AMSTERDAM, 30 November 2015 – CBRE Global Investors is pleased to announce that, on behalf of the CBRE Dutch Retail Fund it has sold a portfolio of 33 assets, totalling 23.300 sqm for approximately EUR 60 million to Sofidy, on behalf of its international real estate fund, and Royal Properties Group.
The French real estate investor Sofidy, on behalf of its international real estate fund, has acquired 18 retail units totalling 8.500 sqm and four residential units. The retail units are located in the shopping centres of Woensel (Eindhoven), In de Bogaard (Rijswijk) and Overvecht (Utrecht), in addition to high street assets in Amersfoort, Goes, Middelburg en Venlo.
The private real estate investor, Royal Properties Group, represented by SebaldInvest, acquired 15 retail units, existing of inner-city retail high street units and supermarkets in Alkmaar, Hoorn, Sneek and Zutphen.
Jaap Démoed, Fund Manager CBRE Dutch Retail Fund: ‘This sale is in line with our strategy to continuously optimise the risk/return profile of our portfolio and dispose of properties that do no longer fit the Fund’s investment criteria and allocation targets in the long term. We continuously work towards strengthening the portfolio through active asset management.’
Sofidy was advised by by legal advisor Loyens & Loeff for this transaction. Schut van de Ven was the legal advisor for the Royal Properties Group. CBRE Global Investors’ legal advisor was Houthoff and for the real estate broker was DTZ Zadelhoff.