Madgeburg Cochstedt International Airport For Sale Online at GoIndustry DoveBid

WASHINGTON--(BUSINESS WIRE)--May 24, 2016-- Looking to buy an airport in Germany? Situated in a desirable central location southwest of Berlin, the Madgeburg Cochstedt International Airport is for sale on GoIndustry DoveBid, a Liquidity Services (NASDAQ: LQDT) online marketplace. Details can be found at www.go-dove.com. If interested, move fast. According to Business Insider and the German newspaper Leipziger Volkszeitung, Amazon, Apple, Tesla and Toyota are all scouting for potential new sites in this region.

A former Cold War-era Soviet air force base, Airport Madgeburg Cochstedt International is located approximately 194 kilometers southwest of Berlin. Originally built in 1957, it was expanded to accommodate commercial flight after the reunification of Germany in 1990. In 2010, a Danish company acquired the airport and invested 30 million euros to upgrade its runway, apron, taxiway and control tower. Today, it is not only Saxony-Anhalt’s only international airport, but it is also a growing hub for freight, logistics and an ad-hoc charter business. It is fully-licensed to operate under visual flight rules (VFR) and instrument flight rules (IFR) 24 hours a day, and has regularly been used for test flights by Lufthansa, Airbus and DLR, the German Center for Aerospace. Assets included in the sale of this 230-hectare airport are a 68-hectare fully-developed industrial area, 3,100 x 60 meter runway, control tower, fire station, terminal building and parking lot.

“We are pleased to bring to market the opportunity to purchase a fully-operational airport near Berlin,” said Gardner Dudley, President of Liquidity Services’ Capital Assets Group. “This unique asset and strategic location provide a multitude of uses for interested buyers, including regional or international manufacturers, distributors, logistics or e-commerce companies. The largest companies in the world continue to turn to Liquidity Services to manage, value and sell their full range of industrial assets due to our comprehensive services and extensive reach to millions of buyers across the globe which creates robust competition for offered assets. The result is a vibrant marketplace for both buyers and sellers that is spurring growth and investment in developing economies, particularly in capital intensive industries.”

To place bids on items for sale in this auction, or to participate in any auction on a Liquidity Services marketplace, visit https://www.go-dove.com/register.

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Source: Liquidity Services

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Jeanette Hanfling
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