Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-

(BLH)
  Report
SummaryQuotesChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Bremer Lagerhaus-Gesellschaft AG : BLG and Panattoni plan multi-user warehouse at Bremen Freight Village

08/07/2013 | 08:56am EST

05. August 2013 14:44 Age: 2 days

Today BLG Automotive GmbH & Co. KG and project developer Panattoni Europe signed the contract for a new building project at the Bremen Freight Village (GVZ). The project involves construction of a modern multi-user warehouse with an indoor area of 28,600 square meters and another 1,600 square meters of office, staff and technical space.

By virtue of the new facility, BLG creates additional areas available for customers in the contract logistics segment. The company already manages over 200,000 square meters of logistics space at the Bremen location. "We are extremely pleased to be able to offer existing and new customers even more capacity at our home location - after all, there is plenty of demand," says Frank Sturm, Managing Director of BLG Automotive. He reckons with 200 new jobs related to the new warehouse.

According to plans, Panattoni Deutschland will build the facility and make it available to BLG as quickly as possible. "For us the logistics site in Bremen with its Freight Village is always an outstanding location for a project. We are glad we have the opportunity to develop the second logistics facility within two years," says Jason Bennett, Managing Director of the German branch of Panattoni Europe with headquarters in Munich. The project developer aims to build the new multi-user warehouse in such a way that it can be awarded the DGNB silver medal. The lease runs for ten years.

Logistics real estate consultant Logivest GmbH from Munich acted as an advisor during the contract negotiations. The law firm Watson, Farley & Williams provided Panattoni Europe with legal and tax counsel.

distributed by

ę Publicnow 2013
All news about BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-
10/14FOUNDATION STONE LAID FOR C3 BREMEN : largest continuous photovoltaic roof area
PU
09/27BREMER LAGERHAUS GESELLSCHAFT VON 18 : BLG LOGISTICS and Hyundai celebrate expansion of Do..
PU
09/09BREMER LAGERHAUS GESELLSCHAFT VON 18 : Ten years of BLG RailTec in Falkenberg
PU
09/06BREMER LAGERHAUS GESELLSCHAFT VON 18 : 10 Years of RailTec in Falkenberg
PU
07/30ADLER TEXTILE LOGISTICS : Zeitfracht chooses BLG
PU
06/24BREMER LAGERHAUS GESELLSCHAFT VON 18 : Matthias Magnor to become new Head of CONTRACT divi..
PU
06/03BREMER LAGERHAUS GESELLSCHAFT VON 18 : BLG LOGISTICS reports challenging business year at ..
PU
04/23KELHEIM : Strong location continues to grow
PU
04/212020 FINANCIAL YEAR : BLG LOGISTICS on a clear course for the future despite losses
PU
04/21Bremer Lagerhaus-Gesellschaft -Aktiengesellschaft Von 1877- Reports Earnings Results fo..
CI
More news
Financials
Sales 2020 1 065 M 1 201 M 1 201 M
Net income 2020 1,12 M 1,26 M 1,26 M
Net Debt 2020 854 M 963 M 963 M
P/E ratio 2020 41,3x
Yield 2020 0,92%
Capitalization 42,2 M 47,8 M 47,6 M
EV / Sales 2019 0,70x
EV / Sales 2020 0,84x
Nbr of Employees 11 609
Free-Float 100%
Chart BREMER LAGERHAUS-GESELLSCHAFT -AKTIENGESELLSCHAFT VON 1877-
Duration : Period :
BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- Technical Analysis Chart | BLH | DE0005261606 | MarketScreener
Income Statement Evolution
Managers and Directors
Frank Dreeke Chairman-Management Board
Jens Bieniek Chief Financial Officer
Karl-Heinz Dammann Member-Supervisory Board
Karoline Linnert Member-Supervisory Board
Patrick Wendisch Member-Supervisory Board