Key information
- SectorLogistics
- TypeHQ, Food & Distribution
- StrategyCore-plus
- Websitehttps://www.dominos.nl/over-dominos/hoofdkantoor-gegevens
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
Marketing material for Professional Clients only. Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. All investments involve risks including the risk of possible loss of principal. Any reference to regions/ countries/ sectors/ stocks/ securities is for illustrative purposes only and not a recommendation to buy or sell any financial instruments or adopt a specific investment strategy.