Fraport News - March 2009

Company Fraport AG
Date 27.03.2009

Expeditors International GmbH, a leading international airfreight company, held the foundation-stone ceremony on March 26 for its new German headquarters to be built at the Mönchhof logistics park near Frankfurt Airport (FRA).

The construction site is located on Tiber Strasse within Fraport's new 110 hectare Mönchhof development area – the single largest remaining commercial development site in the entire Frankfurt/Rhine-Main region.  The Expeditors complex will include a 2,700 square meter office building for sales and administration, plus a 4,000 square meter logistics hall for handling airfreight and for distributing products and goods.    This joint project is being implemented by MP Holding GmbH and Fraport Immobilienservice und -entwicklungs GmbH & Co. KG, a wholly-owned subsidiary of Fraport AG. 

The company was considering to relocate its headquarters to Mönchhof during the middle of last year and was quickly convinced of the site's advantages.  The lease-hold agreement for the construction site was signed in December 2008.  Scheduled to be completed by the end of 2009, the headquarters complex will house more than 100 commercial and operational employees.

Because of its excellent strategic location along the Main River and near FRA's future Runway Northwest, the Mönchhof development area has been unaffected by the current global financial crisis.  Indeed, additional projects at Mönchhof are expected to move forward soon.  For example, MP Holding GmbH is planning a prototype "Multi Park" –a new and innovative mixture of exhibition, service, office and storage space designed specifically to give small and medium-size companies an opportunity to establish at FRA's attractive Mönchhof logistics area.  Multi Park will be offering tenants space starting at as small as 300 square meters.

Contact

Fraport
Frankfurt Airport
Services Worldwide
60547 Frankfurt / Main
Germany
  • +49 1806 372-4636