Aviva Investors to develop logistics warehouse in the Netherlands

(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has started the speculative development of a logistics warehouse in the north of Rotterdam on behalf of one of its clients, which it expects to be completed in the second quarter of 2021.

Designed by Heembouw Architecten and located in the Business Park Oudeland – Berkel en Rodenrijs, the warehouse covers approximately 20,300 sq m of lettable space and benefits from connectivity to local and international distribution hubs, including nearby Rotterdam airport and harbour.

It will aim to achieve a BREEAM Very Good rating upon completion.

The property adds to Aviva Investors’ portfolio of logistics assets under management in the Randstad area, which includes the recent acquisitions of a warehouse of 40,000 sq m let to Rotterdam Polymer Hub BV and two institutional-grade logistics assets in Waalwijk and Waddinxveen.

Adrien Beuriot, Head of Asset Management, Continental Europe, at Aviva Investors, commented:

“We are delighted to be developing this asset which grows our portfolio under management in the Randstad region, one of Europe’s most established logistics hubs. We are confident this particular space will perform well in our overall portfolio given its location, which will be further strengthened when the proposed extension to the A16 motorway is completed in 2025, increasing its connectivity and enhancing its value.”

Rolf Verdel, Investor Relations Manager at Heembouw, added:

“As a turnkey contractor with in-house architects, Heembouw can serve an investor like Aviva Investors from start to finish. Thanks to our knowledge of available building areas and the high-quality design from Heembouw Architecten, Heembouw has, in close cooperation with the team of Aviva Investors, turned this investment opportunity into a beautiful project."

Aviva Investors was advised by DLA Piper, Royal Haskoning, Cushman & Wakefield and ELREP.  

For more information contact:

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James Morgan

Media Relations Manager

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Steve Ainger

Media Relations Manager

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Rob Davies

Head of PR and Thought Leadership

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Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as at 03 June 2020. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature.  The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested. 

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.  Registered Office: St Helen's, 1 Undershaft, London, EC3P 3DQ   Authorised and regulated by the Financial Conduct Authority.

Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as at 08 June 2020. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature.  The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested. 

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.  Registered Office: St Helen's, 1 Undershaft, London, EC3P 3DQ   Authorised and regulated by the Financial Conduct Authority.

Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £346 billion in assets as at 30 June 2019.

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