Segro has acquired three fully leased logistics warehouses in the Netherlands for €222 million ($238 million).
Undertaken via three separate transactions, the assets are all in attractive locations and help to build on Segro’s scale in a region which acts as a key logistics hub for continental Europe, as well as the Dutch domestic market.
The warehouses total 172,300 square meters (1.85 million square feet) of additional space and are in line with SEGRO’s investment criteria in terms of returns, location and quality, including:
A 98,000-square-meter (1.05 million-square-foot) modern logistics estate in Eindhoven, which was acquired from Nuveen. It was built in 2020 and is rated BREEAM In-Use Good. It consists of three units, currently fully leased to GXO and Rhenus.
A 37,800-square-meter (406,875-square-foot) newly built logistics warehouse in Heerlen in the De Beitel industrial estate. It was acquired from VolkerWessels & Vestum and is
