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Announced

Completed

Schroders Capital completed the acquisition of Hoog Catharijne.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Private

Cross Border

Single Bidder

Netherlands

office complex

Real Estate Holding and Development

Acquisition

Majority

Completed

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Synopsis

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Schroders Capital Real Estate, a real estate company, completed the acquisition of Hoog Catharijne, an office building. Financial terms were not disclosed. "We are excited to add this high-quality office complex to our portfolio. Its prime location in the city center, surrounded by a wide range of amenities and directly adjacent to one of the busiest train stations of the Netherlands makes it a property that meets the demands of a wide range of tenants. We have a strong belief in the long-term potential of well-located, multi-tenant offices offering an inspiring place to work for its occupiers and this acquisition is a vote of confidence in that potential. We look forward to working with our new tenants, Klepierre as our direct neighbour and the local community to further capture the potential of this vibrant business hub in the heart of Utrecht city center," Maarten Briët, Schroders Capital Co-Head.

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