W.P. Carey buys logistic objects in Venlo

W.P. Carey buys logistic objects in Venlo from Aspen Real Estate Investments. The purchase price amounted to approximately 30.000.000,- euros.

In 2013, W.P. Carey, a company listed on the New York stock exchange, purchased the distribution centre located on the Marco Polowegs 3 and 5 in Venlo (a total of approximately 40,000 m² of logistics space and 2,300 m² of office space) from Aspen Real Estate Investments. The properties are fully let to Tommy Hilfiger. WP Carey has a portfolio of 14.1 billion euros and also owns 6 distribution centres of C1000 in the Netherlands.

Appelhoven Vastgoedadviseurs assisted W.P. Carey with the negotiations and the commercial due diligence.