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).
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.