Edmond de Rothschild Real Estate Investment Management (REIM) has bought an 8,500sqm logistics property in the Netherlands on behalf of its industrial fund.

The core-plus Edmond de Rothschild Euro Industrial Real Estate Fund has paid an undisclosed sum for the fully-let complex located at Spectrumlaan 5 in Bleiswijk on the Prisma business park.

The open-ended fund has a portfolio of 14 assets with a total gross asset value of approximately €85m, the manager said.

René de Heus, head of investment Benelux at Edmond de Rothschild REIM, said: “This acquisition fits well within the fund’s strategy to acquire high-quality logistics and light-industrial assets on well accessible and urbanised locations with excellent transportation links.”