International distribution centre specialist Goodman has signed a leasing and pre-committed development agreement with logistics company DSV Solutions for the storage and handling of products for Advanced Medical Nutrition (Nutricia) in the Dutch city of Venlo. This will bring the total amount of space leased to DSV in the Netherlands to over 110.000 m[sup]2[/sup].
International distribution centre specialist Goodman has signed a leasing and pre-committed development agreement with logistics company DSV Solutions for the storage and handling of products for Advanced Medical Nutrition (Nutricia) in the Dutch city of Venlo. This will bring the total amount of space leased to DSV in the Netherlands to over 110.000 m2.
Under the agreement DSV Solutions and Nutricia will lease a total area of 29.808 m2 at Trade Port North Logistics Park, Venlo. Specifically, DSV is taking a lease on an existing 19,534 m2 warehouse and 475 m2 of office space, and the development of a new 9.767 m2 warehouse extension.
The new development will be 100% pre-leased on a five-year fixed term agreement and will provide DSV with the additional space required to service the German and Benelux markets with Nutricia products from one central location in Venlo. It will also enable Nutricia to consolidate its multiple warehouses in the region into one facility. Handover of the warehouse extension is scheduled for December 2011.
Goodman is an integrated property group that owns, develops and manages logistics and business space across Continental Europe, the UK and the Asia-Pacific region. The Group invests in business parks, office parks, industrial estates and warehouse and distribution centres. It currently has EUR 11. 5 bn of assets under management.
