Nova Ambiente assists Palmira Development on the acquisition of an Industrial Park in Heidelberg

Palmira Development announces the acquisition of a 36,000 sq ft site for funds managed by Blackstone together with Quincap Investment Partners. The 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐏𝐚𝐫𝐤 𝐇𝐞𝐢𝐝𝐞𝐥𝐛𝐞𝐫𝐠 will be fully developed for the purchaser.

The multifunctional 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐏𝐚𝐫𝐤 𝐇𝐞𝐢𝐝𝐞𝐥𝐛𝐞𝐫𝐠 offers around 20,000m² of lettable space with five buildings for use as production, processing, research & development and laboratory space. The new owners are aiming for DGNB Gold certification by eliminating the use of fossil fuels, pre-installing a PV system, promoting biodiversity and many other measures.

The 𝐌𝐞𝐭𝐫𝐨𝐩𝐨𝐥𝐫𝐞𝐠𝐢𝐨𝐧 𝐑𝐡𝐞𝐢𝐧-𝐍𝐞𝐜𝐤𝐚𝐫, around the border triangle of Baden-Württemberg, Rhineland-Palatinate and Hesse, is one of the strongest economic regions in Germany and is characterised above all by its promising mix of industries. In particular, the proximity to renowned universities, research institutes and a dynamic SME sector, creates an ideal environment for companies focused on innovation and growth.

Palmira was supported by Ambiente Deutschland GmbH