Verdion acquires Dutch logistics scheme for €17m

Verdion acquires first Dutch logistics scheme for €17m

Verdion has purchased its first asset in the Netherlands as part of a €300m investment programme focussed on last mile opportunities in Northern Europe. The company has acquired a 24,000m² warehouse in Roosendaal on the Dutch-Belgian border for €17m in an off-market deal. Located in an established logistics area between Rotterdam and Antwerp the building includes 18,000m² let to specialist logistics company Imperial Group, together with further space for occupation and an adjacent land plot with permission for a further 10,000m² of new build warehouse space.

 

Simon Walter, Director of Asset Management at Verdion, said: “Alongside our built to suit and logistics park activity, last mile logistics is an important investment focus for Verdion.  Online retail has never been more important, and this trend is set to continue for the long term.These investments, around €70m in total so far, demonstrate our commitment to this market sector. We are particularly pleased to complete our first deal in the Netherlands: a key target alongside Germany and the Nordics. We will be deploying further capital in the coming months – investing where we can best leverage our development expertise and focus on technical innovation.”

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