Post by Montea

Unlocking the next phase of Logistic Park Glassworks. Montea continues to activate its strategic landbank with the launch of DC Quartz, a new 67,400 m² logistics development at Logistic Park Glassworks in Tiel. Around 70% of the development has already been pre-let to BSH Home Appliances, part of the BSH Home Appliances Group and the global licensee for the Bosch and Siemens brands, under a minimum 10-year triple net lease agreement. Advanced discussions are ongoing for the remaining space. As Hylcke O., Country Director Netherlands at Montea, explains: "The partnership with BSH Home Appliances underlines the potential of Logistic Park Glassworks. The project combines a strategic location, scale and future-proof infrastructure with a long-term vision for logistics real estate." For BSH Home Appliances, the location was a key consideration: "For our logistics operations, a centrally located site with excellent facilities is essential to support our long-term growth strategy in the Dutch market. We have now found that location, enabling us not only to accelerate our deliveries and services in the Netherlands, but also to make them more reliable and cost-effective." - Bart Meers, Global Executive Head of Logistics, Warehousing at BSH Home Appliances DC Quartz represents the next phase in the development of Logistic Park Glassworks, transforming the former Maasglas factory site into a future-ready logistics park with multimodal access and significant grid capacity. Since 2021, Montea has invested approximately €178 million in Tiel. Together, the five projects launched since then generate an average expected NIY of 7.5%, demonstrating how strategic landbank activation continues to create long-term value. #Montea #SpaceForGrowth #LogisticsRealEstate #Landbank