Amsterdam, 04 November 2024 – DHS Real Estate Investment Management is thrilled to announce the formation of a strategic Joint Venture with Renard Investments and Altman Logistics Properties (former BBX Logistics Properties) in the U.S.. This partnership is formed by DHS on behalf of Renard Investments, an entrepreneurial family office and marks DHS’s expansion into the U.S. market, representing a significant milestone in its growth strategy.
DHS Real Estate Investment Management has built a strong reputation for successfully managing investments and developments on behalf of both institutional clients, such as Prudential (PGIM), and private capital from a variety of family offices. With the establishment of this Joint Venture, DHS is set to leverage its expertise in real estate investment and developments to pursue opportunities within the thriving U.S. Industrial and Logistics market.
Altman Logistics Properties specializes in the development and management of real estate projects, with a keen focus on identifying infill speculative and build-to-suit industrial opportunities. This partnership will enable DHS and Renard to tap into Altman’s extensive local knowledge and operational capabilities, facilitating the identification and execution of high-potential real estate investments.
Renard Investments is a family office dedicated to sustainable warehouse development and is excited about expanding into the U.S. market. “Our background in the sustainable energy industry combined with the growth of the American market is unparalleled, and we look forward to building that future with Altman,” said Stijn Vos, founder of Renard Investments.
“We are excited to embark on this partnership with Altman Logistics Properties,” said Wouter Vos, Managing Director of DHS Real Estate Investment Management. “Their deep understanding of the U.S. logistics landscape complements our investment strategies perfectly. Together with our partner Renard Investments we are well-positioned to capitalize on emerging opportunities in the market.”
With this Joint Venture we are excited to announce the closing of our inaugural project, Apex Park at Parsippany, a fully entitled, state-of-the-art logistics facility spanning 140,000 square feet. Construction is scheduled to begin in early 2025. This facility is strategically situated just minutes from key thoroughfares, including I-280, I-78, and Routes 24, 46, and 10, and is under 30 miles from New York City. It is located north of the Morristown Central Business District and within New Jersey’s “Golden Triangle.”
This partnership signifies a new chapter for both organizations as they collaborate to navigate the complexities of the U.S. real estate market. The Joint Venture is set to commence operations immediately and aims to target key logistics hubs across the United States, focusing on projects that meet the growing demand for industrial spaces and logistics solutions.
For media inquiries, please contact:
Wouter Vos
Managing Director
Woutervos@dhsreim.com
DHS Real Estate Investment Management B.V.
Gustav Mahlerplein 28
1082 MA Amsterdam
www.dhsreim.com
