Clarion Partners Europe acquires two Dutch logistics assets for €80 million

Clarion Partners Europe, a real estate investment fund manager specializing in European logistics and industrial assets, has completed the acquisition of two logistics properties in the Netherlands for approximately €80 million. This strategic investment is part of Clarion’s broader initiative to expand its footprint in key European logistics hubs.

The first property, located in Helmond, encompasses 39,363 square meters and was acquired for €49.7 million from Dutch developer Next Level. Constructed in 2022, this institutional-quality warehouse boasts a BREEAM Very Good certification and is fully leased to a global wholesaler. Helmond, situated 15 kilometers east of Eindhoven, is a rapidly growing logistics and industrial hub with excellent connectivity to major arterial routes, including the N270 and A67, facilitating access to Belgium and Germany.

The second asset, a 32,000 square meter Grade-A warehouse in Waspik, Waalwijk municipality, was secured through a forward purchase agreement with Next Level. Currently under construction, this facility is expected to be completed by the second quarter of 2025 and aims for a BREEAM Excellent certification. Waalwijk is recognized as one of the Netherlands’ most established logistics hubs, characterized by historically low vacancy rates and proximity to major logistics corridors, providing direct routes to Europe’s largest ports in Antwerp and Rotterdam.

These acquisitions align with Clarion Partners Europe’s strategy to invest in high-quality logistics assets situated near major urban centers and transportation networks. Rory Buck, Managing Director at Clarion Partners Europe, commented, “The fundamentals underpinning the logistics rental growth story in the Netherlands remain compelling, with very low vacancy rates and a limited development pipeline. Our ability to provide deal execution certainty during uncertain times is enabling us to maintain our deployment momentum across our high conviction markets.”

With these investments, Clarion Partners Europe continues to strengthen its presence in the Dutch logistics market, reflecting confidence in the sector’s long-term growth prospects.