GARBE and Union Investment have invested EUR 85 mln into a 39,300 sqm logistics development at Rotterdam Pernis – located in the Port of Rotterdam 🏗
The property is fully leased to Rotterdam-based European logistics service provider Neele-Vat for 15 years. ✍️
Louca Benders, Investment Manager at GARBE Netherlands: “Land resource is scarce, construction costs are skyrocketing and demand for lettable space in logistics is high. The Port of Rotterdam is a critical logistics hub, both in size and significance globally. This acquisition represents an important step in our rapid-growth strategy offering a comprehensive package of services in key logistics hubs around the country.”
Thanks to our advisors: DHS Real Estate Investment Management (René de Heus), Greenberg Traurig, LLP (David van Dijk + Barbara Klootwijk), Drees & Sommer Netherlands (Ewoud Meihuizen) and PwC (Paul Steltenpool).