Updated Dec 21, 2023
Patrizia AG Acquires Industrial Property In Maasvlakte Rotterdam For €230M
Pr. Máximaweg 3199, Maasvlakte Rotterdam, Netherlands
$230,000,000
$91/SF
Building Size
2,507,991 SF
Asset Type
Industrial
Closing
Oct 12, 2021
About this deal
AI
The industrial property located at Pr. Máximaweg 3199, Maasvlakte Rotterdam, Netherlands, has been sold in a closed transaction. The property spans a total square footage of 2,507,991 and was acquired for a purchase price of €230,000,000. The transaction was completed on 10/12/2021 and was captured in an image shared on Instagram by Alexander van Gastel. The property falls within the Rotterdam, Netherlands sector and belongs to the industrial asset class.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: €230,000,000
- Square Footage: 2,507,991
- Purchase Price per Square Foot: €92
- Vendor: DHG
- Purchaser: Patrizia AG - Alexander van Gastel
The transaction involved DHG as the vendor and Patrizia AG, represented by Alexander van Gastel, as the purchaser. The deal represents a significant acquisition in the industrial sector, highlighting the continued investment interest in the Rotterdam, Netherlands area.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93