Henley360 has bought a 216,000 sq ft business park in Rotterdam, The Netherlands for €8.65 million.The multi let site, which comprises high quality office and light industrial accommodation across 30 units in five separate blocks, is Henley’s second acquisition in the Rotterdam market.
Situated in an established commercial location north of Rotterdam and within close proximity to the city centre, the business park benefits from Rotterdam’s attractive location as one of the largest ports in the world.
Commenting on the proactive asset management strategy for the site, Ian Rickwood, Chief Executive Officer of Henley, said:
“The site is an established business park of considerable quality and we believe there are fantastic opportunities to add significant value to the asset. Our plan is to increase occupancy back to around 95% and asset manage the property and current tenant relationships extremely proactively.”
17 July 2015 | Article by Property Mall
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