Swiss Life Asset Managers acquired a logistics facility in the Netherlands

Swiss Life Asset Managers and its subsidiary BEOS AG, which specializes in corporate real estate, have acquired a logistics facility in the Netherlands for the “ESG European Thematic Income & Growth“ (TIGR) fund. The seller is a subsidiary of Arbon Holding BV. The parties have agreed not to disclose the purchase price.

Built in 2019, the facility offers a total of 19,240 square meters of lettable space. It is fully let to six companies. The property is located at Utrechtsestraatweg 230 in Rhenen.

“With this transaction, which we hope will soon be followed by further purchases, we have acquired the first logistics facility for one of our funds in the Netherlands. The facility now purchased is characterized by its excellent location in the logistics corridor between Amsterdam, Rotterdam, The Hague and the Rhine-Ruhr region,” says Hendrik Staiger, CEO of BEOS AG and Head Industrial & Logistics Germany at Swiss Life Asset Managers.

BEOS is the group-wide competence centre for industrial and logistics real estate at Swiss Life Asset Managers and is responsible for the acquisition, development and management of properties in these types of use throughout Europe.

The ESG European Thematic Income & Growth fund aims to build and manage a long-term oriented sustainable European portfolio to acquire Core and Core+ properties in selected markets. Since its inception in 2019, the fund, categorized under Article 8 of the SFDR, has now grown to over €500 million and currently manages 10 properties in 6 European countries.

The logistics facility stands out due to its positive energy balance and is therefore also convincing from an ESG perspective. The share of renewable energy is around 120%. A photovoltaic system on the roof and a heat pump contribute to this. The energy certificate is issued with class A+++++.

“This high-quality and fully-let logistics facility is an excellent addition to our portfolio, especially with regard to our ESG focus, and contributes to the further diversification of the fund,” says Maureen Mahr von Staszewski, portfolio manager of the ESG European Thematic Income & Growth fund.

Colliers advised the seller on the transaction.