Fraport AG and Swissport signed a long-term lease agreement for a new air cargo facility in CargoCity South at Frankfurt Airport (FRA). Fraport is developing a new custom-built air cargo warehouse for Swissport at CargoCity South. The facility will have a surface of 16,900 square meters, with an additional 2,200 square meters to be used as office and social space. Swissport International Ltd., a world market leader in ground handling, is also one of the world’s largest air cargo handling companies, operating 133 warehouses around the globe.
The attractive new warehouse will be optimally tailored to the requirements of modern air cargo handling. Built in line with the latest industry standards, the facility will be designed for flexible use. Construction is scheduled to begin in 2019. The completion and handover to Swissport Cargo Services Deutschland GmbH is planned for the beginning of the third quarter of 2020.
“Thanks to the excellent location in CargoCity South and a flexible design, this new warehouse will allow Swissport to meet and continually optimize air freight handling requirements. Therefore, the innovative facility will provide Swissport with long-term growth opportunities at Frankfurt Airport,” explained Christian Balletshofer, senior VP of real estate at Fraport AG.
Willy Ruf, senior VP of Swissport Germany, Austria & Switzerland, said: “Swissport is committing a double-digit million euro amount towards the new facility at Frankfurt. Infrastructure plays a key role in optimizing our service delivery and reaching the ambitious efficiency and reliability goals for our clients around the world.”
Frankfurt Airport’s CargoCity South is an internationally renowned freight location and is recognized as a world-class example of how to develop a successful logistics hub. The cargo and logistics industry, including the leading global players, have become established at the 98-hectare CargoCity South. Comprising some 200 companies and authorities with more than 9,000 specialists, the CargoCity South logistics community can take advantage of more than 300 flight destinations worldwide via the Frankfurt Airport aviation hub. On the ground, FRA is also well connected via the Frankfurter Kreuz, Europe’s most important motorway junction, to extensive road networks throughout Europe. FRA also boasts excellent rail connections.
