TOP Q-PARK CAR ACQUISITION
[BIZ: Maastricht, September 26] The acquisition of a new multi-storey car park in the area, with space for around 2,000 vehicles, is the biggest investment Q-Park has ever made in a car park. International strategic hub Biggest investment Q-Park bought the multi-storey car park from Commerz Grundbesitz Investmentgesellschaft mbH (CGI). The transaction was realized through the collaboration of Van Gool Elburg Vastgoedspecialisten of Amsterdam. Q-Park is a top-5 player in the European parking market. It owns, manages and runs – fully, or in combination – multi-storey car parks. In recent years, interests in Europe have been rapidly expanded with strong market positions in the Netherlands, Belgium, France, Germany, England and Ireland. Q-Park shareholders are: ING Vastgoed Fonds Belegging, ING Vastgoedontwikkeling, Rupa, Stichting TKP Pensioen Real Estate Fonds, REAAL Levensverzekeringen, Munthof, Stichting Pensioenfonds ABP, Stichting Bedrijfstakpensioenfonds voor the Detailhandel, Stichting Pensioenfonds Wonen, Stichting Bedrijfstakpensioenfonds voor het Levensmiddelenbedrijf, Stichting Bedrijfspensioenfonds voor de Landbouw, Sprint Invest BV, Stichting Pensioenfonds ING, BHF Bank.
Q-Park, a top-5 player in the European parking market and market leader in the Netherlands, is investing over EUR 100m in the strategic international business and mobility centers, currently being developed along the southern border of Amsterdam (better knows as ‘Zuidas’).
In international terms, the area along the southern boundary of Amsterdam is an important hub, for both business and traffic. The large office complexes such as the World Trade Centre and head offices of Fortis, ING and ABN AMRO are located in this area. In the future, the new Amsterdam South/WTC station will be where the TGV, train, car, metro and Schiphol links come together.
For Q-Park, this acquisition is the biggest investment in a multi-storey car park in its history. The transaction involves over EUR 100m. With this purchase, Q-Park demonstrates that there is more to the company than running multi-storey car parks, and that it is prepared to invest in large infrastructural projects.
http://www.q-park.com/