Blackstone / Mileway
Blackstone/Mileway has leased c. 1,167 sq m office space at the Amsterdam South Axis.
Mileway has signed a long term lease agreement of approx. 1,167 sq.m. office space as well as 30 parking spaces for their new headquarters in office building “Atrium” at the Amsterdam South-Axis. Mileway will lease the 7th floor of the newly constructed South Tower, which is part of the multi-tenant Atrium office complex
The new company owns and operates approx. 1,000 last mile logistics assets that have been acquired by real estate funds managed by Blackstone over several years.
Mileway’s logistics properties, which are predominantly located within and around major European cities serving the last mile needs of its tenant base, total more than 9m sq.m. The portfolio spans urban centres across Europe’s largest economies, including the UK, Germany, France, Spain, the Nordics and The Netherlands. The company will continue to expand its portfolio in existing and new markets.
Emmanuel Van der Stichele, formerly a fund manager for logistics developer-investor Goodman, has been appointed as chief executive of Mileway.
Emmanuel Van der Stichele, CEO, Mileway: “The growth of e-commerce and urbanization is intensifying the requirement for faster logistics solutions. Mileway is the number one gateway to urban markets, and we are uniquely positioned to help businesses shorten delivery times, grow their customer base and scale geographically.”
James Seppala, head of Blackstone Real Estate Europe: “Mileway is a natural evolution of our European logistics strategy, which is one of our highest conviction, long-term investment themes. As the largest last mile logistics real estate company in Europe, Mileway will meet growing e-commerce-related demand for last mile logistics real estate, facilitate faster delivery times and support the growth of small and large businesses.”
The Atrium office complex is one of the highest quality office complex in Europe. The buildings were constructed between 2017 and 2018 and are recognized as one of the most prominent office buildings in the Netherlands.
NL real estate – Knight Frank advised Blackstone/Mileway during the entire commercial process.
