URBZ acquires four last mile facilities in Rotterdam and Amsterdam

URBZ Capital acquires four strategic last mile facilities on an off-market basis in Amsterdam and Rotterdam

On behalf of their capital partner Ivanhoé Cambridge, URBZ Capital (“URBZ”) is very pleased to announce the acquisitions of four urban infill facilities in Amsterdam and Rotterdam.

These business-critical assets totaling approximately 25,000 sqm have been acquired in two separate transactions on an off-market basis and are both located within the orbital ring roads of the Netherlands’ two largest cities.

The asset in Amsterdam was bought from BLVG Ontwikkeling and is located in the Sloterdijk area, within a 5 minutes drive time to Amsterdam city center and walking distance to the Sloterdijk train station. The three facilities in Rotterdam were purchased from Bidfood in a sale-and-lease back transaction and are situated in the sought-after Spaanse Polder industrial park which is approximately 5 minutes drive time from Rotterdam CBD.

URBZ’ business plan is to continue to upgrade these facilities to latest generation last mile facilities in line with the URBZ Standard® which is focused on key social, sustainable and technological standards.

As a real estate boutique, URBZ focuses on creating CO2 neutral and societally accretive last mile urban real estate in key cities in the Netherlands, Belgium, Germany and the Nordics. URBZ sees the most immediate need for sustainable solutions in the cities with high population densities and which experience favourable consumption and demographic growth. In order to address the customers’ challenges and to meet the needs of tomorrow’s consumers, URBZ aims to support the new last mile supply chain by providing well-designed urban logistics real estate.

We would like to thank our trusted partners for their support throughout the process: 1530 Real Estate (Rotterdam), Platform Real Estate (Amsterdam), AKD Lawfirm (Rotterdam), Clifford Chance (Amsterdam), Stevens van Dijck and ERM (both transactions).