Nederlandse Vastgoed Participatie and 3P Groep’s Dutch investment firm, DCM Investment, has teamed up with TPG Angelo Gordon Europe Real Estate to launch a €200m industrial outdoor storage (IOS) investment venture.
The partnership, which will target sites across the Netherlands, has acquired an asset in Schijndel, near the logistics hub of Eindhoven as its first site.
The pair said the joint venture intends to acquire, develop and scale a high-quality IOS portfolio across the Dutch market.
David van Goudoever, partner at DCM Investment, said: “This joint venture marks an exciting step forward in DCM’s growth strategy. In addition to our existing funds and investment activities, we see this collaboration with TPG AG Europe as a compelling opportunity to specifically target the emerging IOS sector.
“By combining our expertise with TPG AG Europe, we are well positioned to identify and acquire opportunities in the rapidly emerging IOS sector, while reinforcing our long-term commitment to investing in high-quality, resilient real estate that underpins modern supply chains.”
Jack Laarakkers, vice president, real estate investments at TPG Angelo Gordon Europe Real Estate, said: “We are excited to be partnering with a strong and dynamic team in the Dutch IOS sector and expanding our footprint of European IOS assets.
“DCM’s extensive sourcing ability and market knowledge will provide valuable support as we continue to invest further in this promising asset class.”
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