Construction has now begun on the new distribution centre, which totals 97,000 sq m (1 million sq ft). Located in one of the most important hubs for e-commerce activities in the Netherlands and Western Europe, the area is known as the Logistics hotspot of Eindhoven. It has good multimodal connections, which ensures efficient and optimal accessibility. Catering to e-commerce tenants requires special designs within logistics buildings, the building has been designed with this in mind.
The Fund's second Logistics investment was acquired in two phases: Phase 1 (c. 60,000 sq m) and Phase 2 (c. 37,000 sq m) in November 2019 and January 2020, respectively.
The property consists of three interlinked warehouses, developed to a high quality, allowing flexible use for either single or multiple users.