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HIH Invest acquires logistics property near Amsterdam (NL)

HIH Invest has acquired a new-build property in the Netherlands from Trajanus Vastgoed. The property has a total lettable area of around 2,500m², thereof about 2,000m² of logistics space and about 500m² of office space, complemented by 36 car parking spots. The property, located at Liebrugweg 3 in 1165AD Halfweg, occupies a strategically convenient site between the metro areas of Haarlem and Amsterdam while also close to Amsterdam’s Schiphol Airport, the third-largest freight airport in Europe. It is part of the modern “Polanenpark” business park, an environment characterised by particularly high sustainability requirements in building-law terms. Accordingly, the building is certified with the BREEAM “Excellent” green label. The roof-mounted photovoltaic system is used by the tenant WM Automaterialien B.V.; the company is the Dutch subsidiary of WM SE, a German brand-independent wholesaler of automotive spare parts. The lease term (WAULT) equals around 14 years. The purchase price was not disclosed. 

Jeff Dijkstra, Real Estate Manager at HIH Invest Benelux, said: “Including sustainable properties in major European logistics destinations as a strategic add-on is one of the distinguishing features of our new fund. By completing this transaction in the Netherlands, we managed to combine the acquisition of an ESG-compliant property with geographic diversification.”

Source: Europe-re.com on the 13th of June
https://europe-re.com/hih-invest-acquires-logistics-property-near-amsterdam-nl/70542