Logistics Capital Partners, a newly-launched European logistics specialist, has joined forces with German private real estate firm Dietz Group to acquire a 21-hectare development site located within the Roosendaal logistics hub in the Netherlands.
The site, situated in the Majoppeveld Noord industrial park, is the location of the previously decommissioned Philips factory (Royal Philips Electronics), and is expected to be ready for redevelopment at the end of 2016.
The partners said that 'the site's scale and orientation means it is one of the few locations in the Netherlands that is ready to accommodate a single modern warehouse of 100,000 m2, or multiple large scale buildings for a new park, or dedicated campus'.
'Following our current activity in Roosendaal, and consistent occupier demand, we are thrilled to further extend our involvement in the region by securing this prime redevelopment opportunity right at the heart of the European logistics network. The site is also a significant opportunity for an ambitious occupier to acquire a strategic foothold in the European Union, located nearby the ports of Antwerp and Rotterdam,' said Kristof Verstraeten, managing director of Logistic Capital Partners.
Wolfgang Dietz, chairman of Dietz commented: 'The new acquisition marks our further expansion outside of Germany in joint venture with LCP. We are strategically targeting strong locations and high quality assets which provides diversification our current activity and strong growth in our domestic market.'
Founded last year by James Markby, Kristof Verstraeten, and Andrea Benvenuti, Logistics Capital Partners specialises in Logistics Real Estate Development, Project Management, Asset Management and Real Estate Investment across Europe for a diverse range of projects and large scale developments
In 2015 the group secured a number of significant projects including one of the largest pre-let developments in the Netherlands, for Primark.
