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Elite Partners Makes Maiden Entry in to the Dutch Logistics Market with Acquisition of a Warehouse in Netherlands



Singapore, Aug 2, 2022 – (ACN Newswire) – Elite Partners Capital has acquired a warehouse in central Netherlands from the private investor. This comes soon after its acquisition of a distribution facility in Wrexham UK, announced just earlier in the month. This marks the firm’s first foray in to the Dutch logistics market.

The asset is situated at Nunspeet, a city just beyond your Randstad area in the center of Netherlands. Located alongside the A28 motorway, it serves as you of multiple industrial/logistics hubs that connects the Randstad area with the northeastern provinces and the northern section of Germany. The asset sits within the Feithenhof business park that includes a total size of around 27.7 hectares and comprises a variety of local industrial businesses alongside internationally operating occupiers.

The warehouse offers a gross floor section of 30,817 sqm on 55,108 sqm of land. It really is fully let to B&C International B.V., among Europe’s leading suppliers of custom and ready-made draperies. B&C is among North America’s Springs Window Fashions’ residential brand. The asset can be used largely for sorting and distribution and in addition houses B&C’s headquarters.

The transaction is area of the second group of EPC’s Logistics Fund and may be the firm’s first acquisition in the Dutch market. “HOLLAND is among the top logistics markets in Europe, underpinned by efficient ports and well-established logistics infrastructure. We have been excited to announce our first acquisition within the Dutch market and appearance forward to growing our footprint here because of its strong fundamentals and logistics demand,” said Mr Victor Song, CEO of Elite Partners Capital.

Elite Logistics Fund II continues to spotlight creating a portfolio of high-quality logistics warehouse or infrastructure across Europe and the united kingdom.

Because of this transaction, Opal Partners acted for Elite Partners Capital and Cushman & Wakefield acted for owner.

About Elite Partners Capital

Incorporated in 2017, Elite Partners Capital is really a Singapore-based licensed fund manager. The Elite Logistics Fund series includes a Pan-European strategy concentrating on prime logistics assets in the high-growth and defensive sectors.

Media Contact:

enquiries@elitepartnerscapital.com

Topic:News release summary

Source: Elite Partners Capital


Sectors:Transport & Logistics, Exchanges & Software, Daily Finance, PROPERTY, Funds & Equities

http://www.acnnewswire.com

From the Asia Corporate News Network

Copyright 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


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