Rotterdam, Netherlands, 11 February 2019 – Delin Capital Asset Management (“Delin”) together with its Joint Venture partner Van Der Helm, is pleased to announce that it has secured a lease agreement with Yusen Logistics, a leading logistics service provider, at its recently completed 26,100 sqm warehouse facility at the Middenweg 10 in Moerdijk Port, the Netherlands.

The facility is located in West-Brabant, midpoint of the logistics corridor in The Netherlands and recently voted by as the top logistic hotspot in the Netherlands. Close to the main ports of Antwerp and Rotterdam, this location provides excellent multi-modal connections to the Benelux and Germany.

Completed at the end of 2018, the building benefits from a very high standard of modern specifications, with additional office space including two terraces offering panoramic views. The warehouse features partially ultra-flat floors to cater for narrow aisles, whilst meeting the highest standards in sustainable warehouse design with a solar panel ready roof and a high efficiency LED intelligent lighting system.

The Netherlands continues to be a major market for Delin. Following several major leasing announcements in January, Delin has a significant programme of asset management and development activity planned for the remainder of 2019 across its 700,000 sqm of investment assets and 300,000 sqm of development projects

Tijs Derison, Managing Director Benelux, commented: “Securing a major logistics provider so soon after practical completion demonstrates the market leading warehouse design and construction capabilities of our team and partners. Whilst Delin is a beneficiary of the Netherlands’ strategic position in Western Europe and the favourable demand supply dynamics for logistics space, the strength of our team and local occupier relationships will allow us to continue realising significant value for our investors through our diverse range of activity.”

In this transaction, Delin was advised by CBRE and Cushman & Wakefield, Van der Helm by TLF Real Estate and Yusen Logistics by Industrial Real Estate Partners.

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