Edmond de Rothschild REIM buys Dutch logistics property

Edmond de Rothschild REIM buys Dutch logistics property

Edmond de Rothschild Real Estate Investment Management has acquired a modern light-industrial facility in Vossendonk, Etten-Leur, in the Netherlands. The facility at Munnikenheiweg 63 comprises a modern production and warehouse complex and is located at business park Vossendonk, a multi-modal logistics hotspot directly along the A58 and strategically located in between the ports of Rotterdam and Antwerp. The asset was acquired for the Edmond de Rothschild Euro Industrial Fund (EIREF) in a sale-and-lease-back transaction. The asset comprises a freehold plot of circa 27,500m², totalling 13,500m² LFA and is fully let to Kompak Nederland. The purchase price was not disclosed. 

 

Robbert Bakhuijsen, Head of Investment Benelux at Edmond de Rothschild REIM, said: "With this acquisition, we further diversify our fund with a core asset in a desirable location in West Brabant. It represents another strategic expansion of the fund and fits perfectly with the fund’s strategy. We will continue to acquire light-industrial and (small) logistics assets inaccessible, urban locations with excellent transport links.”

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