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.

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 center of Rotterdam.

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

Based on an article by PPF Real Estate of December 2014.