CAPELLE AAN DEN IJSSEL, THE NETHERLANDS

Kerklaan 450 - Development of 140 Apartments

LOCATION

The asset is located in Capelle aan den IJssel, a municipality fully integrated into Rotterdam, just south of the Prins Alexander neighborhood, at 20min from the city center. The property is located across the main metro station, next to a retail and leisure complex in a fully consolidated residential area with excellent transport links, schools, health centers, sports clubs, parks and other amenities.

THE ASSET

The asset is a unique office building, leased by the local branch of ING Bank, which will provide upkeep and maintenance of the property in exchange for a lease waiver.

STRATEGY

Property acquired in Q2 2019 with the goal to process a change of use to residential and develop a prime residential project on the site of the existing building.

capelle, rotterdam
capelle, rotterdam

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capelle, rotterdam
capelle, rotterdam

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SOLID & DIVERSIFIED OPPORTUNITIES

We are a multi-faceted real estate organization, whose extensive resources and broad expertise allow it to seize on opportunities at a moment's notice. Our investment track record is testimony to our industry knowledge and maximized creation of value for our investors