Aviva Investors Real Estate France buys logistics asset in Apeldoorn, Netherlands

Aviva Investors Real Estate France buys logistics asset in Apeldoorn, Netherlands

Aviva Investors Real Estate France has acquired, on behalf of one of its clients, a core logistics asset in Apeldoorn, Netherlands.

The company acquired the property through a sale and lease back agreement with a wholesale company that specialized in heating, plumbing and parts.

The asset is a high-quality logistics warehouse built in 2016 and extended in 2020. It comprises c. 26,600 sqm of lettable space, offering very good technical specifications and a BREEAM Excellent environmental certification.

The logistics asset is part of the Ecofactorij Business Park of Apeldoorn, conveniently located at the junction of the A1 and A50 motorways, within a one-hour drive from Amsterdam and the German border.

Grégoire Bailly-Salins, Head of Transactions Europe at Aviva Investors Real Estate France commented: “The acquisition of this high-quality warehouse, long-term leased to a solid covenant, with a strong connectivity to the Ruhr area, Eastern Europe and the Randstad, allows us to further establish our presence in the Netherlands, one of Europe’s most established logistics location”.