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The Netherlands: GARBE sells office building in Breda to FOUR-D

The fully integrated investment manager and real estate developer GARBE Institutional Capital has sold the office building at Fellenoordstraat 72-94 in Breda, a municipality located between Rotterdam and Antwerp, to FOUR-D on behalf of one of its funds. The office building is located in the center of Breda and encompasses more than 3,200 m² of GLA and 57 parking spaces. The building is fully let to five tenants.

FOUR-D, an independent and nationally active property developer, is adding the building to its investment portfolio and will include the site in medium-term developments of the area Gasthuisvelden.

CBRE (transaction), BarentsKrans (legal) and Deloitte (tax) acted as advisors to the seller. VDB notarissen en Adelaer advised FOUR-D on the transaction.

Media contact

Meike Neufeld
Feldhoff & Cie. GmbH

+49 175 323 0423

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