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Titan Real Estate Investment Management

 

Titan rents out various industrial space on Trade Park Zuid Oost

15-10-2015

During the past quarter Titan REIM, on behalf of the owner has rented out various industrial units on Trade Park Zuid Oost in Amsterdam. In various transactions and renewals more than 4,000sqm office and warehouse space was let.

The main transaction has been the expansion of Benetton: following previous expansions during the past years, Benetton has agreed to expand into a fifth industrial unit as per 1 November 2015.

Vincent Spruijt, partner at Titan: ‘The recent expansion of Benetton within Trade Park Zuid Oost is exemplary for the improving market circumstances and also demonstrates the strength of this multi-let industrial estate whereby active management allows tenants to expand or move within the estate dependent upon their needs. We notice a clear improvement in market demand for high quality (light) industrial space in this part of Amsterdam and expect to conclude further transactions with quality tenants shortly.’

Trade Park Zuid Oost, also known as TPZO, is a high quality multi-let industrial estate consisting of 63 industrial units with office space, varying in size from ca. 300sqm to ca. 3,000sqm. Trade Park Zuid Oost is well-located on the Keienbergweg and Hoogoorddreef in Amsterdam Zuid Oost.