Round Hill Capital has added a €47 mln portfolio to its residential investment and asset management platform in the Netherlands.
The newly acquired portfolio comprises 449 residential units over 30,390 m2. It was sold by Dutch company Daelmans Vastgoed.
Dutch bank ABN Amro is financing the portfolio.
London-headquartered Round Hill entered the Dutch residential market three years ago, and since then has acquired several portfolios to build a significant residential investment and asset management platform. The latest acquisition lifts the number of units acquired to in excess of 9,500.
Michael Bickford, founder and CEO of Round Hill Capital, said: 'Round Hill remains committed to investing in, developing and managing European residential property in a responsible and reliable way and we continue to look to make further investments in the Netherlands and other target markets in line with our investment strategy. Round Hill's proven track record of long term ownership and our professional residential property management expertise ensures that our tenants benefit from our focus and approach.'
Round Hill has invested more than €6 bn in European real estate since its inception in 2002. The company has acquired acquired and managed more than 1000,000 residential units across Europe and is one of the largest private landlords in the Netherlands and the Czech Republic.
Daelmans Vastgoed was advised on the sale by Van Dijk en ten Cate Real Estate Agents and Notary public AchtenvanGent.
