Elite Partners makes maiden entry into the Dutch logistics market
Singapore-based licensed fund manager Elite Partners Capital has acquired a warehouse in central Netherlands from a private investor.
This comes shortly after its acquisition of a distribution facility in Wrexham, U.K., announced earlier in the month. This marks the firm's first foray into the Dutch logistics market.
The asset is located at Nunspeet, a city just outside the Randstad area in the middle of Netherlands. Located alongside the A28 motorway, it serves as one of multiple industrial/logistics hubs that connects the Randstad area with the northeastern provinces and the northern part of Germany. The asset sits within the Feithenhof business park, which has a total size of approximately 27.7 hectares (2.98 million square feet) and comprises a mix of local industrial businesses alongside internationally operating occupiers.
The warehouse provides a gross floor area of 30,817 square meters (331,711 square feet) on 55,108 square meters (593,178 square feet) o