Goodman Group is to develop 10,000 m[sup]2[/sup] of logistics space for global logistics provider, UPS Supply Chain Solutions, at Venlo Trade Park North in the Netherlands.
Goodman Group is to develop 10,000 m2 of logistics space for global logistics provider, UPS Supply Chain Solutions, at Venlo Trade Park North in the Netherlands.
The new facility will serve logistics customers in the high-tech sector. It has been pre-leased for a 10-year term. The project includes 277 m2 of office space.
Construction commenced in June and delivery is scheduled for December 2012. The new warehouse for UPS is an extension of Unit B and will be a multi-customer building, with a separate entrance for trucks and cars.
The building will be acquired by the Goodman-managed fund Goodman European Logistics Fund (GELF), with Goodman continuing as the asset and property manager.
Goodman was named as the number one developer in Europe in the March edition of PropertyEU magazine. The ranking is based on completed projects in square metres from 2009 to 2011.
The next edition of PropertyEU Magazine features an interview with Kristof Verstraeten, commercial director for Goodman’s Continental European operations. Click on the link below to subscribe.
