HighBrook Investors divests three office buildings

15-1, 2018

HighBrook Investors, a New York based real estate private equity firm, has sold three office buildings in the Northern region of the Netherlands, including:
► Tromphuis, Trompsingel 31-39 in Groningen, approximately 2,200 sq. m.
► Oostergoweg 3-5 in Leeuwarden, approximately 2,700 sq. m.
► Omega Park, Eemland 3-5 in Assen, approximately 3,900 sq. m.

Tromphuis, located in the city center of Groningen near the Central Station, is sold to the municipality of Groningen. Both the office building Omega Park close to the highway in Assen and the office building at Oostergoweg 3-5 near the main train station in Leeuwarden, are sold to private Investors.

HighBrook Investors acquired the properties in November 2017 as part of the acquisition of the Gorecht Portfolio of Hanzevast. A portfolio comprising 25 properties with a total floor area of 48.000 sq.m comprising mainly offices located primarily in the city centre of Groningen.

Equity Estate and BlauwVast acted as advisor to HighBrook Investors in the disposition of the three properties.

HighBrook Investors is a New York based real estate private equity firm which manages a diversified portfolio across the US and Europe. The firm is actively seeking additional opportunities to acquire well located assets with value-add potential throughout the Netherlands.