Nuveen Real Estate, one of the largest investment managers globally, has acquired three logistics assets in The Netherlands on behalf of its European logistics platform, for a combined €215 million ($241 million).
The first asset is a high-quality, 8,000-square-meter (86,000-square-foot) warehouse near Rotterdam. The property is in a well-connected location, which will also be further enhanced by the construction of an additional motorway, with an intersection planned right next to the logistics hub. The asset is split into two lettable areas, with one currently let to a logistics and transport provider, on a 10-year lease.
The platform has also completed the final phase of Westfields Logistics in Eindhoven, a 100,000-square-meter (1.1 million-square-foot), two-phase, industrial development. The new property is located between the main Dutch ports and is also close to Belgium and Germany, giving tenants excellent connectivity.
Finally, following the completion
