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Bakkers | Hommen

project maple

Portfolio acquisition – Q4 2016

Rotterdam, Amsterdam & Deventer

PROJECT maple

Aquired:

Location:

Value:

Q4 – 2016

Rotterdam, Amsterdam & Deventer

17 mio

Acquisition of a distressed office portfolio from an institutional German institutional investor. Project Maple compromises a total of four office buildings located in the cities of Rotterdam, Amsterdam and Deventer. The three office buildings have a total lettable floor area of approximately 6,536 sqm. All three properties were fully let and producing a total contractual gross income of 881.387 (1 October 2016) per year. The office building located in Rotterdam has a total lettable floor area of 33,236 sqm and fully vacant. Both interesting opportunities to either re-let as office building or redevelop for alternative use. A total acquisition of 40.000 sqm.