Amsterdam,
06
December
2018
|
13:21
Europe/Amsterdam

CBRE GI sells 535 homes to CAPREIT

CBRE Global Investors has sold 535 properties to Capreit and its Dutch partner Rubens Capital Partners on behalf of the CBRE Dutch Residential Fund. The portfolio consists of 535 homes, 1 commercial space and 307 parking spaces.

The homes – approximately 75% apartments and 25% single-family homes – are spread across 13 locations in the Netherlands and have an average surface area of 100 sq. m. Most homes in the portfolio were built after 1999, have energy label A or B and are let in the mid-price range. Most are situated in housing complexes where no individual properties have been sold. The homes are located in towns such as Schiedam, Delft, Weert, Roermond, and Venray.

The CBRE Residential Capital Markets team supervised this transaction on behalf of CBRE Global Investors. Houthoff acted as legal advisor.

For more information about this transaction you can contact Laurens de Blij, Senior Consultant Capital markets CBRE (laurens.deblij@cbre.com).

Boilerplate

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.