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Veritas finds smart property solution with Goodman at Kersdonk Logistics Centre

Thursday, 14 November 2013

Following an extensive search for a warehouse in the Antwerp area Veritas will lease 12,000 sqm of logistics space from Goodman.

Goodman signed the long-term lease with Veritas, on behalf of Goodman European Logistics Fund (GELF). The lease agreement is for a 12,000 sqm warehouse at the Kersdonk Logistics Centre in Willebroek. Veritas will also have the flexibility to expand their space as their business requires at the 70,000 sqm logistics centre.

Veritas will invest in automation within the warehouse to create a state of the art operation equipped for future opportunities. Goodman’s in-house technical team will assist Veritas with the project. Veritas is a Belgian retailer with over 120 stores in Belgium and Luxembourg, with dynamic expansion plans.

In return for signing a long term lease, Veritas needed a landlord with the long-term vision and willingness to continue investing in the logistics centre. Goodman will provide not only a high quality building but also a long-term property management relationship with support and investment from a multidisciplinary team.

Patrick van Kerkhoven, Real Estate Manager, Veritas said: “We were not just looking for a building in a prime location but also for a partner who understood our needs and had the in- house expertise to support our desire to fully automate our new warehouse. We can also expand at Kersdonk Logistics Centre, which is an important consideration for our business.Therefore Goodman was our preferred partner.”

Welcoming the signing of the leasing deal Kim Cornille, Country Manager Belgium said: “While our high quality portfolio attracts new customers, our in-house property management team and long-term commitment guarantee high customer retention. We are delighted to sign this latest leasing agreement in Belgium, which reflects our customer’s focus on a high quality, well located warehouse.”

Kersdonk Logistics Centre is strategically located on the A12 motorway connecting Antwerp to Brussels. In addition to excellent road accessibility, Kersdonck benefits from a large inland waterway port 3 km from the warehouse. The property is 21 km from the Port of Antwerp and 30 km from Brussels Airport.

Goodman is the long term investor and manager of a high quality pan-European portfolio. It is particularly attractive to occupiers due to the scarcity of supply of Class A warehouses in prime locations. The prime product is one of the reasons that the portfolio maintains its high occupancy rate of 96%.

For further information, please contact Goodman:

Jeroen Gaudissabois, +32 (0)2 235 01 46, 
Porter Novellie, +32 (0)495 62 66 77,

About Goodman

Goodman is an integrated property group that owns, develops and manages logistics space across Continental Europe, the United Kingdom, the Asia-Pacific region, North America and Brazil. The Group invests in business parks, office parks, industrial estates and warehouse and distribution centres.

Goodman also offers a range of listed and unlisted property funds, including its flagship European fund Goodman European Logistics Fund (GELF), giving investors access to a range of specialist services and property assets. Goodman works continually to build value in logistics property and fund management, with innovative new developments, and business and investment offerings.

With total assets under management of €16.7 billion and over 400 properties under management, Goodman is the largest industrial listed property group on the Australian Stock Exchange, and one of the largest listed specialist fund managers globally. Its market insight and dedicated local teams create sound investment opportunities and develop properties and environments that meet each client’s individual requirements.

With more than 1,000 staff and 36 offices in 18 countries, Goodman has the global reach to meet customers’ needs as their businesses expand or evolve. In Europe, Goodman has offices in Germany, the Netherlands, Belgium, Luxembourg, France, Spain, Italy, Poland, Czech Republic, Hungary, Slovakia and the UK.

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