M&G Real Estate adds €100m Dutch logistics portfolio

M&G Real Estate has acquired the Liberty Logistics Portfolio for €100 mln on behalf of the M&G European Property Fund. 

Logistics

This move adds three modern, sustainable logistics properties in the Netherlands, strengthening the Fund's presence in what is considered one of Europe's top-performing and most resilient logistics markets. This marks the Fund's tenth transaction in the Dutch market.
The Netherlands plays a critical role in European supply chains, especially as automation and reshoring trends redefine global logistics. Despite some recent slowdowns in take-up across parts of Europe, the fundamental strengths of the Dutch logistics sector remain robust. Vacancy rates are among the lowest in Europe, hovering around 5%, while development pipelines are shrinking due to land scarcity, environmental regulations, and grid capacity limitations.
The Liberty Logistics Portfolio includes three recently constructed warehouses located in Aalsmeer (Schiphol region), Almere (near Amsterdam), and Utrecht. All properties are situated within established logistics corridors of the Randstad. The Almere and Utrecht assets offer excellent connectivity to major highways and multimodal transport links, while the Aalsmeer property benefits from its proximity to the critical international trade gateway of Schiphol airport.
All three assets meet high-quality specifications and have achieved BREEAM Very Good certification, with the Almere office component receiving a BREEAM Outstanding rating. Collectively, they provide over 74,000 m2 of logistics space, combined with excellent transport links and ESG-compliant features. Key features include fossil fuel-free heating, intelligent heating and cooling systems, and LED lighting. 
Laurien van Wieringen, director of Investment and Asset Management for the Netherlands at M&G Real Estate, said: “The Dutch logistics market is Europe’s densest logistics hub, thanks to its central location and strong infrastructure. With a solid outlook for prime rental growth of around 3% annually, this remains one of the most attractive markets. This acquisition taps into that momentum and gives us high-quality, sustainable assets in strategic hubs ready for the future.”
Simon Ellis, fund manager of the M&G European Property Fund, added: “This acquisition underlines our confidence in the Dutch logistics market and is in line with our strategy for the Fund, which is to enhance our portfolio through selective acquisitions, particularly in the logistics and living sectors. These assets combine prime locations, modern specifications, and strong sustainability credentials, offering long-term income resilience and positioning the Fund to capture value as supply chains evolve – a clear reflection of how sustainability has become a decisive factor for capital allocation, with assets boasting strong ESG credentials commanding a premium.”
The latest acquisition increases the logistics sector’s share to 27% of the Fund's total portfolio. 
CBRE provided advisory services for the transaction.