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Casuariestraat 5, 2511 Vb D...

Updated Dec 19, 2023

Irish Assurance Company Acquires Mixed-Use Property In Den Haag, NL For €15M
SOLDMixed-use

Irish Assurance Company Acquires Mixed-Use Property In Den Haag, NL For €15M

Casuariestraat 5, 2511 Vb Den Haag, Netherlands

$15,000,000

$357/SF

Building Size

42,022 SF

Asset Type

Mixed-use

Closing

Nov 24, 2021

About this deal

AI

Located at Casuariestraat 5 in Den Haag, Netherlands, this mixed-use property has recently been involved in a closed transaction. The transaction took place on November 24, 2021. The property spans an area of 42,022 square feet and is situated in the Den Haag sector of the Netherlands. The purchase price for this property was approximately €15,000,000, resulting in a price per square foot of €357. The vendor for this transaction was Catella Real Estate AG (CREAG), while the purchaser was Irish Assurance Company.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: €15,000,000 (approx.)
  • Square Footage: 42,022
  • Price per Square Foot: €357
  • Address: Casuariestraat 5, 2511 VB Den Haag, Netherlands
  • Vendor: Catella Real Estate AG (CREAG)
  • Purchaser: Irish Assurance Company

Representing the buyer and seller in this transaction were Iris Gozé and Jeroen van Maaren from Catella Investment Management Benelux (CIMB). They played a crucial role in facilitating the deal between Catella Real Estate AG (CREAG) and Irish Assurance Company.

Players

Iris Gozé

Broker

$15M

vol

1 deal

Broker

The Hague Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $357 per square foot on a published $15M for 42,022 square feet (2021).

Visit Jeroen van Maaren to view all their deals.

Browse The Hague mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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