News release

JLL Industrial Agency advised Vodafone for its latest strategic move

Vodafone Group has just signed an agreement to create a new pan-European logistics hub in Luxembourg's Bettembourg Logistic Park

November 04, 2024

Emna Rekik

Country Lead & Head of Markets Luxembourg
+ 352 46 45 40 43

JLL is pleased to announce that JLL Luxembourg played a pivotal role in Vodafone Group's latest strategic move!

Vodafone Group has just signed an agreement to create a new pan-European logistics hub in Luxembourg's Bettembourg Logistic Park. This 26,000 sqm facility, developed by MG Real Estate, will centralize the storage and distribution of mobile and fixed network equipment for Vodafone's European markets. 

Notably, this new facility will be highly sustainable. It's designed to achieve an Outstanding BREEAM certification by incorporating sustainable materials, processes, and technologies to minimize carbon impact.

JLL Luxembourg is proud to have advised Vodafone from the project's inception. Our team's expertise and extensive network were instrumental in bringing together key stakeholders, including Vodafone, MG Real Estate, and local authorities. By facilitating these connections, we helped transform Vodafone's vision into reality.

Emna Rekik, JLL Luxembourg Country Lead comments : "JLL Luxembourg is thrilled to have played a pivotal role as trusted advisor and coordinator over the past two years in this landmark project. Our extensive market knowledge and strategic guidance were instrumental in selecting the ideal developer and facilitating this significant deal. This pan-European logistics hub is not just a win for Vodafone and MG RE, but a major boost for Luxembourg's position as a key logistics center in Europe. We are immensely proud to have contributed to a project that aligns with sustainable development goals and reinforces Luxembourg's reputation for world-class infrastructure. This collaboration showcases JLL's commitment to delivering transformative solutions that drive our clients' success and contribute to the economic growth of Luxembourg."

 

François de Villenfagne, Senior Director Industrial Agency JLL Belgium adds : "This is one of the most significant logistics transactions in Luxembourg in recent years. Our dedicated team specializing in this sector played a crucial role in advising and consulting on this project, and this only 10 months after having launched our industrial/logistics JLL department in Luxembourg. We're proud to have facilitated Vodafone's establishment of their pan-European logistics hub here, reinforcing Luxembourg's position as a strategic location for international businesses and a world-class logistics center. This development will bring substantial economic benefits and create exciting opportunities for our market."


About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.