Global investment firm KKR said on Friday that its European industrial and logistics platform known as Mirastar has agreed to sell three logistics assets in the Netherlands to Prologis for an undisclosed amount.
The portfolio covers around 127,000 m2 of lettable floor area, with space let to five tenants. KKR’s original investment in this portfolio was made in 2020 through its second flagship European real estate fund, Real Estate Partners Europe II (REPE II).
The portfolio is located across the three prime Dutch logistics locations of Bleiswijk, Schiphol and Roosendaal. The Bleiswijk asset is located in the center of the Randstad region, the Schiphol asset is located close to Schiphol Airport with direct connection to the A4 highway, and the Roosendaal asset is located in the high-demand area for logistics in the South-West of the Netherlands that is well connected via the A58 highway and the Netherlands’ main ports.
KKR and Mirastar developed the three newly built logistics assets between 2021 and 2022 according to state-of-the-art specifications, with strong environmental credentials that have resulted in BREEAM ratings of Excellent and Very Good.
Source: propertyeu.info on the 17th of June