Promese Logistics has sold its distribution center in Eindhoven to BNP Paribas REIM through a sale and leaseback construction. The building is located at Flight Forum 2500 in Eindhoven, near Eindhoven Airport.
The distribution center was constructed in 2006 and has a floor area of approximately 21,000 m². Promese acquired the building in 2016 and then thoroughly modernized it. The building serves as the head office for the operation of Promese Logistics; an OmniChannel fulfillment provider for B2B and B2C. The logistics service provider is particularly focused on the fashion and home entertainment sector.
The sale and leaseback is concluded on the basis of a lease term of 10 years. The asset is added to BNP Paribas REIM's Eurozone Logistics Fund, which has already made several purchases in the Netherlands, France, Italy and Germany.
TLF real estate advised Promese in the sale & leaseback transaction, in collaboration with AKD. BNP Paribas REIM was advised by Norton Rose Fulbright and Arcadis.
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