Aviva Investors acquires two logistics assets in the Netherlands

(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has acquired two institutional-grade logistics assets in the Netherlands from Delin Property, the European property developer and investor specialising in logistics real estate.

The assets, which together total 61,463 sq m, are located in Tilburg-Waalwijk and Waddinxveen, two major logistics hubs in both the Netherlands and Europe.

The asset in Waddinxveen, which comprises 44,143 sq m of logistics space, is located close to junctions with the A12 and A20 road networks, providing direct access to the Port of Rotterdam and the German hinterland, as well as Amsterdam, Utrecht and The Hague. Originally built in 2011, the asset is leased to a logistics service provider focused on food, beverages and retail.

The second asset is located in Tilburg-Waalwijk, which is considered the top logistics hub in the Netherlands due to its strategic location between the ports of Rotterdam and Antwerp. Constructed in 2014, this logistics building covers 17,320 sq m and is currently leased to a leading developer and supplier of mechanical-packaging technologies and systems for manufacturers and suppliers.

Daniel McHugh, Managing Director, Real Estate, Aviva Investors, said:

“The Netherlands is one of Europe’s most established logistics locations and we are delighted to build our presence in such a significant market. Both facilities align well to our pan-European real estate investment strategy, occupying prime locations for distribution at both a national and international level.”

Tijs Derison, MD Benelux of Delin Property, stated:

“Delin will look to recycle the proceeds from this transaction in order to grow our portfolio in The Netherlands further, in line with our strategy. We congratulate Aviva Investors with the acquisition of these two high-quality buildings located in two well-established logistics hotspots in the Netherlands.”

Aviva Investors Real Assets was advised by Savills and DLA Piper. Delin Property was advised by CBRE, CVO and CMS. 

For more information contact:

James Morgan

Media Relations Manager

Steve Ainger

Head of Media Relations

Important information:

he inration and opinions contained in this document are for use by the financial press and media only. No reliance may be placed for any purpose on the information or opinions contained in this document nor should they be seen as advice. 

The press release is provided on the basis that Aviva Investors Global Services Limited is not causing the communication of a financial promotion under exemption of the Financial Promotion Order, as Aviva Investors Global Services Limited has no control over the way in which an article based on this press release is prepared and published by the financial press and media. 

Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as at 05 March 2019.  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 as at 30 June 2019.

AVIVA PLC

  • Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers.
  • In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index. 
  • Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and manages over £346 billion in assets (as at 30 June 2019). Total group assets under management at Aviva group are £501 billion (as at 30 June 2019).
  • Aviva helps people save for the future and manage the risks of everyday life; last year we paid £32.9 billion in claims and benefits on behalf of our 33 million customers.
  • By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.
  • The Aviva newsroom at www.aviva.com/newsroom includes links to our image library, research reports and our news release archive. 
  • For an introduction to what we do and how we do it, please click here www.aviva.com/about-us