GEM & Tristan acquire logistics property in Moerdijk together
GEM Real Estate, in collaboration with Tristan Capital Partners ("Tristan"), has acquired a newly developed logistics building of 15,600 m² in their joint logistics value-add platform.
In addition to its own logistics development and investment activities, GEM Real Estate, together with Tristan, will focus on building a large logistics value-add portfolio in the Netherlands in the coming years. The joint venture between the Tristan-managed fund, European Property Investors Special Opportunities 6 ("EPISO6"), and GEM will primarily focus on purchasing and optimizing (urban) logistics properties starting from 8,000 m² across the Netherlands. This may include sale-and-leasebacks, forward funding transactions, and existing logistics real estate that is vacant or (partially) leased.
The acquired property has a total leasable area of 15,600 m², consisting of 13,757 m² of warehouse space (with a 12.2 m free height), 340 m² of office space, 1,503 m² of mezzanine, and 62 parking spaces on its own premises. It is an all-electric, BREEAM Very Good certified building. The property is ready for lease.
The seller, a private owner of a brownfield site, developed the property in collaboration with Bouwbedrijf Vrolijk. The buyer was commercially advised by De Mik Real Estate Partners, technically by C2N, legally by Loyens & Loeff, and fiscally by PwC. The seller was commercially advised by De Lobel & Partners Real Estate Experts, technically by Vrolijk Group, legally by Schaap Advocaten Notarissen, and fiscally by Witlox VCS.
About GEM Real Estate
GEM Real Estate, a risk-bearing developer and investor in logistics real estate, is a strategic collaboration between founder Willem Slager and Timeless Investments, the family office of the Van Veggel family.
About Tristan Capital Partners
Tristan Capital Partners is a real estate investment manager specializing in value-add investment strategies across all property types throughout Europe and the UK.
Tristan’s pan-European property funds encompass core+, opportunistic, and debt strategies, with total assets under management exceeding €15 billion from private and institutional investors.
The company was founded in 2009 and is headquartered in London, with offices in Luxembourg, Paris, Amsterdam, Frankfurt, Milan, and Madrid. Tristan is part of New York Life Investments. It is authorized by the Financial Conduct Authority and complies with MiFID regulations.
