GLP has announced its first acquisition in Belgium, of a recently developed 60,000 sq m facility in Ghent.
The 60,000 sq m facility is reported to have been fully leased to two 3PL customers and is located in the Port of Ghent with infrastructure directly linking to Antwerp, Brussels and to France and the Netherlands.
GLP stated that this marks the starting point for further acquisitions and developments in Belgium and will expand GLP’s European presence to 17 countries. The company said this follows a period of significant growth after it acquired a portfolio in Central and Eastern Europe in July 2020.
Philippe Hendriks, Development Director at GLP, said “Belgium is a core location for logistics due to its excellent connectivity and infrastructure to Europe and an important market for GLP as we look to grow our presence in the region. Acquiring our first asset in the country is part of an ongoing strategy to expand our offering for customers across the continent and in the Benelux specifically.”