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CMS advises Bouwfonds in the acquisition of Q-park car parks

23/12/2011

Bouwfonds Real Estate Investment Management Deutschland GmbH has acquired six car parks throughout the Netherlands from Q-park through a sale-and-leaseback-transaction.

Q-park is an international off-street parking enterprise that aims to deliver high-quality parking service provision for both constructed parking facilities and parking spaces in strategic locations. The company holds strong market positions in ten Western European countries, and is included in the top three for European parking enterprises.

Bouwfonds Real Estate Investment Management Deutschland GmbH is part of the Rabo Real Estate Group, developing and exploiting real estate for both private and institutional customers for a total value of approx. 6.8 billion Euros.

CMS counselled Bouwfonds for due diligence, purchase agreement, lease, notarial transfer and general advisement. The team, led by CMS real estate-partner Hein van der Meer, consisted of Arnout Scholten, Jasper Kampherbeek, Jan Willem Oudijk, Jan van Vulpen, Tristan Schonis, Sara Papavoine and Annemarie Koppert.

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