Logistics Capital Partners invests in Ghent-Zuid in a new built-to-suit 42,100 m2 logistics facility.

Tim Harrup

As most analysts continue to see a bright future for the logistics sector due to increasing e-commerce among other factors, a new speculative project has been announced in Belgium. London-based developer and asset manager Logistics Capital Partners, specializing, as its name suggests in logistics, has acquired a site at Genk. The Belgian offices of LCP are located in Leuven.

The project recently announced by Logistics Capital Partners consists of a new built-to-suit logistics facility with a total surface of 42,100 square metres of warehousing. This site is located in the Genk-Zuid zone and is thus strategically positioned in the Belgian EU-Region, with excellent cross-border connections. The Euro-Region, as this cross-border region is known, embraces parts of Belgium, the Netherlands and Germany. It is generally cited as being within a reasonable truck drive of some 50 million consumers, taking in as it does the Ruhr Valley area of Germany with Düsseldorf and other major cities nearby, along with the Maastricht and Liège regions. The site and offers tri-modal access by means of water, rail and road.