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

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SOLD
$15,000,000

South Holland

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Mixed-use42,022 SF
Sold 11/24/2021
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Property Image
SOLD

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

Casuariestraat 5, 2511 Vb Den Haag, Netherlands

See Similar Deals
Mixed-use42,022 SF
Sold 11/24/2021
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Summary

Asset Type:Mixed-use
Price Per Square Foot:$357
Total Square Footage:42,022 SF
Transaction Type:Sale

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

1 deal$15M volume
BROKER

Jeroen van Maaren
1 deal$15M volume
BROKER

Details

SOLD
IMAGE: Iris Gozé & Jeroen van Maaren DATE: 24/11/2021 ADDRESS: Casuariestraat 5 2511 VB Den Haag, Netherlands SECTOR: Den Haag, NL ASSET CLASS: Mixed-use PURCHASE PRICE: €15,000,000 (approx.) SQ. FT.: 42,022 PP SQ. FT.: €357 VENDOR: Catella Real Estate AG (CREAG) PURCHASER: Irish Assurance Company AGENT: Iris Gozé & Jeroen van Maaren - Catella Investment Management Benelux (CIMB)

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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