Bowery Europe and King Street Capital Management‘s pan-European last-mile logistics real estate platform has added two assets in the Netherlands to its portfolio.
The venture has acquired two logistics assets in Aalsmeer totalling 50,000sqm, expanding the Voyage portfolio’s European footprint to more than 300,000sqm.
Following the deal, the Netherlands now accounts for approximately 25% of the partnership’s total portfolio.
Jean-Marie Caillon, CEO of Bowery Europe, said: “These acquisitions represent an important milestone in the growth of our Voyage portfolio and reflect our ability to source high-quality, off-market opportunities in core European logistics markets.
“Aalsmeer is a strategically significant location, benefiting from proximity to critical transport infrastructure and serving specialised distribution requirements in the flower and plant sector. Both assets offer strong ESG fundamentals, supported by existing renewable energy installations that reduce operational carbon intensity and provide long-term cost savings for our tenants.
“We are pleased to expand our presence in the Netherlands, a market characterised by resilient fundamentals and continued demand for well-located logistics assets.”
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