Traveller 8 new 40.000 m² Logistics in Venlo / by Joris van Gelder

Specialized logistics developer Van Den Boogaard Projects started with the construction of a new logistics distribution centre Traveller 8.

The new 40,000 sqm logistics warehouse, which is preleased for 50%, will be built on a plot of 60,000 m² and will be delivered in the fourth quarter of 2016, based on a BREEAM "Very Good" certificate.

The property is strategically located in the industrial park Trade Port Noord in Venlo next to the new EDC from both Tommy Hilfiger and Michael Kors.

Rockspring Property Investment Managers LLP, acquired the new distribution centre on behalf of its Pan-European fund PLP. The total investment volume amounts to approximately € 22 million.

Estadium is the development partner of Van Den Boogaard Projecten. Over the past decade this cooperation with the highly specialized logistic developer has led to the realization of several leading logistics centres in the European logistical hotspot Venlo. Van Den Boogaard Projecten is by far the largest and most prominent private developer of logistics properties in the region.