Nuveen Real Estate’s European logistics platform has added €215m worth of Dutch assets to its portfolio.
The investment manager said the three core logistics assets acquired in The Netherlands adds to the nearly €250m already invested in European logistics this year
The latest acquired assets include a 48,000sqm warehouse near Rotterdam, a 100,000sqm, two-phase, industrial development in Eindhoven and a 62,000sqm asset in Zaltbommel.
Thorsten Kiel, head of European logistics for Nuveen Real Estate, said: “These acquisitions add to the nearly €250 million Nuveen has already invested in European logistics this year, as we continue to be confident that the asset class can provide long-term growth and returns for our investors.
“At the same time, we are continuing to reinvest in our existing assets to ensure we maintain our portfolio.”
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