Panattoni sells fully-leased logistics park in Rotterdam to MEAG

Panattoni has sold its fully- leased and highly sustainable Panattoni Park Rotterdam to MEAG, the asset manager of Munich Re Group.

Published:

28.11.2024

Ridderkerk, 28 november 2024 – Panattoni, the largest logistics real estate developer in Europe, has sold its fully- leased and highly sustainable Panattoni Park Rotterdam to MEAG, the asset manager of Munich Re Group. The 40,000 sq m logistics park was let to a specialist printing and high-end packaging company before its completion in October 2024. It is located in the prime industrial and logistics area of Donkersloot in Ridderkerk on the banks of the river Noord, 15 km from the Port of Rotterdam.

Exterior_Ridderkerk_041 — Panattoni Park Ridderkerk spans approximately 40,000 sqm

The park is a brownfield development with a rich industrial history. In 2018, Panattoni acquired the outdated production halls to establish a new industrial site.

Panattoni’s park was built to a BREEAM-NL sustainability rating of ‘Excellent’, reflecting its commitment to sustainable development. It is gas-free, reducing nitrogen dioxide and other combustion emissions to the environment. The roofs are fitted with solar panels and energy-saving initiatives were incorporated.

Jeroen Gerritsen, Managing Director of Panattoni Belgium & Netherlands, said: “The sale is the culmination of a hugely successful development in a prime location with the highest sustainability credentials”.

The Netherlands has always been one of the strongest logistics real estate markets in Europe Robert Dobrzycki

Exterior_Ridderkerk_016 — Panattoni’s park was built to a BREEAM-NL sustainability rating of ‘Excellent’

Robert Dobrzycki, CEO & Co-owner of Panattoni Europe, UK, Middle East and India, said: “The Netherlands has always been one of the strongest logistics real estate markets in Europe. This transaction underscores the continued demand from investors for high-quality, strategically-located logistics assets and reinforces our commitment to developing sustainable, future-proofed facilities in key European markets".

hall, interior_Ridderkerk_100 — The building was let to a specialist printing and high-end packaging company before its completion in October 2024

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