Berlin-based Catella Residential Investment Management (CRIM) has sold a Dutch residential portfolio on behalf of Catella European Residential Fund (CER) to Woonhave for approximately € 100 mln. The portfolio consists of 355 apartments with a lettable area of 30,025 m², parking facilities and a commercial space divided over six locations: two in The Hague and one in Leiden, Rotterdam, Tilburg and Woerden.
The transaction was supervised by local asset management partner Catella Investment Management Benelux (CIMB) via the AIFM platform Catella Real Estate AG (CREAG). CMS assisted Catella in the vendor due diligence, the contract formation, the drafting of the purchase agreement and the sales negotiations. Houthoff represented buyer Woonhave.
The CMS team consisted of: Hein van der Meer, Mariëlle de Blok, Jasper Kampherbeek and Jori Kreule.