Catella Property Fund Management (part of Equity Estate) has announced the leasing of 33,500 m² of space in its Oosterhout logistics center.
The property is owned by one of its funds, AB CPFM Europroperty Fund.
The company said it has reached an agreement with Lidl, the international fast-expanding supermarket chain. Lidl will use the logistics center for their non-food articles and occupied the property immediately after the departure of Whirlpool.
AB CPFM Europroperty Fund is one of the joint ventures between Arab Bank and Catella. The management of the fund is performed by Catella Property Fund Management (a 100%-owned company of Equity Estate). The fund consists of 12 properties, logistics and offices, located in the Benelux and Germany.
The transaction was accomplished by DTZ Zadelhoff on behalf of AB CPFM Europroperty Fund.
Source: Catella Property Fund Management BV