Orange Investment Managers acquires public car park in Dordrecht4 January 2021
At the end of December, Orange Investment Managers, based in Amsterdam, purchased an asset in Dordrecht for one of its managed funds. The asset consists of a standalone public MSCP with approximately 400 parking spaces which has been leased to Q-Park. The investment volume is approximately € 13 mln.
“Dordrecht is a good city for the diversification of our portfolio. We are therefore very pleased to have been able to acquire this asset from our network”, says investment manager Frenky Prins. “Despite these unprecedented times, we still see good opportunities to invest in mobility in the right places in Europe, with our funds we have a long term horizon. On our website (red: www.orangeim.nl) you can find our investment criteria”.
Orange Investment Managers is a leading specialist investment manager with a focus on parking real estate and invests throughout Europe. Currently, Orange IM manages parking garages in 6 countries (the Netherlands, England, Ireland, Germany, Italy and Denmark).