Target: Newly developed logistics asset in Moerdijk
Seller: Accres Real Estate
Advisory sell side: CMS | Legal
Buyer Nuveen Real Estate
Advisory Buy side: Houthoff | Legal
Allen & Overy | Tax & structuring
De Mik Bedrijfshuisvesting | Commercial
Drees & Sommer | Tech & environmental
Date announced: 2021-03-30

Story:
Nuveen Real Estate, one of the largest real estate investment managers globally, has acquired a newly developed logistics asset from Accres Real Estate.

Located in Moerdijk, the Netherlands, the property benefits from its position in the ‘West Brabant Corridor’, which is considered to be one of the most attractive logistics locations in the Netherlands due to its connectivity to Rotterdam Harbour and access to Germany and Belgium by boat, train and road.

Daan Van der Veen, Director Investment Manager for Nuveen Real Estate Benelux, says: “It is fantastic to have been able to add another high-quality industrial asset to our growing portfolio in the Netherlands. Its strategic positioning in one the country’s busiest logistics regions, as well as its strong tenant covenants, should help us to provide continued strong returns for our clients. Due to the quality of the logistics market in the Netherlands, we will continue to seek new opportunities to add to our portfolio in the region.”

Source Property Fund World
Press release Accres Real Estate