Home / News / Industry News / Catella's German fund picks up 35,000 square meters logistics asset near Breda for €35 million

Catella's German fund picks up 35,000 square meters logistics asset near Breda for €35 million

The Catella Logistics Germany Plus Fund (CLD+) has acquired a 35,000 square meters logistics warehouse at Business Centre Treeport in Rijsbergen to the south of the Dutch city of Breda and close to the border with Belgium. 

According to the Dutch land registry, the deal amounted to just over €35 million. 

The modern warehouse asset comprises 29,688 square meters of warehouse, 3,368 square meters of mezzanine/showroom space and 732 square meters of offices, and is designed to meet the highest modern standards for logistics warehouses. The property is targeting a minimum ‘Very Good’ BREEAM sustainability certification, with the roof prepared for the installation of solar panels. 

The newly developed asset is divided into three units, leased to different tenants, with the second construction phase of the warehouse to be completed and let from June. 

The seller was Poppelaars Properties, which is part of the same group as Tierra Outdoor, a retailer of outdoor furniture and accessories, that leases Unit 1 of the complex. The other units are leased by 3PLs Oostvogels Logistics, part of the Neele-Vat Group, and Kennis Transport & Logistics.

Source: propertyeu.info on the 6th of June

https://propertyeu.info/Nieuws/Catella-s-German-fund-picks-up-35-000m2-logistics-asset-near-Breda-for-35m/05d45d81-c1ec-45fe-9eb8-2479b0fd8927