AMB buys at Amsterdam's Schiphol Airport

AMB Property Corporation, the global developer and owner of industrial real estate, announced it is to acquire 10 hectares of land for a second phase of development at AMB Fokker Logistics Park, next to Amsterdam Airport Schiphol. At full build out, the land would support up to 76,300 m[sup]2[/sup] of development, which would bring the park's total area to 161,100 m[sup]2[/sup]. AMB has closed on the first of three tranches of the brownfield site, which AMB intends to fully develop over the next three years.

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