Montea continues its growth story with € 90 million in new investments

Montea has purchased four sites: three in the Netherlands, in Zeewolde, Almere and Zwijndrecht and one in Avignon, France. In total, these acquisitions represent ca. 152,000 m² of land with ca. 76,000 m² of storage space, mezzanines and offices. The total investment of € 90 million grows the portfolio by 4.5%. These investments provide an immediate net return of ca. 4.8% or a total rent of ca. € 4.3 million. The purchases are part of the Track'24 growth plan through which Montea aims to achieve by 2024 the largest growth in its history.