NEWS FROM THE CVO GROUP

NEWS ARCHIVE

December 2014

NL - Blackstone acquires 14 retail assets in the Netherlands

Blackstone Real Estate Partners Europe IV (Blackstone) acquired 14 Dutch retail assets from CBRE Global Investors. CVO Group supported Blackstone with technical due diligence services.

 

December 2014-1.jpgKloosterveste, Assen

 

December 2014-2.jpgDe Parade, Nootdorp

 

The assets were added to Blackstone’s European retail platform, i.e. Multi Corporation.

The acquired portfolio consists of 107,500 sqm and is located in city centres and residential areas across the Netherlands such as Nootdorp, Utrecht and Leusden. Anchor retailers include Ahold, Blokker and H&M.

 

Besides by the CVO Group, the investor was assisted by Loyens&Loeff and PWC.

 

- Based on an article by Multi Corporation of December 2014 -

December 2014

NL - Blackstone fund acquires retail centre Wielwijk in Dordrecht

A fund related to the Blackstone Group International Partners LLP acquired the “Wielwijk” shopping centre in Dordrecht from MeesPierson Vastgoedfonds Admiraalsplein C.V. CVO Group supported Blackstone with technical due diligence services.

 

December 2014-5.jpgWielwijk, Dordrecht

 

The asset was added to Blackstone’s European retail platform, i.e. Multi Corporation.

 

The acquired portfolio consists of 7.558 sqm and it has 20 shops. Anchor retailers include Ahold, Aldi and Kruidvat.

 

Besides by the CVO Group, the investor was assisted by Loyens&Loeff and PWC.

 

- Based on an article by Multi Corporation of December 2014 -

December 2014

NL – PPF acquires “Millennium Tower” in Rotterdam

PPF Real Estate Holding acquired the mixed use property “Millennium Tower” in the central business district of Rotterdam. CVO supported the investor with technical due diligence services.

 

December 2014-3.jpg

Millennium Tower, Rotterdam

 

The building was completed in the year 2000. It consists of approx. 30.000 sqm LFA and 167 parking spaces. Hotel operator Marriot leases the lower half of the building up to the 13th floor. The hotel has 230 rooms. The upper half has office use (approx.13.000 sqm LFA). The building is located at Weena 686 in the city centre of Rotterdam.

 

Besides by the CVO Group the investor was assisted by NL Real Estate.

 

- Based on an article by PPF Real Estate December 2014 -

December 2014

NL – Delin Capital acquires a logistics property in Amsterdam

Delin Capital Asset Management Limited has acquired the logistics asset Casablancaweg 8 in Amsterdam. CVO Group supported the investor in the pre-acquisition phase with technical due diligence services. The vendor was DHG Group, who developed the asset.

 

December 2014-4.jpgCasablancaweg 8, Amsterdam

 

The 107.000 sqm LFA logistics asset is strategically located in the port of Amsterdam, the fourth largest port in Europe. It was developed in phases from 2009 to 2011 and it is fully let to six high quality tenants, comprising a mix of manufacturers, retailers and logistics companies, including Fetim, GE Aviation, Heartland, NOV and KWE.

Besides by the CVO Group the investor was assisted by CMS Derks Star Busmann.

 

- Based on an article by Delin Capital Management of December 2014 -