The core-plus Edmond de Rothschild Euro Industrial Real Estate Fund has acquired an 8,300sqm property in the Netherlands from a private investor.
Edmond de Rothschild Real Estate Investment Management said the property, at Lage Weide Utrecht, is fully-let to one tenant. Financial details were undisclosed.
Theo Soeters, fund Manager at Edmond de Rothschild REIM, said: “By this third acquisition within 4 months we have gained a strong position in Utrecht Lage Weide.
“This acquisition fits perfectly within the fund’s strategy to acquire light-industrial assets on well accessible and urbanised locations with excellent transportation links.”
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