M&G acquires two logistics properties in the Netherlands

M&G Real Estate has expanded its European logistics portfolio by acquiring two prime logistics properties in Tilburg, Waalwijk, the Netherlands, for its M&G European Property Fund.

Gilze and Tilburg

Five8 boasts modern, sustainable features such as photovoltaic panels and electric heat pumps. It offers excellent connectivity and long-term leases with VAHB and Trexico Logistics. The 33,032 m2 asset has 300 car parking spaces and features BREEAM* In-use ’Very Good’ certification and EPC label A++++ (office space). The vendor is Delin Property.

Acquired from Schenker Nederland, Pulse is a fully refurbished 19,216 m2 cross-dock distribution facility that is leased on a long-term basis to DSV. It features BREEAM* In-use ’Very Good’ certification and EPC label A+++ (office space).

These acquisitions build on the Fund's previous purchase of a €100 mln Dutch logistics portfolio in December 2025.

The European Property Fund now holds 11 assets in the Netherlands.

Simon Ellis, fund manager of the M&G European Property Fund, said: “Global trade disruption is reinforcing the need for more resilient, locally anchored supply chains, driving demand for a wider range of logistics facilities, particularly in gateway markets like the Netherlands. These two high‑quality assets further enhance the Fund’s income‑resilient profile and increase our logistics allocation to 27%, positioning the portfolio to capture sustainable rental growth and long-term value for our investors.”

Laurien van Wieringen, director of Investments & Asset Management in the Netherlands for M&G Real Estate, added: “The Netherlands offers strong demand from occupiers, excellent transport links and an active property market. These two assets are located in the Tilburg–Waalwijk area, at the heart of one of the Netherlands’ key logistics corridors. Both are fully occupied and provide reliable income, with long‑term appeal that reflects what our clients are prioritising today. Well‑located logistics assets with strong rental growth are well-positioned to perform over the long term.”

Duncan Jarvis, head of Portfolio and Asset Management Europe at Delin Property, said: “We are delighted with the sale and our collaboration with M&G and all advisors. We are recycling capital for the new growth strategy for our proprietary portfolio, which we announced in January with the purchase of three development sites in the Netherlands and Spain.”  

Over the last year, the M&G has invested around €430 mln in logistics properties across Europe.

NL Real Estate, Knight Frank, CMS, Svalner Atlas and Tiberghien Luxembourg advised Delin Property on the sale, while Savills, Arcadis and Hogan Lovells advised the M&G fund.