RLI Investors at the topping-out ceremony for Microvast’s new European headquarters in Ludwigsfelde
After only three months of construction, Microvast, one of the world’s leading manufacturers of lithium-ion battery cells, modules and battery packs, celebrated the topping-out ceremony for its new European headquarters and the production building for Li-ion battery systems in Ludwigsfelde in the south of Berlin.
Katrin Poos, Claudia Austen and Markus Gredler from RLI Investors celebrated the first stage of the 19,200 square meter property together with the building owner Panattoni, the tenant Microvast and representatives from politics and television.
“We thank you for the invitation and are impressed by the rapid implementation within the planned time frame – despite the currently delicate situation. We look forward to welcoming Microvast, an international manufacturer of guild technology in a region of the future, to the property developed especially for them in the first quarter of 2021. If things go as well as before, nothing stands in the way of moving in as planned – we didn’t expect that with Panattoni as the project developer, ”said Katrin Poos, Managing Director RLI Investors.
RLI Investors acquired the project development as part of forward funding for the portfolio of the open real estate special AIF “RLI Logistics Fund – Gemany II” from Panattoni.
With the signed Memorandum of Understanding with the company FPT, which belongs to the CNH Industrial Group and which includes an extensive supply of battery modules, Microvast is committed to the location in Ludwigsfelde in the long term. FPT battery packs with Microvast technology will be able to offer the modules manufactured there for the entire CNHI group and third-party customers. The property realized by the project developer Panattoni fully meets the complex requirements in the production of lithium-ion batteries.