Logistics real estate developer and investor GEM Real Estate has acquired, through a structured off-market transaction, a logistics property located at Visserijweg 4 in Oosterhout from Arab Bank, a fund managed by Savills Investment Management.
The property comprises a logistics complex of over 32,500 sqm, including 628 sqm of office space, situated on a 52,314 sqm plot. It is located in one of the Netherlands’ most important logistics hotspots.
The asset is strategically positioned directly next to the OCT barge and container terminal at the Weststad II business park in Oosterhout, ranked as the Netherlands’ number two logistics hotspot. The property is leased to Rietveld Logistics Group, which is also the owner of the OCT terminal.
Optimization and sustainability
In addition to optimizing the commercial lease terms, GEM will enhance the building’s quality and sustainability performance. The property will be upgraded into a modern and future-proof asset.
With this acquisition and business plan, GEM Real Estate further strengthens its position in strategic prime logistics locations in the Netherlands. This investment aligns perfectly with GEM’s strategy of unlocking the value-add potential of existing logistics real estate in the Netherlands. In addition to its value-add projects, GEM is redeveloping several brownfield sites under its GEMSTONE concept.
GEM Real Estate was legally advised by Florent, tax-advised by EY, and commercially advised by De Mik Real Estate Partners. C2N acted as technical advisor on behalf of GEM. The seller, Arab Bank, was legally advised by HVG.