Edmond de Rothschild Real Estate Investment Management has acquired a modern light-industrial facility in Vossendonk, Etten-Leur, in the Netherlands, for an undisclosed amount.
The facility at Munnikenheiweg 63 (Etten-Leur) comprises a modern production and warehouse complex and is located at businesspark Vossendonk, a multi-modal logistics hotspot 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 27,500 m2, totalling 13,500 m2 LFA and is fully let to Kompak Nederland.
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 in accessible, urban locations with excellent transport links.’
This acquisition was carried out by Edmond de Rothschild REIM’s Dutch team, advised by VBC Notarissen. The Seller was advised by Cushman & Wakefield and Houthoff.
Source: propertyeu.info on the 23rd of December