CityLink expands portfolio with purchase of industrial building at Distripark Botlek in Rotterdam

April 13, 2022

HighBrook Investors and Proptimize have purchased a detached commercial building at 33 Shannonweg in Rotterdam from seller Profound Asset Management B.V. for the benefit of the CityLink portfolio.

The acquired property is located on a plot of 12,212 sqm and consists of two story’s with four industrial halls and office spaces. The property and surrounding grounds have been leased in their entirety and for a long period to Eriks B.V., an internationally operating specialist industrial service provider.

HighBrook Investors and Proptimize were advised by Calibre Asset Management BV during this transaction.

Profound Asset Management B.V. acted on behalf of the seller and was advised technically by DHVM Vastgoedmanagement, legally by SoestVanVelten and fiscally by RechtStaete.

HighBrook Investors

HighBrook Investors is a private equity investor with a focus on value-add real estate in North America and Europe. HighBrook Investors focuses on property acquisition and active management to add value.

Proptimize

Proptimize is an independent real estate company, active as a developer of logistics real estate and also offers a ‘full service’ asset management platform in the field of logistics, last mile and offices to a select group of (inter)national investment partners.

By combining local knowledge and expertise and with the experience in building real estate portfolios, HighBrook and Proptimize form an excellent partnership to make CityLink a success.