Two Dutch private investors have jointly acquired a portfolio of 11 properties from health insurers' pension fund Stichting Bedrijfspensioenfonds Zorgverzekeraars (SBZ) for EUR 105 mln. The portfolio mainly comprises homes and retail units, plus three office buildings and an industrial asset mainly in the Randstad urban agglommeration in the western part of the Netherlands.
Two Dutch private investors have jointly acquired a portfolio of 11 properties from health insurers' pension fund Stichting Bedrijfspensioenfonds Zorgverzekeraars (SBZ) for EUR 105 mln. The portfolio mainly comprises homes and retail units, plus three office buildings and an industrial asset mainly in the Randstad urban agglommeration in the western part of the Netherlands.
The transaction marks the final divestment of SBZ's direct property assets within a 10-month period. The funds freed up by the divestment will be invested in other assets, including pan-European indirect real estate.
SBZ was advised by Cushman & Wakefield, Loyens & Loeff and PricewaterhouseCoopers (PwC). The buyers, who carried out the deal via the vehicles Solidiam and Zegwaard Beheer, were advised by Appelhoven Vastgoedadviseurs, Rechtstaete en BakerMcKenzie.
