URBZ Capital & Grosvenor secure Waalwijk logistics facility

URBZ Capital, in collaboration with Grosvenor's Diversified Property Investments, has completed an off-market acquisition of a logistics property in Waalwijk, The Netherlands.

Waalwijk logistics - URBZ Capital

The 26,595 m2 modern logistics facility was purchased from Aberdeen.

It was built in 2018 at Van Hilststraat 19 and is strategically located within Waalwijk's prominent Business Park Haven 7. This area is known for its excellent multimodal transport links, offering direct access to the A59 highway and proximity to the barge and rail terminals in Waalwijk and Tilburg.

The property is fully leased to DP World Logistics, a global integrated logistics and port operator with a strong regional presence. This acquisition is particularly attractive due to its relatively short remaining lease term, which presents promising re-letting opportunities and significant potential for rent increases upon renewal. The facility is also flexible enough to accommodate either a single tenant or multiple tenants. Furthermore, the asset already meets current technical and sustainability benchmarks, with potential for specific enhancements to further align with URBZ Capital's standards.

Isabelle Schols, investment director at URBZ Capital, commented: “This is exactly the type of asset we look for — strong location, functional building, and a clear next step. We have secured the asset off-market and can now focus on execution: leasing and upgrading the building to drive performance.

Erika Birkett-May, director, Asset Management at Grosvenor DPI, said: “Our latest acquisition with URBZ Capital demonstrates the strength of the partnership and the effectiveness of the GDPI model. By backing specialist teams with deep local expertise, we are able to access high-quality, value-add opportunities and enhance performance through active asset management.”

URBZ Capital and Grosvenor are actively seeking new logistics real estate opportunities throughout the Netherlands. They aim to collaborate with occupiers, owners, and developers to create sustainable, future-proof logistics properties.

For this specific transaction, URBZ Capital received advisory services from Colliers, SGS, ERM, Clifford Chance, and Deloitte.