|Target||Business complex at Spaanse Polder Rotterdam|
|Advisory sell side||1530 Real Estate | Commercial Advisory
Wilnis House Advocatuur | Legal Advisory
VBC Notarissen | Legal Advisory
|Advisory buy side||AKD Benelux lawyers | Legal Advisory
|Data Room provider||Virtual Vaults
On behalf of Ivanhoe Cambridge, URBZ Capital has acquired a business complex at Schuttevaerweg 22, Amstelstraat 11 and Vlaardingweg 63-65 at the Spaanse Polder industrial area in Rotterdam. This is a sale and leaseback transaction for three buildings with a total area of approximately 19,000m² of commercial/office space on over 28,000m² of land. URBZ Capital intends to continue transforming the building into a modern and sustainable last mile hub over the next few years. According to the delivery note, seller Bidfood received €21.25 million They obtained commercial and legal advice from 1530 Real Estate, Wilnis House Advocatuur and a VBC Notarissen. The buying party obtained legal advice from AKD Benelux attorneys.