Somerset Capital Partners sells distribution center to Union Investment. The new distribution center located at the Dutch Fresh Port business park (also known as Nieuw Reijerwaard) in Ridderkerk was delivered to the tenant last month.
The new-build development meets all contemporary requirements for a modern logistics operation. The building has a total surface of approximately 33,500 m², divided over approximately 30,800 m² of industrial space and 2,700 m² of office space. The distribution center is rated BREEAM excellent. The roof will be fitted with solar panels.
Somerset Capital Partners was advised on the sale by Loyens & Loeff and Solid Attorneys. Union Investment has been assisted by Loyens & Loeff and 3stone Real Estate.