Global investment firm Carlyle has entered the Dutch logistics real estate market with the acquisition of a fully leased asset in Moerdijk.
Carlyle said the equity for the investment came from the Carlyle Europe Realty platform, the manager’s pan-European real estate strategy.
Carlyle partnered with Calibre Asset Management to acquire the asset. Calibre will provide origination and asset management services for this and future logistics acquisitions in the region.
The acquisition expands Carlyle’s footprint in Benelux, which includes a self-storage platform comprising of 15 stores totalling 55,683sqm, alongside a portfolio of 11 hotels in The Netherlands.
Tijs Derison, founder of Calibre Asset Management, said: “We are delighted to have supported Carlyle with its first distribution logistics acquisition in The Netherlands and to have made the first step of what we expect to be a mutually beneficial and fruitful relationship.”
Erik Orbach, director on the Carlyle Europe Realty advisory team, said: “The Netherlands is one of Europe’s most established and strategic logistics markets and we believe this acquisition represents an excellent entry point to grow our presence in the region.
“This acquisition is in line with our broader pan-European logistics strategy, which consists of acquiring distribution assets suitable for last mile and city logistics close to major cities.”
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