Prologis has recently acquired 3 existing buildings in Zaventem, close to Brussels. This new addition adds 16,000 square meters of industrial buildings on 3.3 hectares of land in a key city-distribution and light industrial area, to the ever-growing logistics real estate portfolio that Prologis offers its customers in Belgium.
The acquisition of the buildings, located at Hermesstraat/Hoge Wei in Zaventem, fits perfectly into Prologis Belgium’s redevelopment strategy, as it is located alongside the E40 corridor towards Brussels with a direct connection to the Brussels’ ring-road. Premises close to the Brussels metropolitan area such as Zaventem are a rare opportunity for customers looking to secure facilities near consumption centers. In Zaventem itself, Prologis leases premises to a 3pl service provider.
“Prologis’ footprint has been expanding in Belgium over the past years, with recent acquisitions of facilities and freehold land in Liège, Beersel, Wilrijk and Kontich. Adding Brussels is a major milestone in our strategy to strengthen our offer in key logistics and city-distribution markets”, concludes Frederik Mertens, Director, Capital Deployment & Leasing, Prologis Belgium. “Our customers need qualitative facilities in logistics corridors, and the Brussels’ area is an important complement to our existing portfolio.”
With this latest acquisition, Prologis now owns logistics real estate in Beersel, Boom, Bornem, Brussels, Kontich, Liège, Wilrijk, Tongeren and totalling 550,000 square meters.
The Zaventem facility is leased to current Prologis customers until beginning of 2026 which gives Prologis the time to, together with local authorities and existing clients, thoroughly think true a future redevelopment of the site . Prologis was advised on the deal by Loyens & Loeff and the contract was closed off market via CBRE.