VIB Vermögen AG reports full occupancy for its GreenBiz Park in Erding. A long-term lease agreement for the final available building plot with an additional hotel operator ensures the utilisation of the entire project development. This development follows lease agreements already concluded in July, which included 6,600 m² of office space with a prominent IT service provider, 5,500 m² with an upscale hotel operator, and 11,000 m² of hall space. The newly added hotel operator secures an additional 2,960 m² at the location.
Construction for the four recently allocated projects is slated to commence in the first quarter of 2027. Completion of the commercial hall is expected by the end of 2027, while the three other buildings are scheduled for completion by mid-2028. The successful conclusion of the initial letting ensures the targeted overall completion of GreenBiz Park by the end of 2028.
The GreenBiz Park site covers an area of 215,000 m² and includes, across five building plots, four commercial halls in addition to three buildings for office and hotel use. Three commercial halls with a total area of 55,400 m² are already leased and completed. The first commercial property in GreenBiz Park was completed in December 2024. For all buildings within GreenBiz Park, VIB Vermögen AG aims for certification according to the Gold Standard of the German Sustainable Building Council (DGNB).
Marc Domnick, Head of Project Development at VIB Vermögen AG, highlighted that the intensive negotiations of the past six months led to the desired success of the overall project. He emphasised that this confirms the trust of the city of Erding in the joint realisation of such a venture with VIB Vermögen AG as the project developer.
Nicolai Greiner, Management Board member of VIB Vermögen AG, noted that the letting of the entire GreenBiz Park was not speculative but carried out as a built-to-suit solution and within a reasonable timeframe, despite current economic challenges. This underscores the significant potential of the location. GreenBiz Park is strategically located in western Erding and boasts excellent connections to various motorways. Via the airport expressway, the A 94 towards Munich and Passau, and the A 92 towards Munich and Deggendorf are quickly and seamlessly accessible. Munich Airport can be reached within approximately 15 minutes by car. Erding S-Bahn station, with regular connections to and from Munich city centre, is just a few minutes away.
- —Project area: 215,000 m² at GreenBiz Park Erding
- —New lease agreement: 2,960 m² with a hotel operator
- —Planned completion of the overall project: End of 2028
- —Certification standard: DGNB Gold aimed for all buildings
