M&G Real Estate has added a €100m logistics portfolio of three assets to its Dutch portfolio.
The manager said it has acquired the Liberty Logistics Portfolio in the Netherlands on behalf of the M&G European Property Fund.
The 74,000sqm portfolio, which includes three warehouses in Aalsmeer, Almere and Utrecht, marks the fund’s tenth investment in the Dutch market. Logistics now accounts for 27% of the fund’s total assets, the manager said.
Laurien van Wieringen, director of investment and asset management for the Netherlands at M&G Real Estate, said: “The Dutch logistics market is Europe’s densest logistics hub, thanks to its central location and strong infrastructure.
“With a solid outlook for prime rental growth of around 3% annually, this remains one of the most attractive markets. This acquisition taps into that momentum and gives us high-quality, sustainable assets in strategic hubs ready for the future.”
Simon Ellis, fund manager of the M&G European Property Fund, said: “This acquisition underlines our confidence in the Dutch logistics market and is in line with our strategy for the fund which is to enhance our portfolio through selective acquisitions, particularly in the logistics and living sectors.
“These assets combine prime locations, modern specifications, and strong sustainability credentials, offering long-term income resilience and positioning the Fund to capture value as supply chains evolve – a clear reflection of how sustainability has become a decisive factor for capital allocation, with assets boasting strong ESG credentials commanding a premium.”
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