CBRE Global Investors has acquired a prime logistics warehouse, which is located at business park Borchwerf II in Roosendaal, The Netherlands. The seller is DC Halderberge VOF, a joint-venture between HVBM Vastgoed and Wouda Invest.
The acquisition is a newly developed distribution centre, that comprises of 47,000 sqm, leased long term to pharmaceutical company Hollister. The state-of-the-art logistics building, offers a flexible, high quality logistic solution in a prime Dutch logistics location. It is acquired on behalf of the European Industrial Fund (‘EIF’). This deal is the Funds’ second logistics acquisition in the Netherlands since the re-launch of the Fund in 2014.
The acquisition is in line with the ambition of the Dutch organisation to further grow its logistics platform, and will continue to source, investment opportunities in prime locations in the Netherlands, on behalf of its clients.
CBRE Global Investors was advised by Houthoff Buruma and CBRE. DC Halderberge VOF was advised by Dentons Boekel and Cushman & Wakefield.
About CBRE Global Investors
CBRE Global Investors is a global real asset investment management firm with $104.2 billion in assets under management* as of March 31, 2018. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2017 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real asset-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real asset-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real asset market, and its calculation of AUM may differ from the calculations of other asset managers.