Elite Partners enter Dutch logistics market

Elite Partners enter Dutch logistics market

Elite Partners Capital has acquired a warehouse in the central Netherlands from a private investor. This comes shortly after its acquisition of a distribution facility in Wrexham UK, announced just earlier in the month. This marks the firm's first foray into the Dutch logistics market.

 

The asset is located at Nunspeet, alongside the A28 motorway, in one of multiple industrial/logistics hubs that connect the Randstad area with the northeastern provinces and the northern part of Germany. The asset sits within the Feithenhof business park which has a total size of approximately 27.7 hectares and comprises a mix of local industrial businesses alongside internationally operating occupiers.

 

The warehouse provides a gross floor area of 30,817m² on 55,108m² of land. It is fully let to B&C International B.V., one of Europe's leading suppliers of custom and ready-made window treatments.  The asset is used largely for sorting and distribution and also houses B&C's headquarters. The transaction is part of the second series of EPC's Logistics Fund and is the firm's first acquisition in the Dutch market.

 

"The Netherlands is one of the top logistics markets in Europe, underpinned by efficient ports and well-established logistics infrastructure. We are excited to announce our first acquisition within the Dutch market and look forward to growing our footprint here due to its strong fundamentals and logistics demand," said Victor Song, CEO of Elite Partners Capital.

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