PRESS RELEASE

Transcription

PRESS RELEASE
PRESS RELEASE
CONTACT:
Erik Langens – Senior Director Capital Markets
Email: [email protected]
Phone: +31 (0)20 626 26 91
CK CAPITAL PARTNERS AND MONARCH ALTERNATIVE CAPITAL ACQUIRE
OFFICE BUILDING, JOHAN DE WITTLAAN 32, LOCATED WITHIN THE WORLD
FORUM CONVENTION AREA IN THE HAGUE
Amsterdam, 26 June 2014 – Den Haag Fonds GmbH & Co Zweite Kommanditgesellschaft für
geschlossene Immobilienfonds in den Niederlanden agreed on the sale of the office building at
Johan de Wittlaan 32 in The Hague (the “Property”) to affiliates of CK Capital Partners B.V. (“CK
Capital”) and Monarch Alternative Capital LP (“Monarch”). The Property comprises a total of
approximately 16,734 sq m of office space and provides 110 parking places in the underground
parking garage and an additional 15 on-site.
The Property was constructed in 1998 (built-to-suit) and was designed by the American architect
Kallmann, McKinnell and Wood.
The Property is located in the World Forum Convention area of The Hague. Several international
organisations are located in its direct vicinity, as well as a number of Embassies and residences
of Ambassadors.
Linda Koster, CEO and Founding Partner of CK Capital, commented: “We are excited to have
completed our first commercial property acquisition in the Netherlands. Together with Monarch,
our partner in the transaction, we have acquired a landmark property in a prominent location in
The Hague together with an exemplary tenant. We look forward to making future investments in
commercial properties across the Netherlands.”
During the sale process NL real estate, Allen & Overy and CVO acted on behalf of Den Haag
Fonds GmbH & Co Zweite Kommanditgesellschaft für geschlossene Immobilienfonds in den
Niederlanden. CBRE and HMK Notarissen acted on behalf of CK Capital.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s
largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has
approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through
approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property
sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and
valuation; development services; investment management; and research and consulting. Please visit our website at
www.cbre.com.