LaSalle Investment Management has acquired a logistics campus in Venlo, the Netherlands, on behalf of Encore+, the firm’s flagship continental European open-ended fund.
Located in the Tradeport logistics hub in Venlo, the Netherlands’ largest logistics market and a key gateway for the European consumer goods market, the campus is situated at the intersection between the major A67 and A73 highways and is easily accessible via the Hutchinson rail terminal as well as the barge terminal. These direct connections by rail, road and river barge allow quick and easy distribution to Germany, Belgium and France, as well as other parts of the Netherlands. Venlo’s logistics market is characterized by high demand and limited supply and has consolidated strongly during the last five years.
The logistics asset now comprises eight high-quality warehouse units and an additional warehouse that is under construction and set to be delivered by fourth quarter 2022. The new logistics
