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.”
To read the digital edition of the latest IPE Real Assets magazine click here.
