CBRE GI sells three logistic distribution centers in the Netherlands

CBRE Global Investors has completed the sale of three Dutch logistic distribution centers, on behalf of the CBRE European Industrial Fund.

The portfolio of approximately 56.000 sqm has been acquired by the Blackstone Real Estate Partners Europe IV and will be integrated with Logicor, Blackstone's European logistics' platform.

The sale is an integral part of the relaunch of the CBRE European Industrial Fund, where the platform targets to grow to a EUR 1 billion low-risk, sustainable core fund.
The transfer of the properties, located in Roosendaal (DC Gewenten, 15,514 m2), Tilburg (DC Posthoorn 18,156 m2 ) en Wijchen (DC Bijsterhuizen, 22,900 m2) has taken place last Tuesday 11 March.
Vendor CBRE Global Investors was advised by CBRE, Houthoff Buruma and Quares. Blackstone Group International Partners LLP was advised by JLL, Loyens & Loeff, CVO and Deloitte.