Logistics Centre Excellence
Acquired on behalf of Standard Life Investments logistics centre excellence in Tilburg.
The Standard Life Investments European Property Growth Fund has completed a deal with Dutch developer, Ontwikkelingscombinatie Scheg, for the turn-key delivery of a 35,974 sq m logistics centre at the Vossenberg business park in Tilburg, The Netherlands.
The logistics centre – which is due to be completed by the end of March 2018 – will include 31,927 sq m of warehouse space, 1,281 sq m of office space, and a 2,766 sq m mezzanine. The centre will also provide parking space for 260 cars and 21 trucks.
The Standard Life Investments European Property Growth Fund has been advised by Loyens & Loeff and NL real estate.