CBRE Global Investors continues expansion into the Netherlands (NL)

logistics

CBRE Global Investors has acquired on behalf of the CBRE European Industrial Fund, DC Leeghwaterweg 2-8 in Bergen op Zoom, the Netherlands. The vendor was a fund managed by AXA Investment Managers – Real Assets.

 

The logistics warehouse comprises 43,000m² and was constructed in 2009. It is a modern and flexible building and is let to Bleckmann and Forever 21.

 

This deal is the second logistics acquisition that CBRE Global Investors has made in the Netherlands in the last four months. 

 

Pierre-David Baylac, Fund Manager European Industrial Fund (EIF) for CBRE Global Investors, said: "Since the beginning of the year, EIF has acquired 12 assets in France, Germany, Italy, Portugal and Spain. The Fund is keen to further increase its portfolio in the Netherlands.”

 

Paul Oremus, Country Manager the Netherlands added: “This acquisition underlines our ambition to grow the logistics platform in the Netherlands. We are looking at all core investment opportunities in the logistics market in the Netherlands for our various clients.”

 

CBRE Global Investors were advised by Houthoff Buruma. AXA Investment Managers – Real Assets were advised by CBRE and Clifford Chance.

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