Key information
- SectorLogistics
- TypeHQ, Food & Distribution
- StrategyCore-plus
- Websitehttps://www.dominos.nl/over-dominos/hoofdkantoor-gegevens
Domino’s Pizza
State-of-the-art cold storage and industrial facility with a 10+ year double-net lease in a prime location.
Real Estate | Netherlands
2020
Year of investment
11,438 m2
Asset size
100%
% of roof coverage by solar panels*
About
Located at Defensiedok 4 in Nieuwegein, Netherlands, this asset is a state-of-the-art cold storage and production facility. It is ideally located just one minute's drive from Highway A27, ensuring easy access. The facility spans 18,656 square metres, with an efficient lettable floor area of 11,438 square metres and 196 parking spaces, providing potential for future expansion. Additionally, it features 23 loading docks, accommodating a variety of uses both now and in the future.
Why we invested
Our investment in this facility was driven by a strong tenant covenant and the opportunity to develop a high-quality logistics property in a desirable location. The 10+ year double-net lease with Domino’s Pizza provides a stable income stream throughout the lease term and acts as a hedge against inflation. Additionally, the building’s modern design and flexible layout ensure its longevity and operational efficiency for both Domino’s Pizza and any future tenants, making it a valuable addition to our portfolio.
Value creation
The facility presents various avenues for value creation, particularly through a considerable expansion potential. This can accommodate future growth needs of the tenant while maintaining a strong and reliable partnership featuring recognised occupiers, such as DHL, PostNL, GXO and H&M.
Sustainability
Sustainability is a key component of this investment, exemplified by the facility's commitment to energy efficiency. With an energy rating of A1 for the office space, the building incorporates 1,328 solar panels, which generate a significant portion of energy needs2, enhancing its operational sustainability. Our Schroders Capital Real Estate experts monitor annual energy consumption on site and track the electricity generated by the solar panels each year, enabling us to assess the proportion of externally sourced electricity compared to locally generated electricity2. This commitment positions the facility as an attractive asset in today's market, reflecting a growing trend towards energy-efficient properties and less dependence on the electricity grid connection, which benefits both occupants and the environment.
*Note: Solar panel coverage is subject to technical limitations; some roof areas may not be usable.
1Rated by EPA - Energielabel voor uw bedrijf.
2 Proprli, 2024
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Important information
The information provided herein is only for professional clients. The case study provided is only for illustrative purpose and is not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.
Investments with similar characteristics, as well as their past performance may not be repeated in the future. Each asset class have specific risks. Investments in private assets involve a higher degree of risk than more traditional investments. The case study may have been chosen for a variety of reasons, such as being representative of the investment capabilities of the investment team. The circumstances presented are unique to each deal. They do not represent a full picture of the investments made by their respective team and of the product(s) that invested into the asset(s) presented in the case study.