Real Estate Performance News

HighBrook buys 11,000 sq m urban logistics property in Eindhoven for CityLink Portfolio

HighBrook and Proptimize have acquired the logistics business complex at Hooge Zijde 32 in Eindhoven from a private investor, in an off-market transaction. The total property includes 11,000 sq m of logistics business space, divided into 8,000 m2 warehouse with 3,000 sq m office and is leased to Kulicke & Soffa.

Kulicke & Soffa Industries, Inc. listed on the NASDAQ has emerged from the former Philips Assembleon and is the world’s largest manufacturer and supplier of semiconductor assembly equipment. The company offers comprehensive assembly solutions to its many customers worldwide.

About CityLink

Private equity real estate investor HighBrook Investors, together with Proptimize, established the CityLink platform in early 2021. The focus is on urban logistics real estate for last-mile solutions, the growing trend in crowded areas. In the coming months, CityLink aims to expand their portfolio from ± 40 DCs to more than 70 DCs in the Randstad and Eindhoven region.

Q Bedrijfslocaties from Eindhoven brought about the transaction on behalf of CityLink.