The race to secure logistics real estate in key parts of northern Europe has been heating up ever since the U.K. elected to leave the European Union in 2016. It is showing no signs of cooling
Notable investments this year alone include the €24 million ($26.5 million) purchase of a logistics warehouse in ‘s-Heerenberg by Aberdeen Standard in June, and the January purchase of a logistics facility fully leased to XPO Logistics in Oss by Europa Capital for €28.3 million.
At the end of 2018 Rhenus Logistics also opened one of the world’s most innovative distribution centers in the Netherlands, where it will further expand in 2020. And, more recently, Tigers announced it is building a new mega-hub near Rotterdam which will open in April 2020.
The latest investor to take the plunge is Tristan Capital Partners (TCP) which plans to invest €150 million ($165 million) in the next year as it builds up a logistics footprint in the Netherlands.
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