SEGRO signs new contract with ID Logistics in Tilburg
SEGRO, investor and developer of logistics and light industrial real estate, has signed a new, long-term lease with ID Logistics in Tilburg, on the Vossenberg II industrial estate.
ID Logistics is a leading logistics service provider operating 5.5 million square meters of distribution facilities worldwide. The company develops and supplies innovative logistics solutions to a diverse customer portfolio, and is strongly committed to sustainable development.
SEGRO Logistics Center Tilburg offers ID Logistics the solution they were looking for for a customer in Tilburg: a building of more than 31,000 m2 that exactly fits the demand and offers growth potential for the operation. With a BREEAM Outstanding certification, the building meets high sustainability requirements.
In Spain and France there is already a collaboration between SEGRO and ID Logistics and with this expansion in Tilburg, the relationship is now growing further in the Netherlands.
Eelco Ouwerkerk, Head of SEGRO Netherlands:
“We are happy to welcome ID Logistics as a new tenant in the Netherlands. The warehouse in Tilburg has the characteristics that match the growth ambition of ID Logistics and its customers. The building is modern, ready for immediate use and a long future. We foresee a fruitful collaboration, in which we always keep looking at innovations and new developments.”
Marco van Walraven, Managing Director Benelux, ID Logistics:
"We were looking for the optimal location for further expansion for a customer with specific requirements. This warehouse at Vossenberg II is a perfect addition to the existing contract of the customer in question and is completely in line with the entire ID Logistics operation in the Tilburg region. European experiences with SEGRO, we are also looking forward to a great collaboration in the Netherlands.”
SEGRO was advised commercially by JLL and CBRE in the agreement with ID Logistics, and legally by Stibbe.
Note for editors:
SEGRO is a UK Real Estate Investment Trust (REIT) and is listed on the London Stock Exchange in the FTSE 100 index. It is a leading owner, manager and developer of modern logistics real estate (large-scale and light industrial) with a portfolio of 7.8 million square meters, estimated at a value of more than 13.5 billion euros. All centers are strategically located at logistics hotspots in the UK (both London and the South-East and Midlands regions), France, Germany, Italy, Poland, Spain, the Netherlands and the Czech Republic.
For 100 years, SEGRO has been creating the space that makes extraordinary things possible. From modern logistics real estate, mainly used for regional, national and international distribution, to urban storage near major cities and business districts. SEGRO offers high-quality, innovative and sustainable real estate that enables customers to develop further