ABN AMRO MeesPierson buys Waalwijk distribution center (NL)

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.


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

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