NW1 Partners and URBZ Capital’s Dutch industrial outdoor storage (IOS) fund has secured €192 million at final close with the participation of CBRE Investment Management’s indirect strategies business.
As the final investor in the Dutch IOS vehicle, CBRE IM has joined the fund expected to acquire low-density industrial assets within established industrial areas and logistics routes across the Netherlands.
The partnership between NW1 and URBZ has already invested €130 million invested in IOS assets the Netherlands.
Source: realassets.ipe.com on the 24th of April