Hamburg-based Wölbern Invest has acquired an office development in Rotterdam for a new EUR 50 mln closed-ended fund being launched in spring 2010. The financial details of the transaction were not disclosed.
Hamburg-based Wölbern Invest has acquired an office development in Rotterdam for a new EUR 50 mln closed-ended fund being launched in spring 2010. The financial details of the transaction were not disclosed.
The 25,000-m2 office complex in the Rotterdam Prins Alexander district is being developed as a CO2-neutral scheme by Dutch developer OVG as the new headquarters of power company Eneco. Completion of the green certified building, which will cater for 1,400 Eneco employees, is scheduled for 2011. Financing for the project is being provided by Dutch lender FGH.
