CBRE Global Investors, on behalf of clients, has acquired eight logistics warehouses in the Netherlands from Somerset Capital Partners.
The transaction volume for the portfolio, which consists of around 260,000 m2 of assets.
The properties are located in well-established logistics centres in the Netherlands, and include one standing asset located in Wijchen and seven developments located in logistic hotspots, such as Schiphol, Utrecht and Nieuwegein.
'This portfolio provides a perfect fit with our client's investment criteria – a unique opportunity to invest in high-quality logistics in a very sizeable transaction in the Dutch market,' commented Jaap Snellen, CBRE GI's head of asset management for logistics, the Netherlands.
The portfolio is 80% pre-let to tenants such as Mainfreight, Picnic and All 4 U.
'We have substantially increased our logistics platform in the Netherlands over the past year and now have approximately 530,000 m2 of logistics over 15 properties. We continue to search for similarly attractive investments for our clients. Prime logistics assets are a key sector for us in the Netherlands,' concluded Snellen.
CBRE Global Investors were advised by law firm Houthoff Buruma and broker JLL.
Somerset Capital Partners was advised by law firm Loyens & Loeff.
