Clarion Partners Europe has acquired, on behalf of one of its commingled funds, two newly developed logistics facilities in Drunen and Hulst, the Netherlands, for €80 million ($83 million). The separate transactions take Clarion Partners Europe’s committed investment in the Netherlands past €340 million ($353 million) since the start of 2024.
In Drunen, in the Tilburg-Waalwijk region, Clarion Partners Europe has acquired a 32,900-square-meter (35,413-square-foot), BREEAM Very Good facility, which was completed in July 2024, from developer VolkerWessels Logistics Development. It is leased to West Coast Supply Group’s Green Qube Services division, a leading wholesaler of premium brand fast-moving consumer goods, on a seven-year term, serving as a key distribution hub. The property benefits from its proximity to Europe’s largest port (Rotterdam), and excellent arterial connectivity, via the nearby A59, A2 and A16, toward Breda, Utrecht, Amsterdam, Rotterdam and An
