MPC Capital acquires additional six office properties from 'Transit' portfolio

14 February 2017

Follow-up deal comprises of six value-add assets at Dutch railway hubs

Hamburg/Amsterdam, 14 February 2017 - The Dutch subsidiary of the Hamburg based asset and investment manager MPC Capital AG, "Cairn Real Estate", has acquired six value-add assets in medium-sized cities throughout the Netherlands alongside an international institutional investor. The portfolio comprises of six office buildings located directly at railway stations in the Dutch cities of Hoofddorp, Maastricht, Zwolle, Zaandam, Amersfoort and Hengelo, with a total floor space of 63,400 m. The transaction is a follow-up deal of the investment project "Transit" concluded early 2016.

All buildings are located directly at railway stations. The majority of the properties is multi-tenant and are home to a diversified mix of high quality tenants. The overall occupancy level of the portfolio is about 60%; the larger part of the vacancy is concentrated in one property. The portfolio was acquired for an amount of around EUR 60 million.

Maarten Brit, Managing Director of Cairn Real Estate, comments: "Tenants pose high demands to office locations, for example on the work environments, sustainability and accessibility. We are convinced that these excellent located offices with the vision, market insights and investment capacity that we have to offer can be effectively repositioned into lively multi-tenant attractive office locations."

Dr Roman Rocke, Board Member of MPC Capital AG, comments: "This transaction is a perfect fit for our office portfolio in the Netherlands. The excellent market insight and the hands-on approach of our dutch team of real estate experts are bringing value-add to the properties and an attractive upside to our investors."

About MPC Capital AG
MPC Capital AG is an independent asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 240 employees group-wide.

Contact
MPC Capital AG
Stefan Zenker
Head of Investor Relations & Public Relations
Tel. +49 40 38022-4347
e-mail: s.zenker@mpc-capital.com

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