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Equity Estate has further expanded the Propco portfolio by acquiring a logistic building with offices, located at IJsseldijk 29 in Apeldoorn.
Part of the building is currently under construction, the existing part is built in 2008. The total size amounts to approx. 17,500 sqm of warehouse and approx. 750 sqm of offices. Aan de Stegge Twello has started the construction and completion is expected in May 2019. The entire building is let to SILS, a logistics provider, based on a long-term lease.
The property is located on business park “Ecofactorij”, directly adjacent to the A1 and A50 motorways. Other companies located on Ecofactorij are for example Royal Reesink, GVT, Sandd, Wasco and VDL.
After the acquisition of five industrial/logistic buildings, in Dordrecht, Rijnsburg, Beuningen, Moordrecht and Amsterdam, this is the sixth industrial/logistics acquisition in 24 months’ time. The intention is to grow the Propco portfolio further in 2019, with industrial and logistics buildings with long-term leases on strong locations.
JLL advised seller in the deal. Equity Estate was represented by Shamrock Vastgoed BV.
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