NL – PPF acquires office building “Hofpoort” in Rotterdam

PPF Real Estate Holding acquired the office building “Hofpoort” in Rotterdam. CVO supported the investor in the acquisition phase with technical due diligence and re-development services. The vendor was Hofplein OG C.V.
The office building will be re-developed to a modern and efficient office building.

It was designed by Dutch architects ZZDP and opened in 1976 for Shell. It consists of approx. 18.000 sqm LFA and 311 parking spaces.
The building is located at Hofplein 20 in Rotterdam. The main tenant will be Spaces.

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

Based on an article by PPF Real Estate of November 2015.