Edmond de Rothschild Real Estate Investment Management has acquired the Triton Portfolio in the Netherlands which contains four logistics assets in Eindhoven, Tiel, Helmond and Waddinxveen on behalf of its Edmond de Rothschild Euro Industrial Real Estate Fund.
The assets are very well located at the top logistic hotspots in the Netherlands. The portfolio consists of c. 79,000 square metres LFA leased to tenants such as Lekkerland Nederland, ModeXpress and Vonk & Co.
The acquisition was carried out by Edmond de Rothschild REIM’s Dutch team, advised by Dentons Europe and Hollis Global.
The Edmond de Rothschild Euro Industrial Real Estate Fund has a portfolio of more than 30 assets in the Netherlands, Germany, and France with a market value in excess of EUR 300 million. The fund aims at further growing the portfolio, providing stable recurrent income to its investors and the potential to benefit from the long-term potential growth of the sector. The fund was launched in December 2018 and is open ended. It is structured as an FCP-RAIF domiciled in Luxembourg.
Source: reim-edr.com on the 23rd of February
https://www.reim-edr.com/en/news/view/edmond-de-rothschild-reim-acquires-logistics-portfolio-in-the-netherlands