Edmond de Rothschild Real Estate Investment Management has acquired a logistics scheme in the Netherlands for the Edmond de Rothschild Euro Industrial Real Estate Fund. The property comprises a small logistics asset, constructed in 2008, which has a lettable floor area of 8,500m². The complex is located at Spectrumlaan 5 in Bleiswijk on the PRISMA business park, close to the A12 motorway that links The Hague and Utrecht. The property is fully let to a single tenant. The purchase price was not disclosed.
Rene de Heus, Head of Investment Benelux at Edmond de Rothschild REIM, commented: “This acquisition fits well within the fund’s strategy to acquire high-quality logistics and light-industrial assets on well accessible and urbanized locations with excellent transportation links.”
The Edmond de Rothschild Euro Industrial Real Estate Fund is open-ended and has a core plus risk profile. At the moment the portfolio consists of 14 assets with a total Gross Asset Value of approximately €85m.
