SQUARE PARKS develops commercial and industrial parks in urban areas together with institutional investors.
- Sep 25, 2025
- 3 min read
Updated: Mar 10
PRESS RELEASE
September 25, 2025
A sister company of the long-established Hamburg-based ADOLF WEBER real estate and project company, SQUARE PARKS, is establishing an independent company focusing on light industrial properties in joint venture structures.
ADOLF WEBER Grundbesitz- und Projektgesellschaft has a 100-year track record with an existing portfolio in the light industrial sector of more than 250,000 square meters of leasable space.
SQUARE PARKS' current project development pipeline amounts to approximately €300 million, with further land acquisitions planned.
Plans to involve additional investors and family offices
Hamburg, September 25, 2025 – SQUARE PARKS, a sister company of Hamburg-based ADOLF WEBER Grundbesitz- und Projektgesellschaft, combines the experience and financial strength of this long-established company into an independent business model focused on urban, flexible business parks. The core business activity lies in the project development of ESG-compliant new buildings in the light industrial segment, offering space for SMEs, tradespeople, manufacturers, and startups. Upon completion of the properties, the company optionally also assumes asset, leasing, and property management responsibilities. SQUARE PARKS offers institutional investors and family offices the opportunity to participate in the value creation process at an early stage of project development through joint venture structures. The business park rental units typically range from 500 to 2,000 square meters of warehouse space with approximately 20 percent office space and can be flexibly subdivided and expanded.
The project pipeline amounts to 300 million euros; further land acquisitions are planned.
Under the SQUARE PARKS brand, the first projects have already been completed. Further projects, with a total development volume of approximately €300 million, are in the planning phase and some are already under construction. Additional land acquisitions are also planned.
The company plans to develop 20 commercial and industrial parks over the next five years. SQUARE PARKS is drawing on the expertise and experience of ADOLF WEBER Grundbesitz- und Projektgesellschaft, which boasts a 100-year track record and an existing portfolio of light industrial properties totaling more than 250,000 square meters of leasable space.
Henning Nietz, Managing Director of SQUARE PARKS, explains the strategic direction: “In the long term, we plan to systematically expand our project development pipeline throughout the DACH region. In addition to the German metropolitan areas, we are also focusing on locations in Austria and Switzerland. With our versatile concept, we respond flexibly to diverse location requirements and the local needs of tenants from the trades, manufacturing, industry, and startup sectors.” Nietz adds: “Our unique selling proposition is the 100 years of experience in asset and leasing management within Adolf Weber Grundbesitz- und Projektgesellschaft, which is reflected in the successful management of our business parks.”
Jochen Boudon, Managing Director of SQUARE PARKS, says about the investment approach: “A key component is close collaboration with institutional investors, which allows us to participate in joint venture structures at an early project stage and to share in the development's upside potential. This ensures that our projects meet both user requirements and capital market expectations.” Regarding the advantages for investors, Boudon adds: “Business parks offer stable cash flows, high potential for alternative uses, and represent an attractive addition to institutional portfolios.”
Dynamic market with future prospects
The market for business parks remains stable even in a challenging market environment. According to a recent analysis by Colliers, demand for small, flexibly usable spaces in inner-city locations has been rising steadily for years. In the first half of 2025, approximately 61 percent of all transactions in the top eight markets involved units up to 3,000 square meters – a clear indication of the relevance of this segment. The analysis concludes that business parks are a compelling asset class for the future, thanks to their diverse tenant mix, resilient leasing scenarios, and compliance with modern ESG standards.
Press contact
RUECKERCONSULT GmbH
Susanne Franz
Wallstraße 16, 10179 Berlin
Tel: +49 151 276 165 64
About SQUARE PARKS
SQUARE PARKS is a sister company of the long-established Hamburg-based ADOLF WEBER real estate and project management company and represents the development of a new generation of urban business and industrial parks. The company focuses exclusively on the construction of flexible, light industrial spaces, particularly suitable for small and medium-sized enterprises, craft businesses, and start-ups. In addition to project development, SQUARE PARKS also manages the assets of completed properties, ensuring long-term support and value stability. With a focus on ESG-compliant construction methods, high space flexibility, and sustainable usage concepts, the company develops projects in prime locations throughout the DACH region (Germany, Austria, and Switzerland). The business model offers investors the opportunity to participate in project developments at an early stage.