CB Richard Ellis Strategic Partners Europe Fund III, a fund managed by CB Richard Ellis Investors, has acquired from a Dutch private investor a real estate portfolio comprising 22 properties (two logistic centres and 20 office buildings) for an undisclosed amount. The properties are located throughout the Netherlands and represent a total area of 122,000 m2, split into 42,000 m[sup]2[/sup] of logistic space and 80,000 m[sup]2[/sup] of office space. The portfolio purchased is the fund's first acquisition in the Netherlands. CBRE Investors was advised by CB Richard Ellis, Rietmeijer Huisvestingsadviseurs and Loyens & Loeff.
CB Richard Ellis Strategic Partners Europe Fund III, a fund managed by CB Richard Ellis Investors, has acquired from a Dutch private investor a real estate portfolio comprising 22 properties (two logistic centres and 20 office buildings) for an undisclosed amount. The properties are located throughout the Netherlands and represent a total area of 122,000 m2, split into 42,000 m2 of logistic space and 80,000 m2 of office space. The portfolio purchased is the fund's first acquisition in the Netherlands. CBRE Investors was advised by CB Richard Ellis, Rietmeijer Huisvestingsadviseurs and Loyens & Loeff.
Through this acquisition, CB Richard Ellis Strategic Partners Europe Fund III continues its pan European acquisition program. The fund portfolio comprises buildings located in the large metropolitan areas of France, Belgium and Germany. CBRE Investors is the wholly-owned, independently managed, investment management affiliate of the world's leading real estate services firm, CB Richard Ellis. It has over EUR 22 bn of assets under management worldwide, about 46% of which are in Europe. CBRE Investors has a long track record of investing in real estate and closed in 2006 investments for more than EUR 6 bn.
