Syntrus Achmea Real Estate & Finance has sold a residential portfolio on behalf of BPL Pensioen with a total of 162 single-family homes, of which 36 semi-detached houses across 19 locations in the Netherlands. The portfolio has been sold to an affiliated company of Grouwels Vastgoed B.V. for a purchase price of € 37,654,000.
The complexes are located in Berkel-Enschot, Middelburg, 's-Gravenpolder, Heinkenszand, Smilde, Aalten, Coevorden, Borger, Westerbork, Kaatsheuvel, Gendt, Gieten, Markelo, Nijverdal, Ridderkerk, Assen, Hellendoorn, Tilburg and Nuenen. The houses are mainly located in quiet, spacious residential areas in favorable locations close to city centers and highways. The years of construction vary from 1971 to 1985. The complexes have partly privatised and mainly have energy labels B and C. The average monthly rent is €865.
Ronald Koemans, Associate Director at Savills: "After a large number of portfolios were sold at the end of 2020, partly due to the increase in the transfer tax as of January 1, 2021, we saw that hardly any larger volume residential portfolios were sold in the first months of 2021. Despite the increase in the transfer tax, we witnessed a large number of bids, confirming that the interest from investors and investors remains high. We are very pleased that we were once again able to realize this successful transaction in collaboration with Syntrus Achmea Real Estate & Finance and Core Notariaat ."
Savills advised Syntrus Achmea Real Estate & Finance in the transaction. The legal supervision of the process was provided by Core Notariaat.