International real estate advisor Savills advised ABN AMRO MeesPierson in the purchase of a new distribution center in Waalwijk in the Netherlands for 23 million from SPAR Holding.
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The new distribution center in Waalwijk.
The transaction is a sale and leaseback and SPAR Holding have signed a 15-year lease agreement with ABN AMRO MeesPierson Real Estate Growth Fund NV.
The logistics center, which is a modern, sustainable development, has a total floor area of 28,000 m² and is located near the A59 motorway.
Clive Pritchard, Head of Investment at Savills in the Netherlands, says: "There have been few transactions in the logistics market in the past three years so this deal is a sign that investor confidence in the market is returning and confirms that overall business for logistics operators is continuing to recover and improve."
Source: Savills
The logistics center, which is a modern, sustainable development, has a total floor area of 28,000 m² and is located near the A59 motorway.
Clive Pritchard, Head of Investment at Savills in the Netherlands, says: "There have been few transactions in the logistics market in the past three years so this deal is a sign that investor confidence in the market is returning and confirms that overall business for logistics operators is continuing to recover and improve."
Source: Savills
