Real Estate

MPC Capital subsidiary completes re-development of BLAAK16 in Rotterdam

03 Apr 2018

Hamburg/Amsterdam, 6 June 2018 - A Joint Venture between Cairn Real Estate and Angelo Gordon has acquired a real estate portfolio from Inside Investments.

The portfolio contains nine buildings with a floorspace of more than 100,000 m2. The acquired portfolio contains a mix of asset classes but is predominantly grocery anchored retail and logistics located in the Randstad. The buildings are mostly leased to credit worthy national and international tenants.

Maarten Briet, Managing Director at Cairn Real Estate: "Sourcing of deal-flow in this market requires creativity of both the operational partner and investor. We look forward working together in this partnership with Angelo Gordon who have proven to be well established in the Dutch real estate market. This acquisition is a great start of our cooperation and we strive for more joined projects in the future."

Angelo Gordon
Angelo Gordon is a private investment manager based in New York, with additional European offices in Amsterdam, London, Frankfurt and Milan. Angelo Gordon has been investing in commercial real estate since 1993 and has acquired over $13 billion of assets globally. In Europe, Angelo Gordon has purchased over $2 billion of value-add and core plus real estate assets in all asset classes since 2009.

MPC Capital AG
MPC Capital AG is an international 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 270 employees group-wide.

Information

www.blaak16.nl/
www.cairn-re.com
www.mpc-capital.com

Contact

Stefan Zenker
Head of Investor & Public Relations
+49 (40) 380 22 - 4347
s.zenker@mpc-capital.com