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Another 60,000 m² for Eutraco

Image: Eutraco
Image: Eutraco

Within a context where some experts are predicting that logistics real estate will be one of the sectors to emerge positively from the current crisis, another major move in this domain has been announced. Advised by broker JLL, MG Real Estate has pre-let a build-to-suit facility to logistics and transport operator Eutraco.

The facility will be built in the De Hulst logistics park at Willebroek (owned by MG), located on the Brussels-Schelde canal. It is thus in the immediate proximity of the N16 and the A12, close to both Willebroek and Mechelen. The new facility will in a first stage extend to just over 39,000 m of storage space and around 600 m of office and other space, to be occupied by Eutraco at the end of this year. Next year, a further 19,500 m of warehousing and another 600 m of offices will also be made available.

This latest move is significant both for Eutraco and for the De Hulst site. Firstly, where Eutraco is concerned, since the end of 2016 they have taken two sites of 20,000 and 30,000 m at St. Nikklaas (also via JLL). On top of this Eutraco has 38,000 m at Roulers and 12,000 m at Charleroi. The addition of a total of 60,000 m at Willebroek therefore brings the total for these premises alone to 160,000 m.

In terms of the Willebroek site, the new Eutraco transaction represents, says JLL, the last major turnkey project for this site. It is also the first transaction of this size on this particular logistics axis (Brussels-Antwerp) since 2014 and, states the broker, confirms the importance of this axis for logistics operators in Belgium. This axis is always the most sought-after where logistics locations are concerned.
Tim Harrup
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