Bowery Europe, together with its capital partner King Street Capital Management, has completed the acquisition of two modern logistics facilities in Aalsmeer, Netherlands, totaling approximately 50,000 square meters (538,196 square feet). The off-market transactions represent a significant expansion of Bowery and King Street’s Voyage portfolio in the strategically important Dutch logistics market.
The two newly acquired assets serve as key facilities to its occupiers operating in the flower distribution business. The buildings benefit from the close proximity to Europe’s largest flower auction market FloraHolland, and Schiphol Airport, as well as the A4 and A9 major highways, facilitating time-sensitive international distribution. Both assets underwent recent substantial refurbishments and expansions and have been equipped with solar power systems, which reduce tenant occupational costs and enhance the environmental, social and governance (ESG) profile of the assets thro