Equity Estate is a predictable and professional partner and keeps to agreements made.
Ben Vos, CFO, Vos Logistics, Netherlands
This joint venture was created in 2006 with Arab Bank. Equity Estate holds 5% interest in the joint venture. The investment scope is Belgium, Germany and The Netherlands, targeting industrial, logistic and office buildings. Investments were made between 2006 and 2008, amounting over EUR 101 million. A leveraged cash on cash yield of 8% is targeted. The join venture will be liquidated in 2018.