Launch of new development of 20,000 m² at Flexport City
Liege Airport has drawn up an ambitious masterplan for the development of the northern zone at the airport. In that respect, Montea has concluded a building lease contract with the landowner Sowaer, for the development of a plot of land of more than 51,000 m,² situated at the entrance of Flexport City, right next to the new logistics processing buildings.
Montea will ultimately develop a total of ca. 20,000 m² of warehouse units and related offices on this site and in so doing provide concrete support for the further growth of the airport. The total investment for phases 1, 2 and 3 will amount to € 15 million.
The construction of the first and second phase, ca. 12,200 m², will start in the coming days, as a long-term lease has already been signed with Malysse-Sterima. Montea will actually construct a hypermodern distribution centre of 4,700 m² storage space with 500 m² of offices for Malysse-Sterima. Medical kits will be sterilized in the building and will be prepared for dispatching to European hospitals. This means a new strategic “medical care” specialist for the airport.
The company will invest ca. € 4 million itself in various facilities for the packaging of the goods.
The remaining 7,000 m² of phase 2 can be delivered within a year of the signing of the lease. Talks with candidate tenants are in full swing.
Luc Partoune, CEO of Liege Airport explains: “This first development at the new Flexport City zone is a significant step towards the further development of our round-the-clock cargo airport. In addition to our own recently announced investments, this brings the total warehousing area to be developed in the short term to 35,000m².”
Luc Vuylsteke, CEO of SOWAER, which owns the land, confirms: “The development of our plots of land has accelerated the current market dynamics in air cargo, at Liege Airport in particular. More logistics companies can now consolidate and/or organize order fulfilment, which is an enormous boost for us to continue to develop new plots of land in the near future.”
Jo De Wolf, CEO of Montea: “Our experience of long standing in airport real estate enables us to anticipate the needs of contemporary freight forwarding and logistics companies, and we are committed to the sustainable establishment of logistics suppliers at the airport. Montea moreover has the required financial resources to be able to carry out the aforementioned operation rapidly. This first phase is a step towards the development of a fully integrated logistics park at a strategic location.”
