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Pr. Máximaweg 3199, Maasvla...

Updated Dec 21, 2023

Patrizia AG Acquires Industrial Property In Maasvlakte Rotterdam For €230M
SOLDIndustrial

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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Deal FAQ

About $91 per square foot on a published $230M for 2,507,991 square feet (2021).

Browse Florida industrial sales on Traded.

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

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