The acquisition of a modern logistics complex in Tilburg, the Netherlands, is part of the strategic growth plan of Intervest Offices & Warehouses. This is based on a reorientation in the offices portfolio and an expansion of the logistics real estate portfolio in Belgium, the Netherlands and Germany.
This is the first building that the regulated real estate company has purchased in the Netherlands. Through this acquisition, it is pursuing its strategy of expanding its sphere of operations in a region of 150 km around Antwerp.
The site is located at Industriezone Vossenberg II in Tilburg, with a direct connection to the A58 Eindhoven-Breda motorway, and which is part of the Tilburg-Waalwijk logistics hotspot. This is the largest industrial park in Tilburg with more than 200 enterprises and it is characterised by a large diversity with not only logistics and distribution companies located there but also a large number of production and assembly plants in all kinds of industrial branches.
Jean-Paul SOLS - CEO, Intervest said: “Following our recent expansion of logistics real estate in Belgium, we are now taking our first step in the Netherlands. Acquiring this well-located logistics site, which combines storage and production facilities, being rented for a long period by a solid tenant, is fully in line with our strategic growth plan for expanding the logistics real estate portfolio, not only in Belgium but also in the Netherlands and Germany.”
The building has a surface area of 13.300 m² and consists of 11.400 m² of warehouse space, 1.200 m² of offices and 700 m² of mezzanine. The building has a free height of 8 metres and has 6 loading bays and 72 parking spaces. The industrial premises and the production facility are air-conditioned and have been furnished in full accordance with the HACCP guidelines for the food industry. The building was developed by CRA Vastgoed and built by Huybregts Relou. Both companies belong to VB Groep.
The tenant of the site is Dutch Bakery, a modern and innovative industrial manufacturer of bake-off bread products sold under private labels of supermarkets. At this location, Dutch Bakery combines its industrial bakery activities with transport and logistics activities and employs a workforce of over 400.
