AXA IM Alts has acquired a 61,000sqm logistics centre in Bleiswijk, in what is one of the manager’s largest logistics deals in the Netherlands.
The transaction adds a fully-leased asset in the Randstad region, completed in December 2020, to AXA IM Alts’ €9bn global logistics portfolio.
Bernard d’Ocquier, head of transactions Belgium, Netherlands & Luxembourg, AXA IM Alts, said: “Having patiently monitored the Dutch logistics market for attractive entry points, this acquisition reflects our strong conviction in the fundamentals of the asset class and the resilience of the Randstad region.
“The asset is fully leased to a high-quality occupier with a strong market position, underpinned by diversified operations across both physical and online retail - sectors driving sustained demand as e-commerce continues to expand.
“Its grade-A specifications, sustainability credentials and strategic location make it fully aligned with our core investment strategy of targeting prime assets and building long-term partnerships with market-leading logistics occupiers.”
To read the latest IPE Real Assets magazine click here.
