14 February 2017
Roosendaal
Reporter: Theo Andrew
Lidl shops smart for warehouse space
Delin Capital Asset Management (DCAM) has signed a pre-let agreement for its 58,000-square metre warehouse development in Roosendaal, the Netherlands.

Lidl E-Commerce, the global supermarket chain, will take on a long-term lease with no breaks on the property, which is expected to be complete by spring 2018.

The warehouse will have 5,000 square metres of office and social space and is intended to attain a Building Research Establishment Environmental Assessment Method rating, running a high-efficiency power management system.

Located in Borchef II Business Park, the development is 2km from Roosendaal and 60km from Rotterdam Port, Europe’s largest deep-water port.

Construction company Unibouw is contracted to complete the warehouse.

DCAM is planning to develop a further 150,000 square metres in new logistics developments across Belgium, the Netherlands and Luxembourg throughout 2017, including a 35,000-square metre warehouse at Amsterdam Park.

The company is also exploring opportunities in the UK and Germany.

Ekaterina Avdonina, managing director of DCAM, said: “Occupier appetite for both pre-let and speculative warehouse development schemes is unabated, as demonstrated by the strength of a pipeline that should offer significant returns on investment, fulfilling what we forecast to be a significant gap in the market.”

“As supply levels remain at record lows, demand for the highest-quality and state-of-the-art big sheds is being driven by major retailers focusing their resources and capital on improving the end-to-end ecommerce offering.”

DCAM’s current portfolio is valued at over €550 million, comprising 580,000 square feet across 17 assets.

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