Clarion Partners Europe extends Dutch footprint with twin warehouse acquisitions

Clarion Partners Europe has expanded its Dutch logistics portfolio with the acquisition of two fully leased warehouses in North Brabant for a combined €50 million, continuing its deployment momentum in one of the Netherlands’ most supply‑constrained distribution regions.

Tilburg

The assets, acquired on behalf of one of the firm’s co‑mingled funds, are located in Eindhoven and Tilburg, two of the country’s most established logistics hubs. Both properties are modern, ESG‑compliant facilities with strong tenant covenants and immediate access to key motorway networks.

In Eindhoven, Clarion Partners Europe has purchased a 17,000 sq m warehouse and office complex on the Business Park Nieuw Acht / GDC Eindhoven Acht business park. Completed in 2020 and certified BREEAM In‑Use very good, the property is fully let to a leading Dutch fresh‑produce wholesaler. The site benefits from direct access to the A2, A50 and N2 ring roads and proximity to Eindhoven Airport.

In Tilburg, the company has acquired a Grade A, 16,226 sq m warehouse built in 2019. The fully institutional asset, also BREEAM very good certified, is fully leased. Tilburg forms part of the core Brabant logistics corridor, where Clarion Partners Europe already owns several assets, and offers immediate access to the A58, A65, A67 and A2 motorways.
Neli Mihova, Vice President at Clarion Partners Europe, said the acquisitions align with the firm’s strategy of targeting generic assets in core logistics markets with strong ESG credentials, delivering robust day‑one income and downside protection through reversionary potential.

Rory Buck, Managing Director, added that higher financing and construction costs are constraining new development, pushing vacancy rates for prime assets in Europe’s leading distribution hubs to historic lows. He said current market dislocation presents a compelling window to deploy capital in a disciplined manner.

Clarion Partners Europe was advised by Loyens & Loeff, Grant Thornton and Arcadis on the Eindhoven acquisition, with NL Real Estate Knight Frank advised the seller. For Tilburg, the company was advised by Houthoff, Arcadis and Cushman & Wakefield.