1530 Real Estate advises URBZ Capital on the acquisition of a cross-dock facility in Utrecht
16
july
URBZ Capital, in collaboration with NW1 Partners, has acquired a cross-dock logistics distribution center in Nieuwegein from PATRIZIA. The property comprises a cross-dock facility of approximately 10,633 m² and a plot of approximately 20,000 m². It is situated on a business park in Nieuwegein, one of the most sought-after logistics locations in the Utrecht region. The combination of a strategic location and a short remaining lease term offers an attractive opportunity for repositioning and value creation in the short term.
URBZ Capital intends to thoroughly renovate and make the building more sustainable, so that it aligns with modern logistics standards, before offering it to the market again. The upgrades focus on improving operational efficiency, sustainability performance, and the overall quality of the property, fitting the growing urban economy of the Utrecht region.
“This acquisition confirms our conviction that Utrecht is one of the most attractive logistics locations in the Netherlands,” says Isabelle Schols, Investment Director Netherlands at URBZ Capital. “The combination of a prime location, a short lease term, and clear repositioning potential fits perfectly with our investment strategy.”
In this transaction, URBZ Capital was commercially advised by 1530 Real Estate, legally advised by DLA Piper, structurally by Savills BPC, and on environmental matters by ERM. Seller PATRIZIA was advised by Savills.
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