Macquarie buys Dutch logistics portfolio for European fund

Macquarie buys Dutch logistics portfolio for European fund

Macquarie Asset Management has purchased a Dutch logistics real estate portfolio from the developer VDG Real Estate in an off-market transaction for its European logistics real estate fund.

The 67,000m2 portfolio is comprised of three state-of-the art facilities – one existing and two currently under development.

The prime logistics facilities are strategically situated along the Dutch logistics corridor in the towns of Venlo, Ede, and Helmond, and are closely connected to the country’s major cities, ports, and airports.

The portfolio is 100 per cent pre-let to three domestic and international tenants.

Christian Goebel, Co-Head of Macquarie Asset Management’s Core/Core-Plus Real Estate strategy said: “We are delighted to continue to expand our logistics footprint in the region. With its strategic position along the spine of the EU’s supply chain networks and future-facing facilities, this portfolio will help meet the demands of tenants and consumers as the digital economy continues to evolve.”

Erik van Dijk, owner of VDG Real Estate said: “The Dutch logistics market has continued to demonstrate strong growth despite recent supply chain pressures. As we continue to meet the growing need for logistics facilities, highly experienced stewards are required to support this growth; this we have found in Macquarie.”

VDG Real Estate, part of the Van Dijk Group, invests in and develops real estate for clients in various sectors with a strong focus on logistics.

Macquarie Asset Management and its specialist platforms have been investing in the European logistics real estate sector for 15 years and manage a portfolio of 67 properties in Denmark, Finland, France, the Netherlands, Norway, Poland, and the United Kingdom.