Patron Capital, a pan-European institutional investor specializing in property investments, and Base Investments, a Dutch asset manager, have established UrbanLinx, a new initiative for investing in eco-friendly light industrial properties in the Netherlands. UrbanLinx aims to renovate and expand existing structures, targeting properties worth between €5 million and €25 million for purchase over the upcoming three years. The initiative’s portfolio has already started with acquisitions in Houten and Amsterdam.
The property in Houten, which was bought from Conway Holding International B.V., includes around 14,000 sq m of space designated for warehouses and offices, located in an accessible area known for commerce and retail. In Amsterdam, property purchased from Jurred Bedrijfshuisvesting B.V. dates back to 1985 and encompasses 6,000 sq m of combined warehouse and office space, designed for multiple tenants.
Base Investments is set to manage these two properties, which will be enhanced in the near future. UrbanLinx is committed to an environmentally-friendly makeover for these sites, aligning with thorough ESG (Environmental, Social, and Governance) principles.
The Amsterdam acquisition process involved the services of Van Dijk & ten Cate en Stout Vastgoed Consultancy. GreenbergTraurig, FSE, and CFP provided advisory support to the buyer. Meanwhile, the Houten property transaction was facilitated by Platform Real Estate and Zuijdplas & Partners, with GreenbergTraurig, FSE, and CFP again serving as buyer consultants. Additionally, Savills carried out the Technical Due Diligence (TDD) for both property dealings.
