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Weena 200, a 173,000-SF landmark office building, Rotterdam,
The Netherlands. |
LONDON, ENGLAND –
– HFF Real Estate Limited
(HFF) announced today that it has arranged
€30 (U.S. $34.5 million) million in financing for
Weena 200, a 173,000-square-foot
landmark office building in Rotterdam, Netherlands.
HFF advised neo capital (neo), the London-based real estate
investment and asset management firm, on the five-year, floating-rate
acquisition loan.
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| Deborah Watt |
Weena 200 is situated in the heart of Rotterdam’s central
business district with immediate proximity to Rotterdam Central Station, which
is the third largest train station in the Netherlands, and provides
accessibility to the local metro, tram and bus routes.
The highly prominent building was renovated in 2016 and is
81% leased to 30 different tenants operating across 20 business sectors,
including real estate, shipping, healthcare and serviced office sectors.
The HFF debt placement team representing the borrower was
led by managing director Claudio Sgobba, and director Andrew
Hornblower.
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| Claudio Sgobba |
“As one of our core client relationships, we are very
pleased to have completed our third financing on behalf of neo capital in the
last 24 months,” Sgobba said.
“They consistently
identify and perform on attractive income-generating opportunities with strong
upside. Neo capital’s business plan is emblematic of their asset
management expertise, as their hands-on efforts will generate a 33% increase in
rents over the first few years of ownership.
"As a result of
their success, neo’s sterling reputation has elevated them to become a top-tier
global investment manager with activity in Europe, North America and the Middle
East.”
 |
| Andrew Hornblower |
Deborah Watt, Head of Real Estate at neo capital, added, “We are pleased to have acquired our first commercial asset in the Netherlands with the purchase of Weena 200.
"It is in a prime location with fantastic connectivity and is let to a range of tenants producing a well-diversified income stream. The building was refurbished recently and is therefore attractive to new occupiers and offers the potential for rental growth.
"This is exactly the type of asset that neo capital is
looking to invest in – good location, good connectivity, good tenants and which
will allow us the opportunity as asset managers to improve and develop the
asset for the betterment of our occupiers.”
About neo capital
neo capital is an independent Investment Advisory and Asset
Management company founded in 2015. It has unrivalled access to Ultra High Net
Worth individuals globally and has $700 million of assets under management.
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| Rotterdam, The Netherlands |
The
company has several projects underway in Western Europe and the US and aims to
double its AUM to $1.4 billion.
neo capital’s philosophy is to provide best in class
investment advice to their clients so they can gain exposure to US and European
real estate markets.
CONTACTS:
CLAUDIO SGOBBA
HFF Managing Director
+44 20 7317 3115
KRISTEN MURPHY
HFF Director,
Public Relations
+1 (617)
338-0990
The buyer, a private
investor, was also secured and represented by Anderson, Roberts and Jason Hague, investment specialists in Marcus & Millichap’s
Orlando and Tampa offices. 
