AXA IM Alts has acquired, on behalf of AXA IM Alts’ logistics strategy, a 61,000m² (c.650,000ft²) logistics centre in Bleiswijk, Netherlands.
AXA IM Alts is a business unit of AXA Investment Managers, part of the BNP Paribas Group since 1 July 2025 following the closing of its acquisition.
AXA stated that the transaction represents one of its largest logistics acquisitions in the Netherlands.
Completed in December 2020 and fully leased, the logistics centre comprises warehousing and office space and is located within the Randstad region.
In line with AXA IM Alts’ commitment to acquire, develop and manage sustainable real estate assets with strong ESG credentials, the scheme achieved BREEAM ‘Outstanding’ certification and features rooftop PV panels and heat pump systems.
This transaction expands AXA IM Alts’ €9 billion (c.£7.7bn) global logistics portfolio and deepens its exposure to the strategic Dutch market, characterised by robust fundamentals and constrained supply.
AXA IM Alts head of transactions Belgium, Netherlands & Luxembourg, Bernard d’Ocquier, said: “Having patiently monitored the Dutch logistics market for attractive entry points, this acquisition reflects our strong conviction in the fundamentals of the asset class and the resilience of the Randstad region.
“The asset is fully leased to a high-quality occupier with a strong market position, underpinned by diversified operations across both physical and online retail – sectors driving sustained demand as e-commerce continues to expand.
“Its grade-A specifications, sustainability credentials and strategic location make it fully aligned with our core investment strategy of targeting prime assets and building long-term partnerships with market-leading logistics occupiers.”