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Article: Fraport AG Buys Caltex Site Northwest of Frankfurt Airport.
- Article from:
- PR Newswire
- Article date:
- October 21, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- Strategic Location Close to FRA: 84 Hectares Available for Businesses
Fraport AG - the owner and manager of Frankfurt Airport (FRA) - has purchased the site of the former Caltex refinery from Caltex Deutschland GmbH. Final approval for the purchase is expected from Fraport's supervisory board shortly. Located near the Main River and only a few kilometers northwest of FRA, the 84-hectare Caltex site is the largest undeveloped commercial land area remaining in the airport vicinity.
Over the years, the Caltex site has been proposed as the location for a major service and distribution center. However, the project was never realized. Using its resources and ...