Frasers Park Industrial successfully completes Frasers Park Roermond first speculative development in the Netherlands
21 NOVEMBER 2022
Artist's impression only
Artist's impression only
Frasers Property Industrial has successfully completed the construction of Frasers Park Roermond, its first speculative development in the Netherlands.
The completed 33,000 square metre state-of-the-art warehouse is located at the industrial area Roerstreek-Noord in Roermond. It comprises two facilities of approximately 18,000 and 15,000 square metres in warehousing and logistics space, as well as two separate office spaces and mezzanine floors. Frasers Park Roermond is well positioned to service national and international customers thanks to its strategic location in the south-east of the Netherlands and close proximity to the German and Belgian borders. The company is currently in talks with several prospects and has recently celebrated the completion of the site with representatives of the municipality of Roermond.
Frasers Property Industrial aims to achieve a BREEAM-NL “Excellent” certification for Frasers Park Roermond thanks to the installation of solar panels on the roof of each facility. Furthermore, all exterior and interior lighting is energy-efficient LED lighting. With initiatives such as an ‘insect hotel’ providing shelter and nesting places for various types of insects, Frasers Park Roermond provides a favourable environment for flora and fauna.
Frasers Park Roermond was first announced in November 2020 when Frasers Property Industrial acquired the 49,358 square metre development site. As part of Frasers Property's focus on creating places for good, Frasers Property Industrial is supporting Leergeld Roermond, a locally active association giving children from low-income backgrounds access to in-school and extracurricular activities.
Frasers Property Industrial developed Frasers Park Roermond in collaboration with E-Prop as development partner and VDR Bouwgroep as general contractor.
Alexander Heubes, Managing Director Europe at Frasers Property Industrial, comments: “The completion of Frasers Park Roermond is a major milestone for us as it marks the successful completion of our first speculative development in the Netherlands. It has been a pleasure to work alongside E-Prop and VDR Bouwgroep to bring the project to life and we’re looking forward to welcoming clients to our new state-of-the-art facility.”
Bruno Du Ry, Director at E-Prop, reflects: “Thanks to the smooth and efficient collaboration with Frasers Property Industrial and VDR Bouwgroep, we were able to complete Frasers Park Roermond ahead of schedule. This is a remarkable achievement considering the pandemic-related difficulties in the market environment.”
Luc Baltus, Managing Director at VDR Bouwgroep, adds: “Frasers Park Roermond is the perfect example of how to deal with the building land scarcity in a sustainable way: through developing old industrial sites to high-quality facilities with a low environmental impact. For this reason, we are particularly proud to have contributed together with Frasers Property Industrial and E-Prop to the successful completion of this state-of-the-art logistics distribution center.”
JLL and M² Real Estate are the appointed leasing agents for Frasers Park Roermond.
New development acquired in Lelystad, the Netherlands
We have acquired a development from Amazone Real Estate strategically located in Lelystad, the Netherlands. The development encompasses the construction of a new logistics facility spanning 36,402 sqm with construction set to begin in January.
Frasers Property Industrial reports profit before interest and tax of S$352.5 million (A$392.3 million & EUR 244.3 million) for FY23, with assets under management of S$11.0 billion (A$12.5 billion & EUR 7.6 billion).
See why Décor Corporation chose Frasers Property Industrial’s Rubix Connect in Victoria’s Dandenong South as the perfect home for its new distribution centre and head office, in our latest video featuring Mathew Ward and Andrew Hanna.
Frasers Property Industrial acknowledges the Traditional Custodians of the land which our business operates. We pay our respects to Aboriginal and Torres Strait Islanders Elders’ past, present and future.