Ghent Logistic Campus comprises a total of 149,409 sq m of new, state-of-the-art Grade A warehouse space, 26,854 sq m of mezzanine space and 7,957 sq m of office space. Heylen Warehouses is leasing the entire campus through a long term master lease agreement and will remain responsible for the management of the building.  

The asset is situated in a modern, multimodal transportation hub in The Port of Ghent. It is easily accessed via several key European motorways, including the R4 (J. Paryslaan), the E34 (Antwerp-Ghent-Zeebrugge) and the E17 (Antwerp-Ghent-France), and is set to benefit from ongoing major infrastructure works in Antwerp and Ghent.

Ralph Caspanni, CEO Heylen Warehouses: “After our exponential growth in the Netherlands , we noticed an increasing demand for Logistic Warehouses in Belgium. By the development of the Ghent Logistic Campus, Heylen Warehouses will be able to fulfill the demand for large flexible warehouse space and support the further economic development of the Ghent Region.”

Piet van Poppel, Country Manager Belgium, CBRE Investment Management, said: “This was a rare opportunity to acquire a high-quality logistics campus in Belgium – a market that is highly sought after by international investors due to its strong fundamentals but remains difficult to access due to the high level of domestic investment. Ghent Logistic Campus is already located in a key multimodal hotspot and its appeal is set to increase further following the completion of key infrastructure works and as part of the broader shift to water and train transportation.”

Heylen Warehouses was assisted by Allen & Overy (legal) and Savills (commercial). CBRE Investment Management was advised by Linklaters.