CBRE Investment Management Acquires Last-Mile Logistics Asset in Amsterdam

CBRE Investment Management (“CBRE IM”), on behalf of a fund sponsored by the firm, has acquired AMS CityDocks, a state-of-the-art last-mile distribution centre strategically located on the western edge of Amsterdam, between the city, Port of Amsterdam and Schiphol Airport.

Developed by Proptimize and Built to Build Real Estate, the multi-tenant facility, which reached practical completion in September 2025, is split across two buildings spanning approximately 38,000 sq m. One of the buildings, covering 13,280 sq m, has already been leased to Medux, a leading player in the Dutch healthcare sector.

The asset has direct access to the A5 and A9 motorways and serves a substantial catchment area, with 2.3 million people living within a 30-minute radius. It also offers robust electrical infrastructure, with an exceptional energy capacity of up to 9MW.

The all-electric property is expected to achieve a BREEAM ‘Excellent’ rating and has a number of sustainable features, including EV charging points and rooftop solar panels. A new publicly accessible park is also being delivered next to the building.

Antonio Simontalero, Portfolio Manager at CBRE Investment Management, said: “As a best-in-class distribution centre designed to meet occupiers’ needs both now and in the future, AMS CityDocks fits seamlessly within our strategy to invest in high-quality logistics assets in key European cities. Providing a rare combination of quality, location and future readiness, this asset aligns perfectly with our return and sustainability requirements.”

Krijn Taconis, Head of Transactions for the Netherlands at CBRE Investment Management, said: “With land and energy capacity for logistics schemes in Amsterdam in short supply but demand continuing to rise, we have strong conviction in this sector. This was a rare opportunity to acquire a core, high-quality last-mile logistics development in one of the Netherlands’ most sought-after hubs.”

About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $155.3 billion in assets under management* as of June 30, 2025, operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.