Hamburg-based SQUARE PARKS, a newly established sister company of the long-standing Adolf Weber Group, has announced plans to develop a network of light industrial estates and business parks across German-speaking Europe. The firm, launched as an autonomous platform, is positioning itself to serve small and medium enterprises, skilled trades, start-ups, and light industrial tenants through joint-venture structures with institutional investors and family offices. The Adolf Weber Group, which has operated in Germany for over a century, currently manages a portfolio exceeding 250,000 square metres of light industrial space. Building on this base, SQUARE PARKS has outlined a property development pipeline valued at approximately €300 million, with additional land acquisitions under negotiation. The medium-term plan foresees up to 20 new business and light industrial parks within five years across Germany, Austria, and Switzerland. Projects under the SQUARE PARKS brand are designed with flexibility in mind, offering units between 500 and 2,000 square metres of warehouse space, typically including an office component. The company has also signalled that it will oversee asset management, leasing, and property services following project completion. The market fundamentals appear supportive. Research from Colliers shows that demand for smaller industrial and warehouse units in Germany has grown steadily, even in a challenging economic climate. In the first half of 2025, spaces under 3,000 square metres accounted for around 61% of all lease activity in Germany’s top eight markets. Analysts note that these urban business parks appeal to tenants due to their adaptability, diversified usage potential, and compliance with ESG standards. For investors, the segment has been gaining traction as a resilient alternative real estate class. With stable cash flows and opportunities for early participation in development projects, business parks are increasingly viewed as a portfolio diversifier. SQUARE PARKS’ launch reflects a broader trend in Germany’s logistics and light industrial property market, where urban regeneration and modular, ESG-compliant developments are attracting both occupiers and capital despite wider market uncertainty.