Understanding logistics in the netherlands

Understanding logistics in the netherlands

CB Richard Ellis, The Netherlands

CONTENTS
Introduction The Dutch Logistics Market Economy Market Structure Infrastructure Rental Market Investment Understanding Logistics Mainports Rotterdam Schiphol Amsterdam North Centre Randstad Almere Utrecht A15 Zone Tiel Nijmegen-Wijchen 7 9 11 12 14 16 18 21 23 24 26 28 31 33 34 36 38 41 42 44

West Brabant Moerdijk Roosendaal Breda Oosterhout-Raamsdonksveer Central Brabant Tilburg East Brabant Eindhoven Veghel Limburg Venray Venlo Statistics on The Dutch Logistics Market Key Figures Main Logistics Hubs CB Richard Ellis Contacts Colophon

47 48 50 52 54 57 58 61 62 64 67 68 70

73 74 76 77 78

INTRODUCTION
It is our pleasure to present to you the second edition of our booklet Understanding Logistics in the Netherlands. The title explains exactly what this publication is all about and illustrates where the CB Richard Ellis Industrial & Logistics department stands for. We felt it was necessary to make this update, as the last years have shown great changes in the world economy, resulting in a new financial playground and rapidly changing logistics structures. The Netherlands, with its mainports Schiphol Amsterdam Airport and the Port of Rotterdam, is one of the most important gateways to the European continent. For this publication, we have selected the most significant locations in our country, both for national distribution centres and for operations that serve the European consumer markets. We offer you a useful and up to date summary of these locations, representing the developments in the market that have occurred in recent years. More than ever, the market is showing significant regional differences in supply and demand of warehousing space, as well as in the terms and conditions of realised transactions. I would like to thank our Corporate Communications and Research & Consultancy departments, as without them this great result would not have been possible. At the base of this booklet stands a thorough market research effort, which is supported by our long-standing transaction record and by the CBRE logistics property database, which currently contains over 1,200 objects and over 20 million sq m of distribution space. We will be happy to tell you more about the Dutch logistics property market and the developments we foresee in the future. Hot topics like the green agenda to make warehousing solutions more sustainable, changes in cargo flows and the realisation of new distribution concepts will affect the future demand for warehousing space. If you seek information regarding this, or on specific market conditions, please do not hesitate to contact our Industrial & Logistics department and get in touch with one of the specialists from our dedicated team. Best regards, Dries Castelein CB Richard Ellis Industrial & Logistics

THE DUTCH LOGISTICS MARKET

ECONOMY
Although relatively small in terms of land area, the Netherlands has a dense population and plays a significant role in the European economy. With a Gross Domestic Product of around 550 billion in 2010, the Netherlands is the sixth largest economy in the EU. Due to the worldwide financial crisis, the Dutch GDP declined by -3.9% in 2009, but rebounded by 1.8% in 2010. For the coming years, a steady growth rate of around 2% annually is expected. As a trading nation, the Dutch economy is heavily geared towards the export of goods and services, which account for more than 60% of the countrys GDP . The Netherlands consistently holds a top-ten position in the list of the worlds largest export countries. The Dutch export volume amounted to 371 billion in 2010, a strong rise from 309 billion in 2009. Exports were the key driver of the economic recovery after the crisis, although regaining consumer confidence will increasingly stimulate domestic demand and retail expenditure.

Key Economic Indicators

Private Consumption 12 10 8 6 4 2 0 -2 -4 -6 -8 -10
SOURCE: Oxford Economics

Export

Import

Industrial Production

2007

2008

2009

2010

2011

2012

2013

2014

11

MARKET STRUCTURE
The Dutch logistics market is one of the most mature and established in Europe. To a large extent, this is due to the gateway function the Netherlands has for the European continent. From the so-called mainports in the west of the country mainly Schiphol Amsterdam Airport and the Port of Rotterdam to the consumer markets on the European continent a strong clustering of distribution centres has formed. The main triggers for this are the fact that the Netherlands has a well-developed infrastructure and is geographically well placed to service many of the main consumer markets of Europe. Other important factors include the multilingualism of the population and the positive business environment, which includes a well-developed logistics industry, a flexible customs regime and relatively low corporation taxes. As a result, many companies that provide transport, logistics and related services are established in the Netherlands. The country is holding a top position in the World Bank Logistics Performance Index and all global logistics service providers operate European Distribution Centres (EDCs) in the Netherlands. As a consequence, the logistics sector is a very important contributor to the Dutch economy. About 8.5% of the labour force is active in the sector and its total added value is estimated at around 40 billion. The prominent position of the logistics sector in the Dutch economy manifests itself in a substantial stock of logistics property. According to the CB Richard Ellis logistics database, the total floor area in use in distribution centres exceeds 20 million sq m. In this case, logistics space is defined as units of 5,000 sq m or more, equipped with at least 1 loading dock per 1,000 sq m and designed for modern distribution activity. Clusters of logistics property in the Netherlands are mainly found in a wide corridor leading from the mainports in the west in a south-easterly direction to the European hinterland. The centre of the country is also important, mainly serving as a location for domestic retail distribution. Until the turn of the century, the logistics property market in the Netherlands was characterized by a high proportion of owner-occupiers and, as a consequence, a limited contribution to open market activity. This picture has changed rapidly as more and more logistics service providers have decided to lease their accommodation. As a result, modern distribution warehouses are now recognized as a full-fledged investment category, due to their standard characteristics, stable return potential and suitability for different kinds of tenants.

12

Main Logistic Hubs in The Netherlands

Main Logistics Hubs in The Netherlands

NORTH

Amsterdam Schiphol Alphen aan den Rijn Waddinxveen Rotterdam Moerdijk WEST BRABANT Breda Roosendaal

Almere

CENTRE Utrecht A15 ZONE Tiel Nijmegen

Raamsdonksveer Oosterhout Tilburg CENTRAL BRABANT Veghel Venray Eindhoven EAST BRABANT Venlo

50 km

LIMBURG

13

INFRASTRUCTURE
One of the main drivers of the strong logistics cluster in the Netherlands is the presence of a high-quality, dense infrastructure for all transport modes. The Port of Rotterdam and Schiphol Amsterdam Airport are key elements in this network. The Dutch road infrastructure is a dense network of over 2,500 kilometres of motorways, providing direct access to virtually all major cities and towns in the country. Access to Germany in the east and Belgium in the south is easy and direct, especially for road transport originating in the Port of Rotterdam. The quality of the infrastructure is good and traffic guidance and safety have a high priority. In addition to the motorway network, the Dutch waterways are important transport routes. The Netherlands is located at the estuaries of three major rivers, which are extended by numerous artificial waterways such as the Amsterdam-Rhine Canal. As a result, the Netherlands is characterized by a large proportion of freight that is transported over water, an impressive 45% of all Dutch cargo transport in terms of tonne/kilometre. The Port of Rotterdam has long been the largest in the world, and is still the largest European seaport. In addition, the Port of Amsterdam can be counted as a major European bulk port. A number of inland container terminals have been developed, particularly in the south of the country, to support container transport by water. The transport of goods by train cannot yet compete at the same level, as currently only 4% of all freight is transported by rail. The Betuweroute, the recently opened dedicated railway line between the Port of Rotterdam and Germany, intends to change that and is currently catering for about 65% of all rail cargo traffic from Rotterdam to Germany. Schiphol Amsterdam Airport is one of the major air transport hubs in Europe. With over 45 million passengers and about 1.5 million tonnes of airfreight in 2010 it ranks fifth and third, respectively, in Europe. Schiphol is a main source of employment and plays a vital role in the Dutch economy. In addition, the regional airports of Rotterdam, Eindhoven, and Maastricht-Aachen play an increasingly important role, particularly with passenger traffic. Eindhoven and Maastricht have recently emerged as extra locations for airfreight handling in the Netherlands. It must be noted that this often involves handling of airfreight trucked in from Schiphol and other European airports.

14

Main Infrastructure in The Netherlands

! !
"

!
o
Den Haag

Utrecht

! ! !
o
"

Rotterdam Nijmegen Moerdijk

"

Airport Seaport Town Highway Railway Betuweroute

Leeuwarden Groningen

Zwolle
" Amsterdam

!
o
50 km

Eindhoven

Maastricht

15

RENTAL MARKET
Demand for distribution space initially declined as a result of the economic crisis, which led to strongly reduced cargo flows. The last months of 2010, however, saw a strong recovery, fuelled by the replenishment of stocks and a solidly performing German economy. The need for distribution space is expected to grow further, as a growing retail expenditure is now supporting the recovered cargo volumes. Also, an increasing number of tenants is executing relocation decisions that were postponed due to the crisis. A large volume of new logistics developments has been completed in recent years, resulting in a continuing shift from old to new property. This shift is supported by the fact that maintenance and service costs form a relatively large share of the total occupation costs for distribution space. The net result is that the total availability of logistics space is growing in the Netherlands, but it should be pointed out that an increasing share of the supply consists of outdated property that is no longer suited for a modern distribution operation. General vacancy is highest in those hubs which have recently seen a large volume of new developments, such as Amsterdam, Roosendaal, Tilburg and Venlo. Here too, however, vacancy of new, modern distribution centres is declining steadily, as hardly any speculative developments are started. On a location level, tenants are increasingly focused on the industrial estates with the best accessibility in that specific region. Particularly the presence of multimodal transport facilities offers a clear advantage. Logistics market rents in the Netherlands vary strongly, depending on land price, the type of location, the local demand-supply rate and the utilization of specific occupier requirements. Prime rents of around 90 per sq m per year are only achievable in the Schiphol Amsterdam Airport region, where the airfreight sector has clustered. Prime rents in Rotterdam, Amsterdam and Utrecht range from 60 to 62.50 per sq m per year. Rents for modern high-grade space in the transport corridor are currently moving between 45 to 52.50 per sq m per year. Hubs with a high vacancy have had to face falling market rents in the past two years. As the vacancy in modern distribution centres is drying up, these locations are now offering the best perspective for rental growth. Simultaneously, however, pressure is bearing down on rents for older, vacant property.

16

Supply and Demand

Take-up 2,000 2,000 1,800 1,800 1,600 x 1,000 sq m x 1,000 sq m 1,600 1,400 1,400 1,200 1,200 1,000 1,000 800 800 600 600 400 400 200 200 0 0 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 Take-up Supply Supply

SOURCE: CB Richard Ellis

Market Rents

Venlo Venlo Tilburg Tilburg A15 zone A15 zone Breda Breda Eindhoven Eindhoven Almere Almere Utrecht Utrecht Amsterdam Amsterdam Rotterdam Rotterdam Schiphol Schiphol 30 30 50 70 70 90 90

/ sq m / year / sq m / year

50

SOURCE: CB Richard Ellis

17

INVESTMENT
Investment in logistics property received a blow from the financial crisis, as it impelled investors to adopt a strong risk-averse attitude. As a result, most buyers are now focusing on prime real estate with long-term lease contracts. As supply of these assets has been scarce in the logistics property market, the transacted volumes have remained subdued in the past 2.5 years. Nonetheless, prime yields have sharpened in 2010, although the movement was dampened by the relative lack of transactions. Despite the thin market, however, falling yields for other property sectors and the low interest rates were pushing logistics yields down as well. The investment market for logistics space in the Netherlands is dominated by specialized international developer/investors, such as AMB, ProLogis (soon to merge) and Goodman, as well as a number of specialized institutional funds. Many private investors are also strong and established market players. More recently, German open- and closed-ended funds have entered the Dutch logistics market on the buy side. The relatively low supply of prime product has limited their presence thus far. The first months of 2011 have seen an uptick in the logistics investment turnover. As vacancy in new, recently delivered distribution centres is steadily declining, the availability of desired investment product is growing again. It is expected, therefore, that the transaction volumes will increase. At the same time, a growing pool of outdated property will have increasing difficulties in finding buyers. Redevelopment will often be the solution for these types of property. Prime logistics yields are expected to bottom out in 2011, as the increasing transaction volume will be offset by a rising interest rate.

18

Investment in Logistics Property

800 800 700 700 600 1 mln 1 mln 600 500 500 400 400 300 300 200 200 100 100 0 0 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010

SOURCE: CB Richard Ellis

Prime Net Initial Yields

8,0% 8,0% 7,5% 7,5% 7,0% 7,0% 6,5% 6,5% 6,0% 6,0% 5,5% 5,5% 5,0% 5,0% 2000 2000 2001 2001 2002 2002 2003 2003 2004 2004 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010

SOURCE: CB Richard Ellis

19

UNDERSTANDING LOGISTICS

MAINPORTS
The Netherlands is one of the major gateways to the European continent. At a relatively short distance from each other, the country has three so-called mainports, or major access points to the continent, at its disposal. First of all, this is the Port of Rotterdam, the largest European seaport and Europes largest container transhipment point. A second important gateway is Schiphol Amsterdam Airport, which is one of the main airfreight hubs in Europe. The countrys third mainport is the Port of Amsterdam. Although significantly smaller than Rotterdam, the capitals port is one of the major European seaports. As it mainly serves as a bulk freight port, its importance for the logistics sector is more modest. It is in the mainports where large flows of sea and air cargo enter -and leave- the country and the continent, ready to be transhipped to producers, consumers, or distribution centres further inland. As a consequence, a vast amount of distribution space has settled in and around the port and airport complexes. The sites are mostly designed for cross-docking and rapid transhipment, although an increasing number of warehouses in the seaports are used for the storage of bulk commodities.

Key FIGURES MAINPORTS

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 3,800,000 17% 69% 229,000 9.8% 40 - 90 Rotterdam Barendrecht-Ridderkerk Schiphol Amsterdam

23

ROTTERDAM
The Port of Rotterdam is the largest seaport in Europe and the most important cargo gateway to the European mainland. Rotterdam, therefore, is the most important mainport in the Netherlands and forms the base of a major share of the countrys logistics sector. The port stands at the head of a wide transport corridor leading to the European hinterland, and with a modern logistics property stock of about 1.4 million sq m it also has the largest concentration of distribution centres in the country. Although the vast port areas stretch over a length of 40 kilometre from the city to the North Sea coast, most logistics space is to be found in rather confined areas. The most important are the three designated Distriparks along the A15 motorway, which were specifically developed to cater for logistics activities. Consequently, nearly half of the total logistics stock is located here. It should be noted that not all logistics activity in Rotterdam is port-related: the Noord-West industrial zone in particular accommodates a number of distribution centres with a regional focus and based on road transport only. Rotterdam is currently expanding the port area with the construction of the second Maasvlakte area in the North Sea. To support the growing traffic flow, the opening of the Betuweroute cargo railway, as well as the constant promoting of inland waterway transport, are means to create alternatives for the onward transport of freight unloaded in the port.

Rotterdam-Distripark Eemhaven

24

Key FIGURES ROTTERDAM

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 1,365,000 19% 68.7% 88,500 8.9% 40 - 62.50

CONTAINER ACCESSIBILITY
Car Train Barge A13, A15, A16, A20 motorway Port of Rotterdam; several terminals Port of Rotterdam; several terminals

's-Gravenhage

Zoetermeer

NOORDZEE
's-Gravenzande Naaldwijk Hoek van Holland
Ni

Delft

Bleiswijk
A2 0

De Lier

A13

eu

W at

er

eg

Maassluis
A20

Schiedam

A20

Distripark Maasvlakte Brielle

Rotterdam Vlaardingen
A4 6 A1

Distripark Eemhaven

Rockanje Distripark Botlek

A15

Hoogvliet

A15

6 A1

Hellevoetsluis Zuidland

Spijkenisse

Oud-Beijerland
A2 9

Haringvliet

3 km

25

SCHIPHOL
Schiphol Amsterdam Airport, located a short distance from Amsterdam, is one of the main air hubs in Europe. Ranking fifth in terms of passenger traffic and third in terms of air cargo handled, Schiphol is a major air gateway to the European continent. It is no surprise, therefore, that a vast cluster of airfreightrelated logistics activities has gathered around the airport, mostly on specifically developed business parks. The total stock of modern distribution space in the region amounts to approximately 1 million sq m, which is even more impressive if one takes into account the fact that airfreight handling usually requires less space than standard warehousing. Moreover, substantial development activity is planned in the wider region in anticipation of airfreight growth and in response to new requirements from carriers and logistics service providers. New business parks are specifically being planned to the south and north of the airport, while the vast Fokker Logistics Park to the east of the airport is nearing its completion. To support the growing flow of traffic, the restructuring of the N201 provincial highway, an important east-west axis, is the first step towards an infrastructural upgrade of the area

SCHIPHOL-FOKKER LOGISTICS PARK

26

Key FIGURES SCHIPHOL

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 1,070,000 18.2% 79.6% 58,500 9.1% 70 - 90

CONTAINER ACCESSIBILITY
Car Train Barge A4, A9 motorway; N201 provincial highway n/a n/a

A9

Heemstede Amsterdam
A9
A10

A10
N 20 1

A4
N
A5

20

Schiphol

Hoofddorp Schiphol Zuid Schiphol Zuidoost Schiphol Oost

A9

Amstelveen De Hoek
1
Fo k eg

20

A4

Schiphol Rijk NieuwVennep Aalsmeer 1 km

ke

rw

27

AMSTERDAM
The Port of Amsterdam is the third mainport of the Netherlands. In terms of cargo volume, the Dutch capitals seaport holds a top five position in Europe. The Port of Amsterdam, however, mainly serves as a bulk port, which means its importance for the logistics sector is less profound. Nonetheless, the large population base of the Amsterdam Metropolitan Area and the vicinity of Schiphol Amsterdam Airport make the port areas an attractive location for distribution facilities. Particularly the Atlaspark area in the west, which enjoys good connections with both Schiphol and the other large cities in the west of the country, has seen a large volume of new logistics development in recent years. All in all, the Amsterdam agglomeration currently accommodates a logistics stock of about 900,000 sq m. The construction of a connecting road between the A10 and the A5 motorways, as well as a second motorway tunnel under the North Sea Canal, are further enhancing prospects for the Dutch capitals port area.

AMSTERDAM-ATLASPARK

28

KEY FIGURES AMSTERDAM

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 880,000 23.3% 67% 55,500 15% 40 - 62.50

CONTAINER ACCESSIBILITY
Car Train Barge A2, A4, A9, A10 motorway; s102 city road Port of Amsterdam; several terminals Port of Amsterdam; several terminals

A8

A9

Afrikahaven
S102

A1

Vervoerscentrum Atlaspark

Haarlem

Het IJ
A200

Sloterdijk III

S104
A10

Zwanenburg

Amsterdam

IJmeer

A5

A9

A1

Diemen

A1

A4

A2

Schiphol Hoofddorp
A9

A9 Amsterdam Zuidoost

Amstelveen 2 km

29

NORTH
The logistics region North in fact encompasses a large part of the Netherlands, as it concerns the northeastern parts of the country that lie outside the main transport flows stemming from the Dutch mainports. Also, the region is less densely populated and is generally lacking large population centres. The North region roughly includes the northeastern provinces of Friesland, Groningen, Drenthe and Overijssel, as well as the northern parts of Flevoland and NoordHolland. Still, a number of smaller-scaled logistics hubs are to be found in the area. They are mainly catering for regional retail distribution and large-scale local transport companies, although a cluster of fashion logistics in particular has settled in the eastern cities of Enschede and Oldenzaal. Main hubs in the North region are Alkmaar-Heerhugowaard, Heerenveen, Zwolle and EnschedeHengelo-Oldenzaal. Individual distribution centres worth mentioning are the vast complexes of Portena Logistics in Heerenveen (80,000 sq m), wholesaler Koopman in Emmeloord (125,000 sq m) and the Rail Service Centre in Veendam (90,000 sq m).

KEY FIGURES NORTH

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 2,260,000 10.7% 32% 31,500 2.5% 30 - 50 Alkmaar-Heerhugowaard Heerenveen Zwolle Enschede-Hengelo-Oldenzaal

31

CENTRE
The central part of the Netherlands is geographically most suited to serve as a location for national distribution activities, which often concern retail operations. The heart of the region is the infrastructural centre of the country, roughly between the cities of Utrecht and Apeldoorn, but an important subdivision can be made for the centre of the western Randstad conurbation. Here, many retailers who are focused on the most populous parts of the country and the Big Four cities have settled down in hubs as Alphen aan den Rijn, Waddinxveen and Bleiswijk/Zoetermeer. Historically, most distribution operations in the region centred around hubs on important north-south and east-west motorway junctions, such as the cities of Utrecht and Apeldoorn. More recently, the city of Almere has emerged as a logistics hotspot, due to the ample availability of land and the more favourable land prices.

KEY FIGURES CENTRE

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 4,070,000 12.6% 58.6% 118,500 6.3% 40 - 60 Centre Randstad Almere Utrecht Ede Apeldoorn

33

CENTRE RANDSTAD
The cities and towns in the heart of the Randstad conurbation are conveniently located amidst the large population centres in the west of the country. This has led to the formation of a vast cluster of distribution sites, with an emphasis on supermarket and retail chain distribution. The various locations are located at close distance from each other and mainly use the A12 motorway as primary access road. Alphen aan den Rijn, Waddinxveen, Bleiswijk and Zoetermeer are the most prominent locations. Most sites are located in Alphen aan den Rijn, which is home in particular to a number of large-scale complexes, such as those of Technische Unie, Electrolux and Zeeman. Waddinxveen has developed the Distripark Doelwijk logistics park with direct access to the A12 motorway. The area is specifically zoned for logistics and currently contains some 270,000 sq m of modern distribution space. The most recent development in the area is Prisma Bedrijvenpark between Bleiswijk and Zoetermeer. This industrial estate already contains a number of new large-scale warehouses with retailer Aldi as its largest user.

CENTRE RANDSTAD-DISTRIPARK DOELWIJK

34

KEY FIGURES CENTRE RANDSTAD

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 855,000 16.3% 46.8% 25,500 4.5% 40 - 57.50

CONTAINER ACCESSIBILITY
Car Train Barge A12, N11 motorway n/a n/a

Leiderdorp

Rijnhaven
N1

Alphen aan den Rijn

N11

Voorschoten

Molenwetering
A4

N1

Bodegraven Boskoop Zoetermeer Prisma Bedrijvenpark Waddinxveen

A12

Distripark Doelwijk Gouda

Pijnacker Bleiswijk 2 km

A1

A12

35

ALMERE
The city of Almere has grown into a logistics hub of significance in the past decade. The city combines a strategic location in the northern wing of the Randstad conurbation with ample availability of land that is also more favourably priced than many locations in the vicinity. As a result, a growing number of distribution centres have chosen to settle in the city. It mostly concerns national or Randstad distribution operations. Almere is characterized by a relatively large number of smaller industrial estates, which means logistics property was initially rather spread throughout the city. Nonetheless, the Sallandse Kant industrial estate has emerged as the most important location for distribution activities. Meanwhile, space for larger-scaled operations has been made available on the new Stichtse Kant industrial estate along the A27 motorway to Utrecht. This site, with a good access to the centre and south of the country, is to strengthen further Almeres position as a logistics hotspot and has already attracted a number of newcomers.

ALMERE-STICHTSE KANT

36

KEY FIGURES ALMERE

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 310,000 29.9% 89.9% 21,000 15% 40 - 55

CONTAINER ACCESSIBILITY
Car Train Barge A6, A27 motorway n/a n/a

IJsselmeer

Almere-Buiten Almere

A6

HOLLANDSE KANT Almere-Stad SALLANDSE KANT

A6

Almere-Hout
A27

Almere-Haven

Gooimeer

STICHTSE KANT

A1

Huizen

1 km

37

UTRECHT
The agglomeration of Utrecht is the most prominent location for distribution activities in the centre of the Netherlands, thanks to its central and accessible location in the country. The city is situated on the edge of the populous Randstad conurbation and at the intersection of several major transport routes, most notably the A2, A12, and A27 motorways. As such, Utrecht is one of the prime locations for national distribution centres, major examples being those of retailers Hema, Vroom & Dreesmann, WE and Charles Vgele, as well as the distribution centres of Smiths Food Group and Albert Heijn. The main location for logistics property in the agglomeration is the vast Lage Weide industrial zone along the A2 motorway, but the neighbouring town of Nieuwegein also accommodates a significant number of distribution activities. Nieuwegein is the main focus of the expansion of the logistics sector in the agglomeration, due to the granting of plots on the new industrial estate Het Klooster. Due to the presence of a well-performing container terminal on the Amsterdam-Rhine Canal, Utrecht has a sound basis to develop inland waterway transport further.

utrecht-Lage Weide

38

KEY FIGURES UTRECHT

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 595,000 7% 62.2% 30,000 6.4% 45 - 60

CONTAINER ACCESSIBILITY
Car Train Barge A2, A27, A12 motorway n/a Container Terminal Utrecht

Maarssen
N230
A2 7

Bilthoven

A2

Container Terminal Utrecht De Bilt

Lage Weide Utrecht

A28

Zeist Woerden
A12

De Meern

A2

Plettenburg Houten

Nieuwegein

De Wiers
A27

Am rda ste Rij mnk an l aa

A2

A12

A12

Het Klooster

Vianen

2 km

39

A15 ZONE
This long but rather narrow zone, stretching from Rotterdam in a straight way east to the German border, is the most northern part of the so-called transport corridor, the area covered by the main transport flows of goods entering the Dutch mainports and subsequently seeking their way to the Western European markets. The region derives its name from the A15 motorway, the main transport axis in the area. However, the A15 is certainly not the only access route in the area. The part of the A12 motorway from Arnhem to the German border, the main branch of the Rhine river and the Betuweroute cargo railway are other important transport axes, making the zone a prominent location for distribution centres. Due to its central location, the main logistics hubs in this area accommodate many national distribution operations, but numerous international operations are also located here, particularly catering for the German market. A prominent example is the hub of s Heerenberg, a town located at the German border with its main access via the German A3 motorway.

KEY FIGURES A15 ZONE

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 2,070,000 23.7% 51.7% 87,500 5.2% 40 - 50 Tiel Nijmegen-Wijchen 's Heerenberg

41

TIEL
The town of Tiel is conveniently located along the A15 motorway, where the Amsterdam-Rhine Canal joins the main branch of the river Rhine. Its favourable location in the centre of the country, as well as an active municipal policy to enhance local employment by zoning large areas of land for industry and logistics, have encouraged a significant logistics cluster to develop. Initially, most distribution centres were located in the older industrial estate of Kellen, immediately north of the town. However, the development of the large Medel industrial estate on the other side of the canal has attracted a number of new large-scale operations, such as a Lidl distribution centre, operations of DHL and Kuehne & Nagel, as well as large-scale warehouses for the transport companies Vonk & Co and Simon Loos. Plenty of land is still available on the Medel industrial estate, where a barge container terminal is planned. This will provide a boost for further growth of the logistics sector in Tiel.

TIEL-MEDEL

42

KEY FIGURES TIEL

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 380,000 42.3% 64.2% 35,500 4.9% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A15 motorway n/a n/a

Lienden

Medel
A1 5

Kellen

Tiel
WAAL
15

Beneden-Leeuwen

1 km

43

NIJMEGEN-WIJCHEN
The success of Nijmegen as a logistics hub in the Netherlands can mainly be attributed to the development of the Bijsterhuizen industrial estate, which is situated on both sides of the municipal border between Nijmegen and the neighbouring town of Wijchen. Bijsterhuizen has specifically been developed to attract logistics activities and currently accommodates nearly 300,000 sq m of logistics property, which is about 60% of the total in the Nijmegen area, which besides Wijchen also includes the neighbouring town of Beuningen. Located at the end of the A15-Zone near the German border, Nijmegen profits from its location at the intersection of north-south and east-west routes such as the A15, A50, and A73 motorways. Nijmegen has a good basis to become a multimodal transport node, as it is has a container terminal located on the main branch of the Rhine river (Waal), and there are plans for a rail terminal on the Betuweroute cargo railway, which passes to the north of the city.

NIJMEGEN-BIJSTERHUIZEN

44

KEY FIGURES NIJMEGEN-WIJCHEN

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 516,000 25.5% 77% 31,250 12.5% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A73, A50/A326 motorway n/a Container Terminal Nijmegen

WAAL
A WA
A5 0

Container Terminal Nijmegen

A73

Westkanaaldijk

Bijsterhuizen Nijmegen
A73

32

alk s-Wa Maa anaa

Wijchen

l
A7 3

1 km

45

WEST BRABANT
The western part of the Noord-Brabant province is conveniently located at a short distance from the two largest European seaports: Rotterdam and Antwerp. The region has direct motorway connections into Belgium and is therefore an excellent location for distribution operations serving the Benelux countries. Although the region has its own seaport Moerdijk all locations largely function as inland hubs. The region has seen substantial development activity in recent years and was repeatedly voted the most popular location for logistics activities in the Netherlands. Moerdijk, Roosendaal, Breda and Oosterhout are the main hubs in the region, accommodating a vast stock of logistics property, but a number of smaller clusters are complementary to these main hubs, including towns as Bergen op Zoom, Etten-Leur and Raamsdonksveer.

KEY FIGURES WEST BRABANT

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 2,790,000 20.5% 55.7% 182,000 12.5% 35 - 50 Bergen op Zoom Moerdijk Roosendaal Etten-Leur Breda Oosterhout-Raamsdonksveer

47

MOERDIJK
Moerdijk is located in the northwestern corner of the province of Noord-Brabant. he municipality boasts a large-scale industrial zone of 2,600 ha, located on the Hollands Diep river estuary. As such, the area has a port with access for seagoing vessels. As Moerdijk is also located favourably along the A17 motorway, the area has developed into a popular location for distribution centres. It should be noted that Moerdijk, despite the presence of a seaport, largely functions as an inland logistics hub. Therefore, the two designated logistics parks Tradepark and Distriboulevard have been set up along the motorway to accommodate this type of distribution activity. Well-known companies in the area include DSV Solutions, Kuehne & Nagel, Van der Helm-Hudig and the distribution centres of Adidas and tyre wholesalers Intersprint and Bridgestone. The total stock of logistics space in the area currently amounts to about 605,000 sq m, mainly to be found along the southern edge of the industrial zone.

MOERDIJK-TRADEPARK & DISTRIBOULEVARD

48

KEY FIGURES MOERDIJK

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 610,000 16.3% 72.2% 33,250 9.5% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A17 motorway Port of Moerdijk; several terminals Port of Moerdijk; several terminals

A1 6

Moerdijk

A17

Klundert

Distriboulevard

6 A1

Tradepark

Zevenbergen

A59

A1

1 km

49

ROOSENDAAL
The city of Roosendaal is strategically located in the west of the province of Noord-Brabant, roughly halfway between the seaports of Rotterdam and Antwerp. The ample availability of land zoned for industry and logistics has resulted in the creation of a substantial logistics cluster, whose warehouses are mostly to be found on the large-scale Borchwerf industrial estate to the north of the city. The area has a direct connection to the A17 motorway and its most recent extension (phase III), as well as an active policy by the municipal and regional authorities, has attracted further development projects for warehousing and distribution space. Traditionally, DHL and Van den Anker have been present prominently in Roosendaal, but recently large-scale newcomers have settled in the northern part of Borchwerf, such as Ceva Logistics, De Rooy Warehousing and Warnaco.

ROOSENDAAL-BORCHWERF III

50

KEY FIGURES ROOSENDAAL

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 415,000 49.9% 48.3% 28,000 20.2% 35 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A17, A58 motorway n/a n/a

Oudenbosch

A1

Hoeven

Borchwerf II

Borchwerf III

A58

Borchwerf I

St. Willebrord

A1 7

Roosendaal
A5 8

Wouw

A58

1 km

51

BREDA
Due to its excellent road accessibility, Breda has developed into one of the main concentrations of logistics property along the transport corridor leading from the mainports in the west to the European hinterland. Breda is particularly suited for Benelux distribution, as it is located on the southbound A16 and A27 motorway axes. Bredas main industrial areas, Emer and De Krogten, are located in the northern part of the city. Here, a significant number of logistics activities can be found, although most property in this area is rather old. New developments have been taking shape along both motorways, albeit more heavily concentrated along the A16. This is also the location of the IABC-Heilaar area, which mainly, but not exclusively, accommodates fruit and food distribution. Part of the municipality of Breda but located at some distance from the city is the Logistic Center Hazeldonk, which has been developed at the border crossing of the A16 into Belgium. Hazeldonk has attracted a large number of transport and warehousing activities over the years. As such, nearly 40% of all logistics property in the municipality is currently to be found in this area.

BREDA-HAZELDONK

52

KEY FIGURES BREDA

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 540,000 16.6% 60.3% 54,500 18.3% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A16, A27, A58 motorway n/a n/a

Oosterhout De Krogten

A1

Emer-Hintelaken
27

Rijen Breda IABC

Etten-Leur
A58

A58

Hazeldonk

A16

A16

A5

A27

2 km

53

OOSTERHOUT-RAAMSDONKSVEER
The town of Oosterhout is excellently located to the north of the inland hub of Breda, at the junction of the A27 and A59 motorways. Moreover, the Port of Rotterdam is nearby. Logistics presence in Oosterhout received a strong boost when the IKEA distribution centre for the Benelux countries was built here. Today, these premises account for just over 120,000 sq m, forming one of the largest single-use distribution centres in the Netherlands. As is the case in Breda, several other distribution companies serving the Benelux are located in Oosterhout. Recently, a new large-scale site was built for operator Hi Logistics. The town of Raamsdonksveer, to the north of Oosterhout, profits from access to the same motorway intersection and further contributes to the growth of the logistics cluster in the area, which in total amounts to a surface area of about 600,000 sq m. Further development plans exist for the Weststad industrial estate, where a barge container terminal is situated on the Wilhelmina Canal.

OOSTERHOUT-WESTSTAD

54

KEY FIGURES OOSTERHOUT-RAAMDONKSVEER

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 600,000 14.2% 45% 41,500 6.9% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A27, A59 motorway n/a Oosterhout Container Terminal

Raamsdonksveer
lh Wi ina elm ka na al
A59

A2

Dombosch

A59

Made Container Terminal Oosterhout

A27

Weststad

A59

Terheijden

Oosterhout

Wilh

elmin

aka

naa

Dongen

Breda

A2 7

1 km

55

CENTRAL BRABANT
The central part of the Noord-Brabant province forms the heart of the so-called transport corridor and is an important area for European Distribution Centres. The region is dominated by the city of Tilburg, one of the larger Dutch cities and a well-developed industrial and logistics centre. Over the years, Tilburg has grown into the largest inland logistics hub in the Netherlands with a current total stock of about 1 million sq m. Central Brabant boasts important multimodal transhipment points, with the barge terminals in Tilburg and Waalwijk and the rail terminal in Tilburg playing a key role. A striking fact of this region is the relative absence of major north-south connections. Only the city of Den Bosch, the third largest logistics hub in the region, enjoys direct access to the A2 motorway.

KEY FIGURES CENTRAL BRABANT

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 1,610,000 27.3% 64.1% 74,250 16.8% 35 - 50 Waalwijk Den Bosch Tilburg

57

TILBURG
Tilburg, centrally located in the province of Noord-Brabant, presents itself as a modern industrial city. The municipality has actively been promoting industrial and logistics activities, mainly by zoning large areas of land to cater for them. Furthermore, Tilburg is a multimodal transport hub, as the rail and barge terminals on the Loven industrial estate provide efficient alternatives to container transport by truck. As a consequence, distribution activity has expanded significantly in the city, making Tilburg a key logistics hub in the Netherlands. Today, the total stock of modern logistics property amounts to about 1 million sq m, which is the largest volume of distribution space located in a single Dutch municipality after the mainports of Rotterdam and Schiphol. Tilburg is mainly connected by the A58 motorway, an important east-west axis ensuring supply from both the seaports of Rotterdam and Antwerp. By contrast, the north-south connections are relatively underdeveloped. The main areas for logistics activities in Tilburg are Vossenberg in the north-west and Katsbogten on the A58 motorway. Vossenberg is by far the largest industrial estate of Tilburg and has recently been extended further to the north-west.

TILBURG-VOSSENBERG

58

KEY FIGURES TILBURG

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 985,000 22.3% 74.7% 51,500 22.1% 35 - 47.50

CONTAINER ACCESSIBILITY
Car Train Barge A58, A65, A261 motorway Rail Terminal Tilburg Barge Terminal Tilburg

Dongen

Loon op Zand
A26 1

N632

Udenhout

Vossenberg
W ilh

Rijen

el

Kraaiven
m in ak an

N2

61

aa

Loven Berkel-Enschot Oisterwijk

N2 61

Tilburg

Barge Terminal Tilburg / Rail Terminal Tilburg

he Wil

A58

lmin aka

Gilze
A58

Moergestel

naa

Katsbogten

A5

Goirle

2 km

59

EAST BRABANT
Just as the neighbouring Central Brabant area, the eastern part of the NoordBrabant province is an important region for European Distribution Centres. The area has a more prominent north-south orientation due to the presence of the A2 and A50 motorways. Owing to this, a number of national distribution operations have also settled in the region. The heart of the area is formed by the city of Eindhoven, the largest Dutch city outside the Randstad conurbation and the Brain Port of the Netherlands with a well-developed high-tech science and industry cluster. Eindhoven is also an important junction of north-south and east-west motorway connections. Eindhoven Airport is the third largest airport in the country, and hosts several airfreight handling operations. Complementary logistics hubs in this region are Helmond, Oss and, particularly, Veghel.

KEY FIGURES EAST BRABANT

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 1,760,000 10% 67.6% 40,000 6.8% 40 - 52.50 Oss Eindhoven Veghel Helmond

61

EINDHOVEN
Eindhoven is the largest city in the Netherlands outside the western Randstad conurbation. It is favourably located in the south-east of the country at the crossroads of several major transport links, most notably the A2 and A67 motorways. Moreover, the city has a strongly developed technology industry which forms a sound base for distribution activities. Philips, DAF Trucks and ASML are companies with particularly close associations with the city. The city of Eindhoven has two main industrial estates zoned for logistics property: Flight Forum near Eindhoven Airport, and GDC Acht, both located to the west of the city. Furthermore, the business parks along the northern ring road, located in the suburban towns of Best and Son, contain numerous logistics activities. Until recently, most distribution centres were concentrated at Eindhoven Acht, which is dedicated for large-scale logistics operations. For new developments plots have been made available at Flight Forum and its immediate neighbour Park Forum, both adjacent to Eindhoven Airport. The area has received a number of new distribution operations and nowadays also accommodates airfreight handling activities, although most airfreight is delivered by truck from the major European airports.

EINDHOVEN-FLIGHT FORUM

62

KEY FIGURES EINDHOVEN

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 660,000 8.3% 73.2% 28,000 11.3% 40 - 52.50

CONTAINER ACCESSIBILITY
Car Train Barge A2, A50, A58, A67, A270 motorway Rail Terminal Eindhoven n/a

A50

Son Ekkersrijt

A2

Oirschot

Best

A58

A50

GDC Eindhoven-Acht

Nuenen
A2

Rail Terminal Eindhoven Flight Forum

Park Forum

Eindhoven

A2

Geldrop
A67

A67

A6

2 km

63

VEGHEL
The town of Veghel is perhaps not the most obvious location for a major logistics hub, as it is not directly situated on a main transport axis leading into the European hinterland. Nonetheless, its favourable location in the east of the province of Noord-Brabant, the presence of a barge container terminal and ample availability of land zoned for industry and logistics have attracted a substantial number of distribution centres to the town. Unlike most hubs in this region, many operations in Veghel are for national distribution purposes. What is also striking is the large scale of most property in the town. The sites of DHL, Kuehne & Nagel, Sligro, and Jumbo supermarkets all exceed 40,000 sq m in size, while the recently delivered distribution centre of Goossens furniture even nears 60,000 sq m. As a result, the total stock of logistics property in the town is about 500,000 sq m. The completion of the A50 motorway, connecting Veghel to the hubs of Eindhoven and Nijmegen, has further strengthened Veghels position as a centre of logistics activity.

VEGHEL-DOORNHOEK

64

KEY FIGURES VEGHEL

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 500,000 19.5% 51.1% 19,500 5.6% 40 - 50

CONTAINER ACCESSIBILITY
Car Train Barge A50 motorway; N279 provincial highway n/a Inland Terminal Veghel

A5

Inland Terminal Veghel Veghel

u Z id -W ill em a sv a rt
A50

De Amert

Schijndel De Dubbelen

Erp Doornhoek
u Z -W id em ill sv a a rt

A5

1 km

65

LIMBURG
The southeastern province of Limburg forms the end of the transport corridor on Dutch territory. Most distribution activity is concentrated in the northern half of the province, with the city of Venlo, one of the most important inland hubs in the country, as its main location. Venlo is located at the German border at the junction of several motorways and on the river Meuse. As a result, the city has the largest cargo transhipment volume after the mainports in the west. Further south, the hubs of Roermond and Born are of significance; the latter plays an important role in car distribution as the Nedcar production plant is nearby.

KEY FIGURES LIMBURG

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) Main hubs 2,300,000 35.8% 69.8% 110,500 12.8% 37.50 - 47.50 Venray Venlo Roermond Born

67

VENRAY
The town of Venray is a regional centre in the north-west of the province of Limburg. After the town was designated as a centre of industrialization by the national government, the first industrial and logistics sites were developed in what is today the vast Smakterheide industrial estate. Venrays availability of land, positive attitude towards industrial activity, relatively low land prices, and finally its convenient location along the A73 motorway have resulted in the formation of a logistics cluster of considerable size. Its core is formed by the distribution and light manufacturing plants of Flextronics and Xerox. Meanwhile, the total stock of logistics space in the town amounts to about 400,000 sq m. Venrays logistics footprint has recently expanded with the development of the industrial estate De Blakt, to the south of the town. Here, Flextronics has opened a new warehouse of nearly 60,000 sq m.

VENRAY-DE BLAKT

68

KEY FIGURES VENRAY

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 400,000 34.2% 88.7% 21,750 14% 37.50 - 47.50

CONTAINER ACCESSIBILITY
Car Train Barge A73 motorway n/a n/a

A73

Smakterheide

A73

Venray

De Blakt

A7 3

1 km

69

VENLO
The city of Venlo has gained iconic status as a logistics hub in the Netherlands. The rapid growth of the transport and logistics sector in the city is welldocumented, particularly due to its success as a multimodal transport node. Venlo is located on the river Meuse at the German border. Its strategic location along the main logistics axis from both Rotterdam and Antwerp to Germany, as well as the presence of barge and rail terminals for inland container transport, make it an important transhipment point for freight entering Europe. In terms of cargo volume handled, Venlo currently ranks third in the Netherlands after the mainports of Rotterdam and Amsterdam. The city currently has two main areas zoned for logistics: Trade Port and Trade Port West. The establishment of the ECT container rail terminal in the Trade Port area has been a major factor for the development of the logistics sector. A barge terminal was recently also constructed here, further strengthening Venlos role as a centre of container transhipment. Venlo has seen substantial speculative development in recent years. The total stock of modern distribution space in Venlo currently amounts to over 900,000 sq m, while further expansion is projected with the development of the new Trade Port North.

VENLO-TRADE PORT WEST

70

KEY FIGURES VENLO

Total stock (sq m) Addition 2006-2010 Rental share Annual demand 2006-2010 (sq m) Availability Market rents ( / sq m / year) 910,000 40.9% 78.4% 55,500 17.1% 37.50 - 47.50

CONTAINER ACCESSIBILITY
Car Train Barge A67, A73 motorway Trimodal Container Terminal Venlo Trimodal Container Terminal Venlo

Trade Port Noord

MA AS
A7 3

Trade Port West

Trimodal Container Container Terminal Terminal Venlo Venlo Trimodal

A6
A67

Trade Port

Venlo

A7

Maasbree

AA

Tegelen

A7 3

Baarlo

1 km

71

Statistics on the Dutch Logistics market

KEY FIGURES MAIN LOGISTICS HUBS IN THE NETHERLANDS CITY

Rotterdam Schiphol Tilburg Amsterdam Centre Randstad Eindhoven Moerdijk Oosterhout-Raamsdonksveer Utrecht Breda Veghel Roosendaal

REGION
Mainports Mainports Central Brabant Mainports Centre East Brabant West Brabant West Brabant Centre West Brabant East Brabant West Brabant

Venlo Limburg

Nijmegen-Wijchen A15 Zone

Venray Limburg Tiel A15 Zone Almere Enschede-Hengelo-Oldenzaal Waalwijk Bergen op Zoom Den Bosch Apeldoorn Barendrecht-Ridderkerk Oss Helmond Alkmaar-Heerhugowaard-Langedijk Ede Etten-Leur Zwolle Centre North Central Brabant West Brabant Central Brabant Centre Mainports East Brabant East Brabant North Centre West Brabant North

Born Limburg

s Heerenberg A15 Zone

SOURCE: CB Richard Ellis | data per 31 december 2010

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STOCK (sq m)
1,365,000 1,070,000 985,000 910,000 880,000 855,000 660,000 610,000 600,000 595,000 540,000 516,000 500,000 415,000 400,000 380,000 310,000 300,000 290,000 285,000 280,000 260,000 215,000 212,000 210,000 205,000 200,000 195,000 195,000 180,000 180,000

RENTAL SHARE
68.7% 79.6% 74.7% 78.4% 67.0% 46.8% 73.2% 72.2% 45.0% 62.2% 60.3% 77.0% 51.1% 48.3% 88.7% 64.2% 89.9% 75.2% 43.1% 71.1% 36.6% 54.5% 27.4% 47.6% 86.4% 69.6% 81.6% 32.4% 57.5% 57.0% 34.3%

VACANCY
8.9% 9.1% 22.1% 17.1% 15.0% 4.5% 11.3% 9.5% 6.9% 6.4% 18.3% 12.5% 5.6% 20.2% 14.0% 4.9% 15.0% 6.5% 4.6% 22.6% 17.3% 9.9% 0.0% 0.0% 5.8% 7.6% 2.7% 0.0% 25.6% 11.2% 0.0%

75

CB RICHARD ELLIS
INDUSTRIAL & LOGISTICS THE NETHERLANDS Our experienced Dutch Industrial & Logistics team has thorough knowledge of logistics real estate and the logistics sector. Combined with our geographical spread and global research facilities, CB Richard Ellis can supply unparalleled expertise throughout the Netherlands and across all industrial and logistic disciplines. The services our team offers to investors, developers, financiers and end-users include: Advice on the acquisition and sale of industrial and logistics real estate (warehouses and distribution centres) Advice on the lease and rent of high-quality industrial and logistics real estate Advice on sale & leaseback transactions Advice on valuations Advice on developing of new distribution centres FULL SERVICE IN THE NETHERLANDS CB Richard Ellis is a full service organization specialized in advising investors, developers, financiers and end-users. We offer strategic advice and seek to solve various property issues for our clients. Operating from five offices in Amsterdam, Almere, Hoofddorp, The Hague and Rotterdam, CB Richard Ellis offers all relevant services when it comes to real estate. Whether assistance is required during lease/sell transactions, strategic accommodation advice, property & asset management, assessments, market research or overall project management, our professionals will be pleased to advice. INDUSTRIAL & LOGISTICS EMEA The EMEA Industrial & Logistics team offers a unique multi-disciplined pan European Industrial and Logistics capability. Our network spans 111 offices across 29 countries and employs 3,600 people in the Europe, Middle East and Africa region. As the leading pan European Property Advisors, we use our sector expertise and geographic spread, research capability and alliance partners to provide our clients with optimum real estate solutions. We offer a full range of property and related services including the following: Sales and Leasing Tenant Representation Site Finding Research and Consultancy Property Financing Sale and Leaseback Valuation Development Consultancy Building Surveying Portfolio Management Lease Consultancy

76

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77

COLOPHON
Cartography Topographic base (c) Kadaster, 2011 Graphic Design CB Richard Ellis Corporate Communications KINK-IT Photography Aerophoto Schiphol b.v. Thinkstock Research Machiel Wolters - Director Research & Consultancy machiel.wolters@cbre.com Disclaimer CB Richard Ellis has taken every care in the preparation of this publication. The sources of information used are believed to be accurate and reliable, but no guarantee of accuracy or completeness can be given. Neither CB Richard Ellis, nor any CB Richard Ellis company, nor any director, representative or employee of CB Richard Ellis or any CB Richard Ellis company, accepts liability for any direct of consequential loss arising from the use of this document or its content. The information and opinions contained in this publication are subject to change without notice. CB Richard Ellis 2011 No part or parts of this publication may be stored in a retrieval system or reproducedor transmitted in any form or by any means without prior written consent from CB Richard Ellis. More copies of this publication are obtainable from: CB Richard Ellis netherlands@cbre.com Tel. +31 (0)20 626 26 91

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