HighBrook Investors and Equity Estate divested Blaak 333 to Egeria Real Estate development

19-12, 2018

Blaak 333 is a 17-storey office building with over 15,000 sqm LFA, on a parcel of 1,800 sqm, located in the CBD, close to the Rotterdam retail district and the major public transport hubs. The building has development or conversion potential.

HighBrook and Equity Estate bought the building approximately one year ago. Since then various conversations with the municipality took place and plans were made for a conversion.

Buyer Egeria Real Estate Development is specialist in complex inner city developments and conversions. Conversion of office buildings to residential is something Egeria has a great track record on. Egeria keeps a keen eye on public interest, in cooperation with the municipality, and creates strong living areas.

In this divestment process, HighBrook Investors and Equity Estate were advised by BNP Paribas Real Estate.