The Joint Venture between M-Tower Holdings Ltd and Adam Europe Real Estate International has further expanded its investment portfolio in the Netherlands. Through a separate investment entity, SLR Holdings CV, the joint venture has purchased a real estate portfolio consisting of 3 office buildings totaling 25,000m² LFA. All 3 office buildings are leased on a long-term basis, mainly to government-related parties (2 of the 3 buildings). It concerns buildings:
- Saturnus 1 in Amersfoort
- Dr van Deenweg 1 in Zwolle
- Geerstraat 121 in Heerlen
With this latest acquisition, M-Tower Holdings Ltd and Adam Europe Real Estate International have further expanded their joint Dutch real estate portfolio to 28 properties with a total floor area of approximately 112,500m² LFA (combination of offices and light industrial). A spokesman for the Joint Venture commented: “We are thrilled to have completed this latest acquisition, which is a continuation of our strategy to build a sizeable commercial real estate portfolio in the Netherlands for long-term investment. It is our intention to further grow the portfolio in the Netherlands over the coming years.”
