Henley completes sale of Rotterdam industrial asset

Henley Investment Management has completed the sale of a circa 15,000 m2 light industrial property at the Noordwest business park in Rotterdam, the Netherlands.

Noordwest business park, Rotterdam

The multi-let asset has been acquired for an undisclosed sum by a local property company formed through a joint venture between Van Houwelingen Vastgoed and Crossing Border Development. The property provides a mix of office, studio and storage accommodation.

Located at Corkstraat 46, the asset sits within Rotterdam’s prime industrial and logistics district, benefiting from excellent access to key road and rail links, strong connectivity to The Hague and Rotterdam The Hague Airport, and close proximity to the Netherlands’ second-largest city.

Tom Webster, director of Asset Management, Henley Investment Management, said: “We are pleased to have executed the sale of this asset, taking the opportunity to recycle our capital as we look to accelerate our growth strategy, primarily in the living, office and industrial and logistics sectors.”

JLL and Greenberg Traurig acted for Henley Investment Management.