Transaction
Zinc Real Estate Group is further expanding its portfolio with the first retail acquisition in The Netherlands
August 29, 2023
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Credit Suisse fund has sold a retail asset located at Binnenwegplein 26 – 68 to Zinc Real Estate Group. The asset is located in the city centre of Rotterdam and comprises circa 14,000 sqm LFA divided over 8 units, of which one unit on the top floor is vacant.
The asset is leased to anchor tenants such as Albert Heijn, Monki (H&M), KFC and Media Markt, who has recently opened their second ‘Tech Village’ in Europe at the premises. It’s an innovative shopping experience, where visitors can discover, try out and compare the latest technology. The first Tech Village was opened in Milan.
Credit Suisse was commercially advised by CBRE and legally represented by Houthoff. Zinc was legally advised by Osborne Clarke.
With this acquisition Zinc is advancing its diversified growth strategy in The Netherlands and the UK.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
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