AMB adds logistics centre near Amsterdam to Europe Fund

AMB Property Europe said it has contributed the AMB Fokker Logistics Center 4A near Amsterdam Schiphol Airport to AMB Europe Fund I, FCP-FIS. The 10,300 m² facility is fully leased to international integrated logistics services company Schenker.

‘The location and quality of this facility attracts customers, benefiting us with strong occupancy rates,’ said Arthur Tielens, AMB’s senior vice president and fund manager Europe. The facility is located near Amsterdam Airport Schipol’s southeast cargo terminals, the airport’s main terminal and the newest front line cargo operations. The location also has excellent access to the Amsterdam city centre, and highway routes to Brussels, Paris, Rotterdam and Utrecht.

As of December 31, 2007, AMB’s European portfolio consisted of more than 1 mln m² of logistics and distribution properties, both operating and under development, in Belgium, France, Germany, Italy, the Netherlands, Spain and the UK for customers in air express, logistics and freight forwarding industries.

AMB Property Europe is an affiliate of San Francisco-based and New York-listed AMB Property Corporation.