17 May 2021
AMSTERDAM, 17 MAY 2021
Frasers Property Industrial has successfully acquired a 98,758 sqm development site between the Lageweg and the Nieuwe Kadijk in Breda, the Netherlands.
In cooperation with Roozen van Hoppe, Frasers Property Industrial will develop CityLog Campus Breda on the new site. CityLog Campus will comprise of two purpose-built premium logistics facilities, with approximately 50,000 sqm of lettable floor area in total. The site is strategically located in close proximity to the A27 highway and Breda’s city centre.
The warehousing facilities can be completed in 2022 and are currently available for lease. Bridgegap and JLL are the appointed leasing agencies.
Frasers Property Industrial is targeting a BREEAM-NL ‘Very good’ certification or beyond for the industrial facilities at CityLog Campus Breda.
Alexander Heubes, Managing Director Europe at Frasers Property Industrial, comments: “With the current high levels of demand for warehouse space in Europe, it was the perfect time to strategically acquire this 10-hectare site and expand our presence in the Netherlands. We’re looking forward to launching CityLog Campus Breda and welcoming customers to the sustainably designed, well-located and flexible logistics facilities.”
Hendrik Roozen, Chief Executive Officer at Roozen van Hoppe, said: “As a developer and builder of logistic parks and buildings in the Netherlands, we are excited to collaborate with a renowed party such as Frasers Property Industrial on this very well located site in Breda. Our aim is to develop this site according to Frasers Property Industrial’s sustainability and design targets to make CityLog Campus Breda a real life example of how city logisitics can be integrated in their environment.”
Frasers Property Industrial was advised by CVO (technical and environmental) and Loyens & Loeff (legal and tax) on the transaction.