NEWS
Full letting of “Mach2” in Hamburg: Picnic GmbH secures remaining space

Project developer Four Parx, Dreieich, which specialises in industrial space, communicates the complete letting of the first double-storey industrial and logistics real estate “Mach2” in Hamburg. Four Parx awards the last vacant space to the online food retailer Picnic GmbH.
Picnic is the last of four companies to take up residence in the building, which has a total of 123,000 m² of floor space. Previously, aircraft manufacturer Airbus rented the entire ground floor. On the second level, the furnishing company JYSK and the system and operations IT provider Bechtle Logistik und Service GmbH already secured space.
The complete rental area for Picnic is 15,240 m². Of this, 13,528 m² is warehouse space, 1,490 m² mezzanine, 222 m² office and social space. In addition, there are 23 parking spaces. The upper floor can be reached via two heatable ramps for trucks with a load of up to 45 t. For this purpose, the facility has electro-hydraulic dock levellers.
Picnic intends to use the usable space mainly for storage and logistics activities. Up to 200 jobs are to be created in the central warehouse.
The online supermarket Picnic sets new standards for grocery shopping. In North Rhine-Westphalia, over 450,000 households in 63 cities buy their groceries from Picnic. With the modern milkman concept, Picnic developed an efficient and sustainable food supply chain that helps to reduce waste, traffic and emissions in cities. Like the milkman in the past, Picnic delivers to each street only once a day with its electric vans. This allows a very efficient last mile. The purchases are packed in the fulfilment centre and brought directly to the customers. Picnic thus saves on expensive shops and can therefore offer the groceries at supermarket prices and without delivery charges.
Frederic Knaudt from Picnic’s founding team in Germany emphasises: “Moving into the innovative ‘Mach2’ centre is an important milestone for us as we start our expansion in Northern Germany from here. We will supply thousands of families in Hamburg and the surrounding area with fresh food every day. The people involved in the project did a great job with the property. We are looking forward to further cooperation.”
Together with the investment and asset manager AEW and the construction company GSE Deutschland, Four Parx developed “Mach2”, the first multi-storey industrial and logistics real estate in the DACH region. It has two equal levels, thus offering a convincing concept for conurbations with a pronounced shortage of space. Four Parx realised the project after an elaborate approval process on the former production site of the beverage manufacturer Refresco in an optimally connected location and in the immediate vicinity of the Port of Hamburg.
“Dealing with the critical shortage of space nationwide is one of the most urgent issues for metropolises like Hamburg. ‘Mach2’ is thus an innovative solution for conurbations and can now serve as a reference for contemporary and demand-driven space concepts,” comments Thomas Poulis-Leinberger, Executive Director, Head of Asset Management & Development Logistics at AEW.
Oliver Schmitt, managing partner of the Four Parx Group, explains: “Together with our partners and the Hamburg authorities, we did pioneer work in many respects with ‘Mach2’. The complete letting of the property to companies from different sectors makes us proud. These results confirm our vision for efficient space development and sustainable construction.”
During the realisation of the project, which AEW, GSE Germany and Four Parx had launched without pre-letting, they were confronted with a variety of unforeseen obstacles. These included the occurrence of strata water, structural issues with the foundation work in the harbour environment and the discovery of explosive ordnance. In order to achieve an attractive façade to match the cityscape, Four Parx held an architectural competition. The building is certified “Excellent” according to BREEAM (Building Research Establishment Environmantal Assesment Method).