Pressemitteilung

Expansion in the Netherlands: Quantum acquires parking garage portfolio for new fund

Quantum is expanding its activities in the Netherlands with a second parking garage fund. At launch, a portfolio of five parking garages in Rotterdam, The Hague, Amsterdam, and Gouda was acquired. A fund volume of up to 200 million euros is planned.

Zorgboulevard

Quantum Immobilien Kapitalverwaltungsgesellschaft mbH has acquired a parking garage portfolio in the Netherlands for the newly launched open-ended fund “Quantum City Parking Netherlands II.” The seller is Holland Immo Group (HIG). The parties have agreed not to disclose the purchase price.

The five assets are the “Zorgboulevard” and “Fenix” parking garages in Rotterdam, “Malieveld” in The Hague, “Amstel Tower” in Amsterdam, and “Bolwerk” in Gouda. “The five parking garages in prime locations comprise a total of around 3,200 parking spaces. The long-term tenant of all properties is the Dutch market leader Q-Park,” says Quantum Managing Director Arndt Buchwald.

The new parking garage fund “Quantum City Parking Netherlands II” has a target volume of 150–200 million euros. It is the successor to the “Quantum City Parking Netherlands,” launched in 2017, and will again be managed in cooperation with Orange Investment Managers. “With the new fund, Quantum is further expanding its activities specifically in the Netherlands and, more generally, in the parking asset class. Overall, this is now our third fund in the parking segment,” Buchwald adds.

CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern mbB (Germany) and CMS Derks Star Busmann N.V. (Netherlands), as well as PVM Eindhoven BV, advised Quantum. Debt financing was provided by Berlin Hyp.

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Part of the parking garage portfolio: the “Zorgboulevard” in Rotterdam. Photo free for editorial use with source credit: Quantum

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About Quantum

Since its founding in 1999, the independent Quantum Immobilien AG has stood for forward-looking project development, attractive institutional investment products and holistic management of real estate investments.

The development business realises its own projects as well as joint venture or service developments. The main focus is on the office, retail and residential asset classes. In addition to new developments, special attention is paid to inner-city redevelopments. To date, real estate projects with a total value of approx. € 6.0 billion have been completed.

In the investment business, Quantum offers customised solutions for institutional investors via its own capital investment company. Assets under management come to a total of approximately € 12.3 billion.

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Jana Beckmann

Jana Beckmann

Head of Communications & Marketing

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