GLP acquires 30,000 SQM of land in Amsterdam

Amsterdam, 22 November 2021 – GLP, one of the largest investors and developers of logistics warehouses and distribution parks in Europe, today announced that it has acquired 30,000 SQM of land located at Business Park Amsterdam Osdorp, The Netherlands from Heembouw Bedrijfsruimten West B.V. Construction that has commenced on a 24,000 SQM Grade-A warehouse facility for City Distribution. This addition is part of GLP’s plan to further expand its presence in the Netherlands.

Upon delivery, the facility is long-leased to a Dutch based pharmaceutical wholesale company for their last mile delivery and it will be constructed based on the most recent modern warehouse specifications. The facility will have a BREEAM Very Good rating upon completion. The expected delivery of the asset will be Q4 2022.

Business Park Amsterdam Osdorp is strategically located in the Netherlands, close to Schiphol Airport and the port of Amsterdam. In addition to easy access to transport by water and air, the warehouse is close to the A4, A5 and A9 motorways. In addition, the A2 motorway is an important connection between the Amsterdam region and the north and south of the Netherlands, as well as the A1 connecting the region with the north of the Netherlands.

Philippe Hendriks, Country Director Netherlands & Belgium at GLP commented:
„GLP is working hard on its growth in the Netherlands and Europe. We are delighted to be able to add another high-quality logistics location to our portfolio that we can offer to existing and new customers. The warehouse is located at an excellent logistics location in the Netherlands, located on the logistics corridor between Amsterdam Airport Schiphol and the Nieuw-West district of the City of Amsterdam. Therefore, this location serves both the general logistics as well as the last mile/ the city hub function which will become more and more important in the near future.”

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Media Contact: Niels Broekhof
CFF Communications
Phone: + 0630374930
E-mail: niels.broekhof@cffcommunications.nl