European logistics specialist GLP has purchased a 30,000 m2 land plot in Amsterdam to develop a last-mile distribution warehouse for a pharmaceutical wholesaler.
The site, located in Business Park Amsterdam Osdorp in west Amsterdam, was acquired from Heembouw Bedrijfsruimten West.
The 24,000 m2 warehouse is due to be completed by the end of 2022. The asset is targeting BREEAM Very Good sustainability certification.
GLP said the acquisition was in line with its strategy of further expanding its presence in the Dutch market.
‘The warehouse is situated in an excellent logistics location in the Netherlands, on the corridor between Amsterdam Schiphol Airport and the city’s Nieuw-West district. It’s an excellent spot for a city hub,’ said Philippe Hendriks, director of the Netherlands & Belgium at GLP.