Blackstone picks up Dutch industrial assets for €66m

US private equity giant Blackstone has acquired a portfolio of 17 industrial assets in the Netherlands from local investor Urban Industrial for around €66 mln.

According to information filed with the Dutch land registry, the assets were sold to United NL I and II, entities affiliated to Blackstone. The information further reveals that the properties are located across the country (see below) and comprise a total 110.000 m² of space.  

Ten of the 17 assets are properties which Urban Industrial acquired as part of a portfolio from Dutch investor NSI in 2016 and two others were purchased in the same year from Syntrus Achmea Real Estate & Finance.

The assets are located at the following addresses:

Capelle aan den IJssel, Hoofdweg 22-26
Eersel, Meerheide 29-35 en 39-51
Hoofddorp, Kruisweg 765 (pictured)
Schiphol-Rijk, Caprionilaan 2a, 6
Amersfoort, Modemweg 5-23 en 27
Dedemsvaart, Marconistraat 5
Deventer, Dordrechtweg 19-25 en Roermondstraat 1-11
Duiven, Impact 1-15a
Gorinchem, Edisonweg 5
Roermond, Ringweg 2
Roermond, Ringweg 6
Wormerveer, Vrijheidweg 34-40
Zeewolde, Edisonweg 24

Urban Industrial was established in 2015 and specialises in industrial investment in the Netherlands. The company also provides loans for the sector and has built up a portfolio of around €50 mln in the last three years.


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