Montea invests €68 million in prime multimodal locations in Western Europe
- Port of Antwerp: sale-and-leaseback of a 38,000 m² logistics site with Vanguard Logistics
- Frankfurt Airport: acquisition of a 23,000 m² logistics site, fully leased to Worldwide Flight Services (WFS)
- Two prime strategic logistics locations in Western Europe, let for a weighted average lease term of 12 years
- Total investment of €68 million, with an average net initial yield (NIY) of more than 6.5%
Sale-and-leaseback with Vanguard Logistics in the Port of Antwerp
Following the recently announced development for DP World on the Left Bank of the Antwerp port area in Belgium, Montea is now also acquiring a 38,000 m² logistics site on the Right Bank through a sale-and-leaseback transaction with Vanguard Logistics.
Vanguard Logistics is the global market leader in Less than Container Load (LCL) logistics, offering a comprehensive portfolio of ocean freight, warehousing, and end-to-end supply chain solutions. By combining a global network with deep local expertise, Vanguard enables seamless, safe, and timely movement of cargo across European and international markets, delivering reliable and customer-focused logistics services.
As part of this agreement, Vanguard is selling its logistics facility in the Port of Antwerp to Montea and will immediately lease it back under a long-term lease agreement.
Montea and Vanguard will also jointly explore further sustainability initiatives and quality enhancements for the site. These initiatives reflect a shared long-term vision and a strong partnership between both parties.
“Belgian ports are a vital driver of logistics activity in Europe. Following Blue Gate Antwerp (2015), Luithagen (2024) and DP World (2026), this transaction with Vanguard further reinforces our strategic footprint in the Port of Antwerp, a location where scarcity, multimodal connectivity and economic activity come together.” - Xavier Van Reeth Country Director Belgium Montea
Acquisition of a logistics site at Frankfurt Airport, fully leased to WFS
In addition to the transaction in Antwerp, Montea is completing a new acquisition in Germany: 23,000 m² of logistics space in a unique location within Germany’s largest air cargo hub. Cargo City South provides direct access to both airside and landside infrastructure, a well-developed customs environment and immediate connections to international flows of goods. Frankfurt Airport handled approximately two million tonnes of cargo in 2025 and remains Europe’s leading hub for air cargo and international freight transport.
The warehouse is fully leased to Worldwide Flight Services (WFS), part of the SATS Group and one of the world’s leading providers of air cargo handling and logistics services. The long-term lease further underlines Frankfurt Airport’s strategic importance for international air cargo and logistics activities.
“Airport real estate has long been part of Montea's DNA. Opportunities to acquire high-quality logistics real estate directly in Cargo City are exceptionally scarce. This acquisition combines an irreplaceable location with a high-quality building and a strong international tenant. It is fully aligned with Montea’s strategy of investing in scarce yet critical multimodal logistics locations and is an excellent addition to our German portfolio.” - Jo De Wolf, CEO Montea
Focus on prime logistics locations
With these two transactions, Montea confirms its Track27 ambition to continue investing in logistics infrastructure at prime strategic locations in the heart of Europe. Both the Port of Antwerp and Frankfurt Airport rank among Europe’s leading logistics hubs and offer a unique combination of accessibility, scale and economic dynamism.
Both acquisitions are being completed on concession land, for which long-term ground lease agreements have been secured. Together, these acquisitions represent an investment value of €68 million at an average net initial yield (NIY) of more than 6.5%, and a weighted average lease term of 12 years.
Through these transactions, Montea converts the exclusive investment opportunities announced in Q1 2026 into tangible growth, delivering on its ambition to invest ca. €90 million in directly yielding acquisitions at a NIY of more than 6.5%.
ABOUT MONTEA “SPACE FOR GROWTH”
Montea NV is a listed real estate company under Belgian law (GVV/SIR) that specializes in logistics property in Belgium, the Netherlands, France, and Germany. The company is a leading player in this market. Montea offers its clients the space they need to grow, providing versatile and innovative property solutions, allowing Montea to create value for its shareholders. On June 30, 2026 the property portfolio comprised a total lettable area of 2,408,382 m², spread across 126 locations. Montea NV has been listed on Euronext Brussels (MONT) and Euronext Paris (MONTP) since the end of 2006.
Press contact
Inna Maslova
Arnaud Verwacht