Investor snaps up third logistics facility in Netherlands

Pan-European real estate investor Europa Capital has bought a prime logistics warehouse near Eindhoven Airport from a private seller.

This is the investor’s third logistics acquisition in the Netherlands in the last 12 months and follows the acquisition of a 21,054 sq m (226,623 sq ft) logistics facility in Tilburg and a 49,658 sq m (534,514 sq ft) logistics warehouse in nearby Oss.

Such is the strength of the logistics property market at present driven by the growing e-commerce sector, that more and more investors are turning to it to provide a stable and growing return on income.

Andy Watson, partner and fund manager at Europa Capital, said: “This is the third property in the logistics market in the Netherlands, where we believe that strong occupational dynamics and increasing investor liquidity will benefit investors.”

The logistics and residential sectors remain the main focus of the investment strategy, for its core diversified income strategy, which is seeded with capital from Europa Capital’s principal shareholder, Mitsubishi Estate, and now has a combined value of over €200 million. The target for investment has been set at €500 million.

The core diversified income portfolio’s five assets across France, Germany and the Netherlands currently generates a total income to over €10 million (£8.9 million),

Europa Capital was advised by Cushman & Wakefield and ARC Real Estate Partners.