Homburg Invest has finalised the acquisition of four commercial properties located in the Dutch cities of Eindhoven, Sittard, Rotterdam and Tilburg. In a statement, Homburg said the buildings were purchased through limited partnerships controlled by Homburg.
Homburg Invest has finalised the acquisition of four commercial properties located in the Dutch cities of Eindhoven, Sittard, Rotterdam and Tilburg. In a statement, Homburg said the buildings were purchased through limited partnerships controlled by Homburg.
About EUR 5.5 mln of the total purchase price and costs was paid in cash, EUR 31 mln was settled by mortgage financing and about EUR 4.5 mln was paid through the issuance of
1 million Class A subordinate voting shares in Homburg.
Headquartered in Halifax, Nova Scotia, Homburg owns and develops a diversified portfolio of quality real estate including office, retail, industrial and residential apartments throughout Canada, the United States and Western Europe.