Realterm is pleased to announce the acquisition of Phase I of an eight property, highly functional high flow-through (HFT) portfolio located in the Netherlands. The six assets are located in primary and key secondary markets in the Netherlands, one of the most established logistics markets in Europe. Key HFT characteristics of the assets include transportation advantaged locations with excellent motorway access, significant excess parking, and an above market average number of loading positions. Realterm looks forward to closing on the two additional assets later this year.

"The acquisition of this Dutch portfolio reflects our strategy of investing along pan-European transport corridors in key logistics markets across Europe," said Balazs Lados, Managing Director. "We are excited to add these high-quality buildings to Realterm Europe Logistics Fund's (RELF) portfolio as they offer excellent functionality to a wide variety of our customers seeking efficient HFT buildings for final mile and transload operations."

Highlights of the portfolio include:

1. 103 dock-high loading doors
2. 35 oversized drive-in doors
3. 56,343 sqm of lettable area (408 sqm/door)
4. 45,765 sqm footprint on 112,407 sqm site area (41% coverage ratio)
5. Fully fenced and secure

Douglas van Oers, Director Logistics & Industrial at Savills in the Netherlands, comments: “Urban logistics continues to gain popularity. E-commerce is the main driver behind this and we have observed unprecedented levels of online retail sales growth while large parts of Europe were under lockdown. Given the positive fundamentals and the rise of e-commerce across Europe driving demand, international investors are continuing to compete over product. We are therefore very pleased to have been able to secure this portfolio on behalf of our client Realterm, representing their entry in the Dutch market.”

Colliers represented the seller and Savills represented Realterm in the transaction.