Bouwfonds European Residential Fund has acquired a portfolio of residential assets in the Dutch cities of Rotterdam and Leiden for EUR 51 mln. The vendor was Dutch residential property owner and developer Vesteda.
Bouwfonds European Residential Fund has acquired a portfolio of residential assets in the Dutch cities of Rotterdam and Leiden for EUR 51 mln. The vendor was Dutch residential property owner and developer Vesteda.
The portfolio comprises 270 apartments, 1,730 m2 of retail space and a parking garage in the centre of Rotterdam, as well as three residential towers with a total of 99 homes in Leiden.
Capital Value, together with law firm De Brauw Blackstone Westbroek, advised Vesteda in the transaction. Colliers International and CMS Derks Star Busmann acted for Bouwfonds European Residential Fund.
The deal marks the fourth so far in the Netherlands for the European Residential Fund. The fund has a volume of about EUR 500 mln and Bouwfonds expects to carry out more acquisitions in the Netherlands.
