Patron Capital, Base Investments launch €250m Dutch light industrial platform

Patron Capital, the pan-European institutional investor focused on property-backed investments, and Base Investments, the Dutch asset manager, have launched UrbanLinx, a platform to invest in sustainable light industrial assets in the Netherlands. The platform has already acquired properties in Houten and Amsterdam as part of the portfolio.

UrbanLinx will focus on the sustainable renovation and extension of existing buildings and will look to acquire assets valued between €5 million and €25 million ($5.4 million and $27.3 million). Patron and Base Investments are aiming to compile a portfolio worth €250 million ($273 million) over the next three years.

The Houten property, acquired from Conway Holding International B.V., comprises 150,000 square feet of warehouse and office space in a well-connected thriving commercial and retail area. The Amsterdam property, acquired from Jurred Bedrijfshuisvesting, was built in 1985 and comprises 65,000 square feet of warehouse