GIEAG Immobilien AG has concluded a long-term rental agreement from the summer of 2018 for total space of 55,500 square meters in its logistics property in Erfurt with LGI Logistics Group International GmbH. This logistics property was built by GIEAG in 2010 and has total usable space of almost 67,000 square meters - of which more than 60,200 square meters are used for logistics with additional mezzanine and office space and also parking areas. It is located on the Internationales Logistikzentrum site in Erfurt. The two most important freight handling airports, Frankfurt am Main and Leipzig/Halle can both be reached by truck in less than three hours.