Urban Interest buys Storq real estate portfolio
Urban Interest has purchased Onderlinge ’s-Gravenhage’s Storq Commercial Portfolio. Most properties in the real estate portfolio are located in the The Hague region. This portfolio is characterised by the authentic character of the properties, more than half of which were built in the early twentieth century.
The Storq portfolio consists of 5 office villas, 4 shopping malls with residences on the upper floors, a healthcare institution and 7 student residences. A large part of the portfolio consists of historical buildings. The total floor space of all properties is approx. 10,000 sq. m. CBRE supervised the sale on behalf of Onderlinge 's-Gravenhage, in which the Capital Markets, Capital Advisors and Development Services departments were involved.
Krijn Taconis from Urban Interest says: “we are very pleased with the acquisition of these beautiful pre-war complexes. The Storq portfolio is a nice addition to our existing portfolio. Urban Interest is continuously expanding its portfolio and is therefore open to new propositions”.
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 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 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.