Edmond de Rothschild REIM has acquired a portfolio of six industrial assets with a total lettable floor area of approximately 53,000m², on behalf of Orange Industrial, a newly incorporated joint venture with New York-based AIG Global Real Estate. The portfolio consists of six industrial assets of which five are located in the Randstad. The properties are strategically located to service and near densely populated areas including Diemen, The Hague, Haarlem, Barendrecht and Mijdrecht. The purchase price was not disclosed.
Onno Scheij, Managing Director, Head of Benelux, Edmond de Rothschild REIM, commented: “With the acquisition of this seed portfolio we have acquired a great value-add product in line with the investment strategy to acquire existing and to-be-developed industrial and distribution assets throughout the Netherlands. We look forward to adding further assets to this portfolio with AIG Global Real Estate”.
