The seller of the property is developer AM, with construction being carried out by Bouwbedrijf Aan de Stegge. This marks the second transaction under the investment mandate to build a European logistics portfolio, the focus of which is on high-quality core assets in established prime logistics locations. The first acquisition was a newly built logistics center in Hamburg-Billbrook, which was added to the portfolio at the end of 2024. Alongside Tilburg, Rotterdam and Venlo, Schiphol is one of the most sought-after logistics hotspots in the Netherlands. Its immediate proximity to Schiphol Airport as well as the Port of Amsterdam ensures resilient long-term occupier demand.
The property itself is being developed as a state-of-the-art logistics facility offering approximately 45,000 sq m of lettable space, above-average construction quality and flexible usage options. The development will be built using sustainable construction materials and equipped with a photovoltaic system on the roof areas, enabling tenants to use the electricity generated on site. The property is targeting BREEAM “Excellent” certification. The project is located in Schiphol Trade Park, the first business park in the Netherlands to receive BREEAM area certification. Completion of the distribution centre is scheduled for the first quarter of 2027. A first lease agreement has already been signed with logistics service provider Van der Helm Logistics.
“Now is a good time to invest counter-cyclically. While there are isolated cases of location consolidation among individual logistics tenants, the sector’s long-term fundamentals remain robust. We continue to see structurally strong demand for the right assets in the right locations. With the forward funding of the Schiphol project, we have secured a high-quality core logistics asset in a prime logistics location within one of Europe’s most stable and in-demand markets at an early stage.The project stands out due to its excellent connectivity, high degree of space flexibility and strong ESG credentials, making it an ideal fit for the long-term core strategy of our institutional investor,” says David Seydt, Associate Director, Fund Management at Savills IM.
“The Dutch logistics market is one of the most active, established and liquid markets in Europe. It benefits from its strategic location and close proximity to Europe’s largest consumer markets, as well as from its highly developed transport and infrastructure network. The ports of Rotterdam and Amsterdam, together with Schiphol Airport, serve as key European gateways for the movement of goods. Schiphol is also regarded as one of Europe’s leading air cargo hubs. A large share of logistics activity is concentrated along the main transport corridors linking these hubs with the European hinterland. We are continuously looking for exactly such high-quality logistics assets in strategically relevant locations,” adds Marcel Fleminks, Co-Head Netherlands at Savills IM.
Savills IM has been advised by Loyens & Loeff, Luther (legal/tax), Savills BPC (technical) and JLL (underwriting).