Institutional investor acquires Rochussenstraat 198-210 Rotterdam

An institutional investor has purchased Rochussenstraat 198-210 in Rotterdam from funds affiliated with MCAP Global Finance (UK) LLP, the UK affiliate of New York based global asset manager Marathon Asset Management L.P (“Marathon”). The building, which comprises more than 16,000 sq. m. of educational and office space, is strategically located next to the Erasmus MC and is leased to the Rotterdam University of Applied Science on a long-term basis. 

During Marathon’s ownership, the 17-storey building has undergone a raft of sustainability upgrades, giving it an A + energy label and a BREEAM Very Good certification. The tenant has also completed various changes internally to facilitate further growth for the Institute for Healthcare, which provides bachelor's and master's degrees in the healthcare sector.

Despite challenging market conditions, Marco Clarijs sees a sustainable demand for stable and well-managed assets such as Rochussenstraat 198-210. “In the face of a changing sentiment in the real estate market, the combination of location, a strong tenant and future-proof sustainability criteria has generated broad interest in this specific proposition. Marathon and Rotterdam University of Applied Sciences have invested heavily into the building and the lease has been extended recently. The sale therefore comes at a natural time for Marathon to transfer ownership to a long term investor.“ 

Purchaser was assisted in this transaction by Dentons, CVO and MeetAtelier. 

Marathon was advised by CBRE, Edmond de Rothschild REIM Benelux, Loyens & Loeff (legal) and Savills (property management). 


About CBRE
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company with headquarters in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company employs more than 100,000 people worldwide and provides services in over 100 countries. 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 and

About Marathon
Marathon Asset Management, L.P. is a global credit manager with approximately $20 billion in assets under management. The firm was founded in 1998 and is managed by Bruce Richards (Co-Founder & CEO) and Louis Hanover (Co-Founder & CIO). Marathon’s corporate headquarters are located in New York City and it has offices in London, Tokyo, Miami, Los Angeles and Luxembourg, with more than 160 employees worldwide. Marathon deploys capital in the public and private credit markets, corporate loans and bonds, emerging market debt and structured credit markets, including real estate and asset-based lending. For additional information, please visit