First Business Parks

  • Launched
  • Profile
  • Fund volume
  • Properties
  • Status
  • 04/2015
  • Light Industrial
  • €100m
  • 6
  • divested Q4-2018

First Business Parks was launched as a joint venture with an international family office, for the purchase of last-mile logistics properties. Through proactive asset management and close  tenant support, a high distribution yield generated. The portfolio was sold in 2018, at a price resulting in an IRR of over 16%.

Status as of 31 December 2018