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Logistics centres bought by CBRE Global Investors

CBRE Global Investors has announced that, acting on behalf of the CBRE Logistics Venture, it has acquired three prime logistics assets located in Belgium. The seller is the Belgium investor/developer MG Real Estate. The purchase price was not disclosed.

The newly acquired assets currently have a total of 59,220m² GLA, and include two potential future developments totalling an additional 77,328m². Once finalised the total GLA will amount to 136,548m². Located in MG Park De Hulst in Willebroek, the distribution centres are leased to Nedcargo and household appliance retailer Vanden Borre.

The properties benefit from a unique location at the heart of the golden triangle (Antwerp-Ghent-Brussels) and enjoy an excellent connection to the A12, the E19 and the direct access to the loading and unloading quay along the Brussels-Schelde canal.

CBRE Global Investors was advised by Linklaters, Loyens & Loeff and CBRE. MG Real Estate was advised by DLA Piper.










| 30/08/2018

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