Realterm is pleased to announce the acquisition of Phase I of an eight property, highly functional high flow-through (HFT) portfolio located in the Netherlands. The six assets are located in primary and key secondary markets in the Netherlands, one of the most established logistics markets in Europe. Each of the assets in the portfolio benefit from transportation advantaged locations with excellent motorway access, and a highly functional design and layout. Realterm looks forward to closing on the two additional assets in Phase 2 later this year.
"The acquisition of this Dutch portfolio reflects our strategy of investing along pan-European transport corridors in key logistics markets across Europe," said Balazs Lados, Managing Director. "We are excited to add these high quality buildings to Realterm Europe Logistics Fund’s (RELF) portfolio as they offer excellent functionality to a wide variety of our customers seeking efficient HFT buildings for final mile and transload operations."
Highlights of the portfolio include:
- 103 dock-high loading doors
- 35 oversized drive-in doors
- 56,343 sqm of lettable area (408 sqm/door)
- 45,765 sqm footprint on 112,407 sqm site area (41% coverage ratio)
- Fully fenced and secure
Colliers represented the seller and Savills represented Realterm in the transaction.