SUPER-PRIME LOGISTICS HUB IN ROTTERDAM BEGINS CONSTRUCTION

Construction is well underway for ELAD Investments’ super-prime logistics project in Rotterdam, which will provide an additional 40,000 sqm of warehouse, office and mezzanine space.

Acquired in 2020, the development is situated in Ridderkerk, west of the port of Rotterdam, which is the largest seaport in Europe and a well-established warehousing/industrial area with local occupiers including DHL, Yamoto and Alstom.

In line with ELAD Investments’ commitment towards becoming a restorative climate-positive business, the asset is targeting BREEAM Excellent, EU Taxonomy alignment and CRREM Analysis.

The expansion of the Rotterdam project forms part of ELAD Investments’ portfolio of 17 logistics assets, including stabilised buildings and assets under development. The business has been an active investor in the European logistics market developing and managing over two million sqm of space across seven countries.