Edmond de Rothschild Real Estate Investment Management has acquired a logistics property in the Netherlands for the Edmond de Rothschild Euro Industrial Real Estate Fund. Built in 2008, the 8,500 sqm warehouse is located in Bleiswijk on the Prisma business park near the A12 motorway between the The Hague and Utrecht. René de Heus, Head of Investment Benelux at Edmond de Rothschild REIM said the asset matched the fund’s strategy for acquiring high-quality logistics and light-industrial buildings in urban locations with strong transportation links. The open-ended fund, which targets an average net income annualized return north of 6 percent, was advised by VBC Notarissen, SGS Serach and Hopman & Schreuders. Its portfolio includes 14 assets with a GAV of around €85m.
