BLUE HORIZON INVESTORS acquires office building BLAAK16 in Rotterdam
BLAAK16 is located in Rotterdam’s CBD, less than 100 meters from the iconic Markthal and right across the street from the NS-station Rotterdam Blaak.
The building has been completely redeveloped into a state of the art, sustainable office building (BREEAM Excellent). The renovation of the office building was completed in Q4 2017. The multi-tenant office building measures approx. 14,375 sqm over 11 stories. On the top floor there is a terrace with a splendid view over the Rotterdam Skyline. The parking garage offers over 150 places. Up to 90% of the available space at BLAAK16 has been leased to 7 different tenants. The largest tenants are Credit Exchange B.V., Portbase and Ocean Network Express. The third floor comprised of approx. 1,500 sqm is currently available for leasing.
Cairn Real Estate and Kadans Vastgoed were represented in the deal by CMS, PwC and Cushman & Wakefield. Blue Horizon, a Strategic Real Estate Investment Group with a strong European focus, was advised by White & Case, Loyens & Loeff, and KPMG. Equity Estate will carry out the asset management and corporate services, as Blue Horizon’s local partner.