URBZ Capital acquires business complex at Spaanse Polder Rotterdam

Target Business complex at Spaanse Polder Rotterdam
Advisory sell side 1530 Real Estate | Commercial Advisory
Wilnis House Advocatuur | Legal Advisory
VBC Notarissen | Legal Advisory
Buyer URBZ Capital
Advisory buy side AKD Benelux lawyers | Legal Advisory
Date announced 2022-05-13
Data Room provider Virtual Vaults

Story:
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.

Source 1530 Real Estate
Source Vastgoedmarkt.nl