Edmond de Rothschild REIM acquires logistics portfolio in the Netherlands

Edmond de Rothschild Real Estate Investment Management has acquired the Triton Portfolio in the Netherlands which contains four logistics assets in Eindhoven, Tiel, Helmond and Waddinxveen on behalf of its Edmond de Rothschild Euro Industrial Real Estate Fund.

The assets are very well located at the top logistic hotspots in the Netherlands. The portfolio consists of c. 79,000 sqm LFA leased to tenants such as Lekkerland Nederland, ModeXpress and Vonk & Co.

Robbert Bakhuijsen, Head of Investment Benelux at Edmond de Rothschild REIM, said: “This acquisition represents a strategic expansion of the fund in very sought-after locations in the Netherlands. This portfolio offers an excellent mix of recurrent income and potential to add value by investing in the buildings and increase occupancy. Therefore, it perfectly fits with the fund’s strategy that is looking to grow after the successful fund raising at the end of last year. We will continue to acquire light-industrial and (small) logistics assets in accessible, urban locations with excellent transport links.”

Read the full press release at the link below