, and logistics companies.
Background and Strategic Importance
FlexCity's facilities, which comply with WHG (German Water Resources Act) standards, allow for the storage of a diverse range of products. This includes battery-powered items as well as products with special storage requirements. JW Fulfilment is the first tenant of the newly constructed areas in FlexCity, representing an important milestone for the development of the entire site.
Alexander Heubes, Managing Director Europe at Frasers Property Industrial, stated that the swift acquisition of JW Fulfilment as the first tenant after completion of the areas underlines the demand for modern and sustainable logistics space in one of Germany's most significant industrial and logistics markets. Furthermore, this is a sign of confidence in the German market and proof of the commitment of Chinese companies in Europe. They cooperated closely with the JW Fulfilment team to create a solution that meets the company's operational requirements. FlexCity is a future-proof location that fulfils the requirements of leading logistics companies and strengthens the Ruhr region's role as a logistics hub. The interest shown by companies confirms this approach.
Ning Dong, Managing Director of JW Fulfilment DUS GmbH, explained that the decision for FlexCity in Mülheim is a strategic step for the company. The modern spaces and transport links provide the basis for growth plans and the efficient provision of e-commerce fulfilment services. He looks forward to a long-term partnership with the Frasers Property Industrial team and intends to expand Mülheim as part of the European network. Currently, approximately 8,500 square metres of additional space are still available as part of the new development. The units can be flexibly divided from a size of about 3,500 square metres.
