The investment reflects the firm's commitment to the Dutch market, with total capital deployed in the Netherlands reaching €175 million in 2024. This move underscores Clarion Partners Europe's strategy to invest in high-quality logistics assets amid compelling rental growth fundamentals in the region.
The recently acquired 39,363sqm logistics warehouse represents a key addition to Clarion Partners Europe's growing portfolio in the Netherlands, which now includes 15 assets encompassing 423,000sqm of warehouse space. Managed by Rory Buck, the managing director at Clarion Partners Europe, the firm targets investments in markets with low vacancy rates and limited development pipelines.
This acquisition not only demonstrates Clarion Partners Europe's ability to execute deals in uncertain times but also aligns with its investment strategy focusing on high-quality, sustainable properties. The Helmond warehouse, being fully let to a global wholesaler and certified BREEAM Very Good, is positioned near major arterial networks, serving over 18 million people within a 100km radius.