By acquiring a third logistical center in Venlo (the Netherlands) recently, the invested capital of Eurindustrial has passed the border of â¬100 mln. Besides the acquisition of the logistical center in Venlo, the fund will also have a new institutional investor per April 1, 2005.
The logistical center in Venlo is let to Penske Logistics Europe BV. The center consists of 4,350 mÂ² loading space and 750 mÂ² of office space. The complex is situated on 36,000 mÂ² of own ground of which 24,250 mÂ² is outside terrain.
Following this take-over, the complete portfolio of Eurindustrial now consists of twelve logistical centers throughout the Netherlands. The portfolio covers 157,600 mÂ² of storage and loading space and 14,700 mÂ² of office space, situated on 320,600 mÂ² of land. The total annual rent of the logistical centers is approx. â¬8.6 million.