Catella Real Estate AG (CREAG), in cooperation with Catella Investment Management Benelux (CIMB), is acquiring a sustainable logistics property in the Treeport business centre in Rijsbergen, south of the Dutch city of Breda, for the special AIF "Catella Logistik Deutschland Plus" (CLD+).
The seller is Poppelaars Properties. Tierra Outdoor is a tenant in the property. The other rental units are leased to the 3PL companies Oostvogels Logistics (part of the Neele-Vat Group) and Kennis Transport & Logistics.
Jaime Sarra, Senior Investment Manager at CREAG, explains: "The Treeport transaction is the largest purchase to date for Catella Logistik Deutschland Plus Fund (CLD+). It follows our forward funding investment in the Maasmechelen logistics development in Belgium. We are convinced that the Treeport Business Park will also benefit from high demand in the long term due to its strategic location and its sustainability concept between the ports of Rotterdam and Antwerp and other Dutch logistics centres."
Marten Helms, Senior Portfolio Manager at CREAG, comments: "With the acquisition of the multi-tenant logistics property in Breda, the Netherlands, we are strengthening the existing portfolio and the geographical diversification of our "Catella Logistik Deutschland Plus" fund. With the BREEAM certification 'Very Good', the purchase also contributes to the high sustainability standards of the fund. With this transaction, we have already acquired the 16th property for the CLD+. Due to the strong interest of our investors in the logistics asset class, Catella Real Estate AG is now launching its second logistics fund for professional and semi-professional investors with the 'Catella European Logistics Fund Plus (CELF+)'. With its pan-European focus, Catella is continuing its growth course in the logistics sector."
Catella was advised on the transaction by Osborne Clarke (legal advice), KPMG (tax advice) and PVM (technical advice). The seller was represented by De Lobel & Partners and Schaap Advocaten Notarissen.
Image provided by Catella.
Europe Real Estate — an overview of real estate developments in European countries.
