Delin Capital Asset Management (DCAM or the ‘Company’), the leading European logistics real estate company today announces a lease renewal with one of its major tenants, the Fetim Group in Amsterdam Port. The 40,000m² logistics property, located at Beiraweg 2-8 Amsterdam, is part of the logistics park acquired in 2014 and developed by DHG.
Delin’s existing portfolio contains 550,000m² of logistics properties, with assets under management currently valued at over €500m. The Company is aiming to double its assets under management in the coming years through both acquiring and developing attractive opportunities in key growth logistics corridors within Europe.
The Fetim Group is an international trading company specialising in design, development, marketing and the sale of construction products, flooring, home decoration and bathroom fittings. The Fetim Group has been active in over 40 countries within and outside of Europe for over 100 years, supplying both professional end users as well as retailers.
Ekaterina Avdonina, Managing Director of DCAM commented, “It is testament to our strong tenant relationships that one of the largest tenants in our portfolio has decided to prolong and renew their lease. Our logistics park in the Amsterdam Port is a first class logistics asset, and fulfils all high standard requirements for logistics companies. We continue to seek similar opportunities to work with strong tenants such as Fetim in core locations similar to this key port in Amsterdam. ”
For this transaction Fetim Group was advised by Appelhoven Vastgoedadviseurs. DCAM was advised by INDUSTRIAL real estate partners.
