Swiss aviation services company Swissport International has signed a long-term lease agreement with airport operator Fraport to build a new air cargo facility at CargoCity South freight, located at Frankfurt Airport, Germany.
The 16,000m2 warehouse is set to be accompanied by an additional 2,260m2 of office and social space.
It is scheduled to begin construction next year and is expected to be handed over to Swissport’s division Cargo Services Deutschland in the third quarter of 2020.
Swissport Germany, Austria & Switzerland senior vice-president Willy Ruf said: “Swissport is committing a double-digit million Euro amount towards the new facility at Frankfurt Airport.
“Infrastructure plays a key role in optimising our service delivery and reaching the ambitious efficiency and reliability goals for our clients around the world.”
The new facility will be designed to meet the modern air cargo handling requirements and is expected to allow Swissport to boost its growth at the airport and streamline cargo handling processes.
Fraport Real Estate senior vice-president Christian Balletshofer said: “Thanks to the excellent location in CargoCity South and a flexible design, this new warehouse will allow Swissport to meet and continually optimise air freight handling requirements.
“Therefore, the innovative facility will provide Swissport with long-term growth opportunities at Frankfurt Airport.”
CargoCity South is a 98ha logistics hub that houses more than 200 companies and authorities, with more than 300 flight connections from the Frankfurt hub to numerous international regions.
The freight location currently has more than 9,000 employees and links to important motorway junctions and rail networks.