Project Bishop sold

27 March 2019

A Dutch office portfolio, known as Project Bishop, has been sold by a combination of multiple sellers to Harbert Management Corporation (Europe) LLC, as advisor to Harbert European Real Estate Fund V LP, a pan European real estate fund manager.

 

Project Bishop consists of 3 separate portfolios (Queen, Rook and Knight) that comprise a total of 12 assets predominately located in the Randstad area in the Netherlands. In total, the portfolios cover a total lettable floor area of 69,000 sq m and benefit from an occupancy rate of 81%. The combined portfolio offers an excellent combination of secured income and value-add potential.

 

The Sellers were advised by CBRE (commercial) and Allen & Overy (legal). Harbert, who bought this portfolio in a joint-venture with the Dutch asset manager Quan Investors, was advised by Savills (commercial), GT Law (legal) and SGS Search (technical).

 
 

General Enquiries

Savills Amsterdam

 

Key Contacts

Jordy Diepeveen

Jordy Diepeveen

Director
Investments

Savills Amsterdam

+31 (0) 20 301 2021

 

Susan Hatzmann

Susan Hatzmann

Communication Coordinator
Marketing

Savills Amsterdam

+31 (0)20 301 2066