“We have been advising Equity Estate for over 15 years and have greatly enjoyed the relationship and seamless collaboration with the Equity Estate team.

Jean-François Vandenberghe, Lawyer (partner), Baker & McKenzie, Brussels

Equity Estate acquires warehouse building in Moordrecht

18-12, 2017

Equity Estate has further expanded the Propco portfolio by acquiring a warehouse building with offices, located at the Zuidbaan 525-527 in Moordrecht.

The buildings, that originates from 2007, are purchased from and leased to Gouda Constructie B.V., a welding and construction company, at a long-term lease contract, and partly leased to Vitamine & ZO B.V., a fresh fruit delivery company. The buildings consists of approximately 4,500 m² of warehouse space, 600 m² of office space in total and paved outdoor area with 80 parking spaces. The property is located on business park “Gouwe Park” directly adjacent to the A12 and A20 motorways.

After the acquisition of four industrial/logistic buildings, in Dordrecht, Rijnsburg, Beuningen and Amsterdam this is the fifth industrial/ logistics acquisition in 18 months’ time. The intention is to expand the Propc portfolio with EUR 30 to 50 mio in 2018, with industrial and logistics buildings with long-term leases on strong locations.

Abram Makelaardij advised Beheermaatschappij Tergouw B.V. in the deal. Equity Estate was represented by Industrial real estate partners , and Van Benthem & Keulen acted as a legal advisor.

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